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4446 Glenwood Rd - Commercial Zoned Land Site | 1.94 Acres 1.94 Acres of Commercial Land Offered at $500,000 in Decatur, GA 30032
INVESTMENT HIGHLIGHTS
- Heavy Daytime traffic
- Square corner parcel allowing easy ingress/egress
- Within .5 miles of major highway exit ramp.
EXECUTIVE SUMMARY
Designated OPPORTUNITY ZONE with the potential for preferential tax treatment.
Developers, here's your opportunity to build Affordable housing, Assisted living, Apartments, Fast Food, or mixed use in the Glenwood Corridor 1/4 mile inside 285 and close to MARTA.
This corner lot is adjacent to a quiet residential neighborhood.
The Glenwood Road frontage is perfect for Retail/Services with residential access off of Iris Lane.
This area of Decatur has seen considerable residential growth. If you have a fast-food, or gas station/mini mart client this corner lot lends itself to easy access.
Current population +90K in a 3 mile radius, with over $50K household income trending to over $60K, 3:2 owner/renter ratio. Currently over 19,000 drive-bys per day, which is destined to double with the new interchange. 100 and 500 year FEMA Floodplain X. Small creek in front of the property that a culvert can be added to create a bridge over the creek. Owner's agent has met numerous times with DeKalb County Planning and zoning as well as Georgia State Water Management personnel. As a result the County would entertain looking at a 25' creek easement setback and a partial culvert added. Buyer is solely responsible for confirming that is still the case. Seller is making no representation regarding the setback or culvert.
Developers, here's your opportunity to build Affordable housing, Assisted living, Apartments, Fast Food, or mixed use in the Glenwood Corridor 1/4 mile inside 285 and close to MARTA.
This corner lot is adjacent to a quiet residential neighborhood.
The Glenwood Road frontage is perfect for Retail/Services with residential access off of Iris Lane.
This area of Decatur has seen considerable residential growth. If you have a fast-food, or gas station/mini mart client this corner lot lends itself to easy access.
Current population +90K in a 3 mile radius, with over $50K household income trending to over $60K, 3:2 owner/renter ratio. Currently over 19,000 drive-bys per day, which is destined to double with the new interchange. 100 and 500 year FEMA Floodplain X. Small creek in front of the property that a culvert can be added to create a bridge over the creek. Owner's agent has met numerous times with DeKalb County Planning and zoning as well as Georgia State Water Management personnel. As a result the County would entertain looking at a 25' creek easement setback and a partial culvert added. Buyer is solely responsible for confirming that is still the case. Seller is making no representation regarding the setback or culvert.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $500,000 | Lot Size | 1.94 AC |
| Price Per AC | $257,731.96 |
| Price | $500,000 |
| Price Per AC | $257,731.96 |
| Lot Size | 1.94 AC |
+/- 1.9 acres on the corner of Glenwood Road and Iris Lane .3 miles from I285 interchange. Glenwood overpass and exit to I285 is expanding to 6 lanes and Glenwood will be widened inside the perimeter. Appx 290' frontage on both Glenwood and Iris.
DESCRIPTION
Vacant lot, undeveloped.
PROPERTY TAXES
| Parcel Number | 15-188-04-009 | Improvements Assessment | $0 |
| Land Assessment | $155,080 | Total Assessment | $155,080 |
PROPERTY TAXES
Parcel Number
15-188-04-009
Land Assessment
$155,080
Improvements Assessment
$0
Total Assessment
$155,080
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4446 Glenwood Rd - Commercial Zoned Land Site | 1.94 Acres
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