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6086 Hillandale Dr 4.9 Acres of Residential Land Offered at $765,000 in Lithonia, GA 30058

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Investment Highlights

  • Off-Site Improvements
  • Street Frontage
  • Rezoning Advantage
  • Proposed for Mixed Use
  • Proximity to Amenities

Executive Summary

An exceptional opportunity to acquire a strategically located and development-ready land parcel in Stonecrest, GA. With a favorable rezoning history and access to essential utilities, this 4.86-acre site is poised for a high-impact multifamily or townhome development. Capitalize on Stonecrest's robust growth and the strong demand for residential properties in this dynamic submarket. This offering represents a compelling investment for developers seeking to create value in a thriving urban-adjacent environment.

Property Facts

Price $765,000
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Medical
  • Single Family Residence
Total Lot Size 4.90 AC
Zoning MR-1 (X) - MR-1 (Medium Density Residential), though a successful rezoning application (RZ-20-001) in 2020 aimed to change it to MR-2 (High Density Residential)

1 Lot Available

Lot

Price $765,000
Price Per AC $156,122.45
Lot Size 4.90 AC

Expansive 4.86-acre (211,702 SF) undeveloped lot in Stonecrest, GA. Ideal for diverse development, offering a versatile canvas for design. Public water and sewer utilities are readily available, ensuring immediate development potential with minimal i

Description

This exceptional 4.86-acre undeveloped land parcel, located at 6086 Hillandale Drive in the rapidly developing city of Stonecrest, Georgia, presents a prime opportunity for residential or mixed-use development. Strategically positioned approximately 200 yards from Hillandale Memorial Gardens and in close proximity to the bustling intersection with Hillandale Road, this property benefits from excellent accessibility and visibility. The site is characterized by its relatively level topography and wooded landscape, offering a natural setting ripe for transformation. Its location within Stonecrest places it near key amenities, including Emory Hillandale Hospital and the prominent Mall at Stonecrest, enhancing its appeal for future residents or commercial ventures

Property Taxes

Property Taxes

Parcel Number
16-088-01-007
Land Assessment
$92,480
Improvements Assessment
$0
Total Assessment
$92,480
  • Listing ID: 24083931

  • Date on Market: 10/25/2024

  • Last Updated:

  • Address: 6086 Hillandale Dr, Lithonia, GA 30058

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