Language and Region
Currency

Email*

Please enter a valid email address.

To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Message

931 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

5706 Memorial Dr - 4.75 Acre Redevelopment Site 4.75 Acres of Commercial Land Offered at $2,777,881 CAD in Stone Mountain, GA 30083

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

INVESTMENT HIGHLIGHTS

Currently Entitled for a multitude of land uses incl. multi-family residential. Well positioned for additional Density, Rezoning, & other Incentives.
The business on this Property has been a multi-generational landmark in the community for 79 years. Close to City of Atlanta & International Airport.

440+/- ft Frontage on Major State Route w/ two curb cuts. Property located in Commercial Redevelopment Corridor & State & Federal Opportunity Zones.

EXECUTIVE SUMMARY

Property is located in a Commercial Redevelopment Corridor and well positioned for additional Density, Rezoning, and other Incentives.
HIGHLIGHTS OF CURRENT ENTITLEMENTS/PERMITTED USES:
Multi-family (Apartments), Hotel/Motel, Nursing Facility, Hospital, Medical Office, Bank, Daycare Center, Fitness Center, Private Schools, Recreation Facilities, Special Events Facility, Indoor Concert/Theater Venue, Child Care Institution, Place of Worship, Cemetery/Mausoleum, Funeral Home, Vocational/Specialized Schools, Auto Brokerage, Office, Trade Shops, Catering, and others.
ALLOWABLE USES WITH SPECIAL USE PERMIT:
High-rise Apartment, Extended Stay hotel/Motel, Senior Housing, Cultural Facility, Crematorium, Homeless Shelter, Transitional Housing, and others
RESIDENTIAL REZONING OPPORTUNITIES: Townhomes, Single Family, High Density Apartments
Zoning Types within Commercial Redevelopment Corridor overlay district:
RSM, MR-1, MR-2, MU-1, MU-2, MU-3, NS, C-1, C-2, OI, OD, OIT
**Property is currently has a business operating on-site. Please do not contact business, nor visit property without Listing Agent.
All Information, including Zoning & Uses is deemed accurate, but not warranted. Buyer is solely responsible for determining suitability of property and accuracy of the information provided.

Proposed Residential Development Options PDF

PDF Area Land Use Map

Official Opportunity Zone Map for Dekalb Memorial OTP

PDF Area Zoning Map

PROPERTY FACTS

Price	$2,777,881 CAD	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Retail Office Mixed Use Multifamily Hospitality Apartment Units Apartment Units - Condo Apartment Units - Senior Apartment Units - Subsidized Bank Cemetery or Mausoleum Community Centre Daycare Centre Drugstore Fast Food Funeral Home Garden Centre General Freestanding Healthcare Hold For Development Hold For Investment Hospital Hotel Medical Motel Movie Theater Neighbourhood Centre Office Park Post Office Public Library Rehabilitation Centre Religious Facility Restaurant Schools Self Storage Shelter Skating Rink Storefront Storefront, Retail or Office Storefront, Retail or Residential Strip Centre Supermarket Theater or Concert Hall Veterinarian or Kennel Single Family Residence
No. Lots	1	Total Lot Size	4.75 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	O&I - Entitlements/Permitted Uses: Apartments,Hotel/Motel,Nursing Facility,Hospital,Medical Office,Bank,Daycare Center,Fitness Center, Special Events,more..

Price	$2,777,881 CAD
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Office Mixed Use Multifamily Hospitality Apartment Units Apartment Units - Condo Apartment Units - Senior Apartment Units - Subsidized Bank Cemetery or Mausoleum Community Centre Daycare Centre Drugstore Fast Food Funeral Home Garden Centre General Freestanding Healthcare Hold For Development Hold For Investment Hospital Hotel Medical Motel Movie Theater Neighbourhood Centre Office Park Post Office Public Library Rehabilitation Centre Religious Facility Restaurant Schools Self Storage Shelter Skating Rink Storefront Storefront, Retail or Office Storefront, Retail or Residential Strip Centre Supermarket Theater or Concert Hall Veterinarian or Kennel Single Family Residence
Total Lot Size	4.75 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	O&I - Entitlements/Permitted Uses: Apartments,Hotel/Motel,Nursing Facility,Hospital,Medical Office,Bank,Daycare Center,Fitness Center, Special Events,more..

1 LOT AVAILABLE

Lot 70

Price	$2,777,881 CAD	Lot Size	4.75 AC
Price Per AC	$584,817.03 CAD

Price	$2,777,881 CAD
Price Per AC	$584,817.03 CAD
Lot Size	4.75 AC

4.75 +/- Acre Development Opportunity, O&I Currently Entitled for Multi-Family & Other Commercial Development. 440+ ft Direct Frontage on Memorial Dr w/ 2 Curb Cuts, in Dekalb County, Georgia, just outside of I-285 in State/Federal Opportunity Zone

DESCRIPTION

The retail business on this Property has been a multi-generation landmark in the community for 79 years. With 440+ feet of frontage and two curb cuts on a major State Route, this Property is highly visible and accessible to major highways, Downtown Atlanta and Hartsfield International Airport. The Dekalb County Comprehensive Plan supports and incentivizes redevelopment along the Memorial Drive corridor where the subject property is located.