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2551 Panola Rd
Lithonia, GA 30058
Land For Sale
·
1.97 AC


Investment Highlights
- Located on Panola Road with an average daily traffic count of approximately 17,445 vehicles.
- Situated near major retailers, including Publix and Lidl, and across from Lou Walker Senior Center.
- Area experiencing rapid growth with new residential and commercial developments.
- Zoned C-1 (Local Commercial), allowing for retail, office, medical, and service uses.
- Convenient access to I-20, providing connectivity to the greater Atlanta metro area.
Executive Summary
**High-Traffic Commercial Land in Stonecrest** This is an exceptional opportunity to acquire a prime **1.97-acre commercial lot** in a rapidly growing area of Stonecrest, Georgia. Situated directly on Panola Road, this property benefits from a significant and increasing volume of traffic. A 2020 Georgia Department of Transportation (GDOT) study measured the average daily traffic at approximately **17,445 vehicles**, making it an ideal location for businesses that thrive on maximum visibility and customer exposure. The flexible **C-1 "Local Commercial" zoning** is a key advantage, providing a wide range of development possibilities to serve the community's daily needs. These include: * **Retail & Services:** Perfect for specialty shops, salons, barbershops, pet grooming, an indoor recreational center (such as for pickleball), or a dry cleaner. * **Restaurants:** Capitalize on the high traffic with a sit-down restaurant, a bakery, a coffee shop, or a drive-thru fast-food establishment. * **Office & Medical:** Ideal for professional offices (law, construction, or real estate firms) and medical clinics, with convenient proximity to Rockdale and Hillandale Hospitals. * **Other Uses:** The land is also suitable for childcare, educational facilities, or automotive services. This strategic lot is at the heart of an area undergoing significant transformation, with new residential communities and prominent retail anchors like Publix and Lidl. Located directly across from the popular Lou Walker Senior Citizen Recreational Center, it offers a unique opportunity to cater to the senior demographic. This property is a fantastic opportunity for a visionary developer or investor. The seller has existing plans for a townhome community, which would require rezoning. **Disclaimer:** Buyers are responsible for verifying all information, including potential rezoning and use. Please note that while the property is officially located in the City of Stonecrest and subject to its taxes, there is a current GIS mapping discrepancy where DeKalb County tax records and the USPS may list the address as being in Decatur.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Mixed Use |
| Property Type | Land | Total Lot Size | 1.97 AC |
| Zoning | C1 - Commercial-C1 | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 1.97 AC |
| Zoning | C1 - Commercial-C1 |
1 Lot Available
Lot
| Price | $684,535 CAD | Lot Size | 1.97 AC |
| Price Per AC | $347,479.71 CAD |
| Price | $684,535 CAD |
| Price Per AC | $347,479.71 CAD |
| Lot Size | 1.97 AC |
Irregular L-Shape, level lot, wooded
Property Taxes
| Parcel Number | 16-040-01-008 | Improvements Assessment | $1,202,770 CAD |
| Land Assessment | $219,461 CAD | Total Assessment | $1,422,231 CAD |
Property Taxes
Parcel Number
16-040-01-008
Land Assessment
$219,461 CAD
Improvements Assessment
$1,202,770 CAD
Total Assessment
$1,422,231 CAD
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