4736 Redan Rd
Stone Mountain, GA 30083
Redan Road Redevelopment Opportunity · Land For Sale · 0.91 AC

Marcus & Millichap is pleased to present For Sale the vacant property at 4736 Redan Road, Stone Mountain, Georgia, located in unincorporated DeKalb County. The property has a 4,960 SF building on 0.91 acre property and has 208 FT of frontage along Redan Road. The property sits in a prime retail corridor where almost 90,000 people live in a 3-mile radius and over 238,000 live in a 5-mile radius. The traffic counts at the nearby intersection combine to over 41,000 AADT. The average household income in each of the 1, 3, and mile radius rings exceeds $56,000. The property is zoned C-1 (Local Commercial). The intersection and surrounding retail corridor comprise the Greater Hidden Hills Overlay District, where the property is designated Tier 2. While the property previously operated as a convenience store that sold gasoline, as well as beer & wine, and then later operated as both a used car lot and a used tire store, there have been recent changes in DeKalb County’s zoning laws that severely restrict these legitimate uses. The gasoline tanks were later removed and a No Further Action letter was obtained in 1999 from the Georgia EPD. The existing building that is located on the property has some deferred maintenance but is still structurally sound. Opportunities for the site could be to either renovate the existing building, including its substantial basement, or to completely redevelop the entire site. The highest and best us would be to redevelop the property into a single tenant net leased opportunity. DeKalb County, Georgia is Georgia’s fourth most populous county, as it is home to close to 700,000 people. The county seat is Decatur and the county also hosts approximately 20% of the City of Atlanta. DeKalb is one of only two metro counties that operates MARTA heavy rail lines because its leadership embraced mass transit in the early 1980s. DeKalb County is home to the Centers for Disease Control and Prevention (CDC) and also home to several institutions of higher education, including Emory University and Agnes Scott College, and Oglethorpe University. Within DeKalb County sits nearby Stone Mountain, a granite dome that rises 825 vertical feet from the surrounding area and that operates as a state park, hosting over 4 million annual visitors.