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2551 Panola Road, Decatur, GA 30035

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For Sale

$599,900

1.97 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • 2 acres
    Lot size

Explore this Property

Location! Location! 1.97 Acres of undeveloped land in the Stonecrest Overlay District is located in a mixed-use area on Panola Rd between I-20 and less than 2-3 mi. from the Covington Hwy busy intersection. The lot is next to Super Suds Car Wash and Panola Crossing Shopping Plaza, directly across from the Lou Walker Senior Citizen Recreational Center. The area is growing with new townhome developments, restaurants, a Lidl & Publix store, LA & Planet Fitness gyms, Walmart, and much more to come! Panola Rd and Covington Highway is a highly traveled road ready for development. Currently zoned C-1, but would be perfect for multi-family re-zoning such as Senior Housing or townhomes. Survey and the StoneCrest Overlay District Design Requirements are available upon request. The seller has single-family residential plans for 18 townhome units (1 car garage) and 13 townhomes (2 car garage). The Buyer is responsible for verifying all information and confirming re-zoning possible use. The property GIS Mapping is in the City of Stonecrest. The city and zip code per the Dekalb County tax records will state Decatur, 30035. However, the taxes are paid to the City of Stonecrest. This is a GIS Mapping issue that the USPS and Stonecrest GIS Mapping will resolve at a future date.
MLS# 7275934

Courtesy Of HomeSmart

(404) 876-4901

Property Features

  • Architecture Style
    Other
  • Lot Size
    1.97 Acres
  • Roof Type
    Unknown

Map and Directions

Directions to 2551 Panola Road, Decatur, GA 30035

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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