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2112 Panola Rd
Lithonia, GA 30058
Residential Development | ±1.58 Acres · Land For Sale
·
1.58 AC
Investment Highlights
- This ±1.58-acre residential site is located on Panola Road
- Young Road traffic counts total approximately 19,400 vehicles per day, providing excellent visibility and accessibility.
- Panola Way Elementary School is approximately 0.3 miles west of the property.
- RSM (Small Lot Residential Mix District) zoning
- The property is located less than one-half mile from Covington Highway and less than two miles from Interstate 20
- $75,000
Executive Summary
This ±1.58-acre residential development site is ideally located along Panola Road between Covington Highway and Young Road in Lithonia, Georgia, within DeKalb County and the Atlanta metropolitan area. The property's strategic location offers convenient access to surrounding residential neighborhoods, commercial services, and major transportation corridors.
Zoned RSM (Small Lot Residential Mix District), the site is well suited for a variety of residential development opportunities, permitting a mix of single-family attached and detached housing. This flexible zoning provides developers with the ability to create an attractive residential community in an established and growing submarket.
The property benefits from approximately 19,400 vehicles per day along nearby Young Road, providing strong visibility and easy accessibility. It is situated less than one-half mile from Covington Highway and fewer than two miles from Interstate 20, allowing for convenient access throughout the Atlanta region. Additionally, Panola Way Elementary School is located approximately 0.3 miles west of the property, further enhancing the appeal of the location for future residential development.
Zoned RSM (Small Lot Residential Mix District), the site is well suited for a variety of residential development opportunities, permitting a mix of single-family attached and detached housing. This flexible zoning provides developers with the ability to create an attractive residential community in an established and growing submarket.
The property benefits from approximately 19,400 vehicles per day along nearby Young Road, providing strong visibility and easy accessibility. It is situated less than one-half mile from Covington Highway and fewer than two miles from Interstate 20, allowing for convenient access throughout the Atlanta region. Additionally, Panola Way Elementary School is located approximately 0.3 miles west of the property, further enhancing the appeal of the location for future residential development.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Apartment Units - Condo |
| Property Type | Land | Total Lot Size | 1.58 AC |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units - Condo |
| Total Lot Size | 1.58 AC |
1 Lot Available
Lot 1
| Price | $75,000 | Lot Size | 1.58 AC |
| Price Per AC | $47,468.35 |
| Price | $75,000 |
| Price Per AC | $47,468.35 |
| Lot Size | 1.58 AC |
This ±1.58 acre residential site is located on Panola Road between Covington Highway and Young Road in Lithonia, within DeKalb County and the Atlanta MSA.
Property Taxes
| Parcel Number | 16-059-01-004 | Improvements Assessment | $0 |
| Land Assessment | $16,480 | Total Assessment | $16,480 |
Property Taxes
Parcel Number
16-059-01-004
Land Assessment
$16,480
Improvements Assessment
$0
Total Assessment
$16,480
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