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5656 Covington Hwy
Decatur, GA 30035
Traffic Light Corner · Land For Sale
·
1.85 AC
Investment Highlights
- Two-parcel assemblage totaling 1.81 acres
- Located on Covington Hwy, high visibility and traffic
- Ideal for townhomes, build-to-rent, or residential infill
- Zoned RA-8 & R-100 – up to 14 units allowed by right
- Utilities available: Water at property; Sewer approx. 700 ft away
Executive Summary
Two-parcel assemblage totaling 1.81 acres at 5646 & 5650 Covington Highway, Stone Mountain, GA. Zoned RA-8 (Residential Attached) and R-100 (Single-Family Residential). Property is being marketed as-is with ongoing efforts to rezone for increased flexibility. Current RA-8 zoning allows up to 8 units per acre, supporting up to 14 townhomes or single-family homes.
This site sits in a high-visibility location with access to existing water and nearby sewer connections (approx. 700 feet from property line). Surveys and prior site planning documents available upon request.
Ideal for residential infill development, build-to-rent townhomes, or long-term hold with rezoning upside. Surrounded by recent residential developments with new construction townhomes in the area selling between $309,000 and $325,000.
Assemblage includes:
5646 Covington Hwy (Parcel ID: 16-006-03-001) – RA-8, ~1.77 acres
5650 Covington Hwy (Parcel ID: 16-007-02-013) – R-100, ~0.04 acres
Total List Price: $650,000 for both parcels.
This site sits in a high-visibility location with access to existing water and nearby sewer connections (approx. 700 feet from property line). Surveys and prior site planning documents available upon request.
Ideal for residential infill development, build-to-rent townhomes, or long-term hold with rezoning upside. Surrounded by recent residential developments with new construction townhomes in the area selling between $309,000 and $325,000.
Assemblage includes:
5646 Covington Hwy (Parcel ID: 16-006-03-001) – RA-8, ~1.77 acres
5650 Covington Hwy (Parcel ID: 16-007-02-013) – R-100, ~0.04 acres
Total List Price: $650,000 for both parcels.
Property Facts
2 Lots Available
Lot
| Price | $500,000 | Lot Size | 1.81 AC |
| Price Per AC | $276,243.09 |
| Price | $500,000 |
| Price Per AC | $276,243.09 |
| Lot Size | 1.81 AC |
All that tract or parcel of land lying and being in Land Lots 6 and 7 of the 16th District, DeKalb County, Georgia, and being more particularly described as follows: BEGINNING at a 1'' rod at the intersection of land lots 6, 7, 26, and 27; THENCE Nor
Lot
| Lot Size | 0.04 AC |
| Lot Size | 0.04 AC |
Description
This 1.81-acre assemblage includes 5646 & 5650 Covington Highway and is being sold together for $650,000. Two parcels, one sale. Located in a high-traffic area with strong development potential. Great opportunity for investors or
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $19,280 | Total Assessment | $19,280 |
Property Taxes
Parcel Numbers
Land Assessment
$19,280
Improvements Assessment
$0
Total Assessment
$19,280
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