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4226 Glenwood Rd 1.55 Acres of Residential Land Offered at $1,150,000 in Decatur, GA 30032

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INVESTMENT HIGHLIGHTS

  • Less than a Mile from the I-285 intersection
  • excellent exposure to Glenwood Rd
  • Conceptual site and elevation plans included.
  • Located in high traffic count on Glenwood
  • Located within DeKalb County’s CRC redevelopment zone.
  • 21-unit plan with townhomes and cottages.

EXECUTIVE SUMMARY

Positioned in the heart of Decatur’s evolving Glenwood Road corridor, this 1.55-acre parcel offers a rare opportunity for residential development in a zone primed for transformation. The proposed plan includes 21 thoughtfully designed units—17 townhomes and 4 cottages—blending density with livability in a walkable, transit-accessible location. A requested 20% density bonus would allow up to 14.4 units per acre, leveraging a sidewalk connection to the nearby MARTA bus stop on Misty Valley Road.
The site benefits from its designation within the Commercial Redevelopment Corridor (CRC), aligning with DeKalb County’s 2035 Comprehensive Plan to encourage mixed-use and residential infill. Surrounding amenities include major retailers like Walmart, Kroger, and Wayfield Foods, as well as educational institutions such as Towers High School and Columbia High School—all within a 2-mile radius. The parcel’s proximity to Glenwood Road and I-285 ensures excellent connectivity to the broader Atlanta metro area.
This offering is ideal for developers seeking a shovel-ready opportunity in a high-demand submarket with supportive zoning and infrastructure. The concept plan and architectural elevations for townhomes and cottages are included, providing a clear vision for a vibrant, community-oriented development.
*That's a great location and prime investment opportunity in the high-density location of Glenwood Road.*

ATTACHMENTS

4226 Glenwood

PROPERTY FACTS

Price $1,150,000
Sale Type Investment
Sale Condition Build to Suit
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Mixed Use
  • Multifamily
Total Lot Size 1.55 AC
Zoning MR-2 - Residential

1 LOT AVAILABLE

Lot 1

Price $1,150,000
Price Per AC $741,935.48
Lot Size 1.55 AC

Corner Lot on Glenwood Road and Misty Vally Road. Zoned MR-2, located in high traffic count on Glenwood. Less than a Mail from the I-285 intersection. The parcel has 348' frontages on Glenwood & 237' of Misty Valy Road. Lot inside of the perimeter.

DESCRIPTION

21 Unit residential development, 17 townhomes, and 4 Cottages.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-187-06-048
Land Assessment
$65,520
Improvements Assessment
$0
Total Assessment
$65,520
  • Listing ID: 26325446

  • Date on Market: 8/4/2022

  • Last Updated:

  • Address: 4226 Glenwood Rd, Decatur, GA 30032

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