This exceptional 7.59-acre development site in Decatur, Georgia, presents a prime opportunity for multifamily and townhome construction. Located in DeKalb County, with APN 15-128-01-001, this property is zoned RSM and situated in the I-20 Corridor Overlay District, allowing for mixed-use developments with up to 40 dwelling units per acre, plus a 25% density bonus. Preliminary plans indicate the potential for over 55 townhome units and 280 multifamily apartment units. The site boasts a gently sloping topography and is conveniently located less than two miles west of the I-20 and I-285 interchange, offering excellent access and visibility. Its proximity to the Wesley Chapel Transit Oriented District (TOD) and a planned MARTA station enhances its appeal for transit-oriented development. Significant economic incentives are available through Qualified Census Tract (QCT) and Livable Center Initiative (LCI) designations. Water and sewer credits are also available, with all other utilities accessible at the road. This property is part of a larger assemblage but is available for purchase independently. The site's strategic location and zoning regulations make it an ideal investment for developers seeking high-density residential projects. This is a rare opportunity to capitalize on the growing demand for housing in this thriving area of DeKalb County. The address is 4513 Snapfinger Woods Dr, Decatur, GA 30035.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$516,467
Hospitality
$473,081
Educational
$393,598
Medical
$407,134
Retail
$612,263
Location Insight
City
Decatur
County
Dekalb
State
Georgia
Latitude
33.7079
Longitude
-84.2026
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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