3961 Panola Rd Stonecrest, GA 30038
Lithonia NeighborhoodEstimated payment $2,892/month
Highlights
- 26 Acre Lot
- Private Lot
- Brush Vegetation
- Heavily Wooded Lot
- Rural View
About This Lot
26 (+/-) Acres | Zoned R-100
This 26-acre parcel offers immediate development potential in a growing corridor of Stonecrest, GA. The property is currently zoned R-100 (Residential Medium Lot District), allowing up to 3 homes per acre (1 home per 15,000 sq. ft.) with a maximum lot coverage of 35%.
Location:
3 miles to I-20
<20 miles to Downtown Atlanta
23 miles to Hartsfield-Jackson Atlanta International Airport
Nearby amenities include Browns Mill Park & Aquatic Center (2 miles), Arabia Mountain (6 miles), Stonecrest Mall (8 miles), and Stone Mountain (15 miles).
Infrastructure:
Utilities available: electric, water, cable, natural gas
Sewer access: easement required, connection available via adjacent community at the rear of the property
Property Features:
Gently sloping topography with wooded cover
Historical use as farmland and timber harvest site (mid-1900s)
26 (+/-) contiguous acres suitable for residential development
Development Potential-
Subdivision opportunity: well-suited for residential subdivision projects given zoning, access, and location
Private estate option: acreage and setting also allow for construction of a large private residence with significant land use flexibility
Summary:
3962 Panola Road presents a prime opportunity for builders, developers, or investors seeking residential development land in the Stonecrest/Atlanta metro area. The combination of location, zoning, and available utilities makes this property a strong candidate for immediate planning and subdivision.
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,029
Lot Details
- 26 Acre Lot
- Property fronts a county road
- Barbed Wire
- Brush Vegetation
- Private Lot
- Heavily Wooded Lot
- Landscaped with Trees
- Property is zoned R100
Property Views
- Rural Views
Schools
- Flat Rock Elementary School
- Salem Middle School
- Martin Luther King Jr High School
Utilities
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 16 019 01 012
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,211 | $72,320 | $72,320 | -- |
| 2023 | $3,211 | $68,520 | $68,520 | $0 |
| 2022 | $3,011 | $68,520 | $68,520 | $0 |
| 2021 | $3,058 | $68,520 | $68,520 | $0 |
| 2020 | $3,028 | $68,520 | $68,520 | $0 |
| 2019 | $3,007 | $68,520 | $68,520 | $0 |
| 2018 | $3,034 | $68,520 | $68,520 | $0 |
| 2017 | $3,021 | $68,520 | $68,520 | $0 |
| 2016 | $3,026 | $68,480 | $68,480 | $0 |
| 2014 | $3,101 | $68,480 | $68,480 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/26/2024 08/26/24 | For Sale | $500,000 | -- | -- |
Source: First Multiple Listing Service (FMLS)
MLS Number: 7441273
APN: 16-019-01-012
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