Description
You could build your dream house right here on this rare huge intown lot of 1.6 acres. Owner lives in this house now. Perfect investment opportunity for someone that wants to live in or rent out this house & eventually develop the land OR just hold it & eventually sell this 1.6 acre land tract of potentially (5) five contiguous R-75 lots to a developer for a nice profit. Bring your developers!! Rare intown development opportunity of multiple contiguous units with even more land assemblage possibilities!! This is a wonderful redevelopment opportunity for much higher density, high end, in-town housing. NO REZONING REQUIRED in order to do a "Subdivision Re-plat" for five (5) R-75 lots here. PRICED AT JUST $180k PER LOT !!! Ideally located in unincorporated Deklab County just outside City of Atlanta limits and near East lake & City of Decatur. New Construction houses will sell in the mid 700's - plenty of comps to support this. Great area just north-east of Memorial Drive & Candler Road. See photos for survey, road concept plan, aerial, plat, topo map, zoning map, & R-75 zoning regulations. Possible assemblage opportunities here as well for an even larger development.
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4BEDS
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1.6ACRES
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3BATHS
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01/2 BATHS
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3,192SQFT
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$266$/SQFT
School Information
Description
You could build your dream house right here on this rare huge intown lot of 1.6 acres. Owner lives in this house now. Perfect investment opportunity for someone that wants to live in or rent out this house & eventually develop the land OR just hold it & eventually sell this 1.6 acre land tract of potentially (5) five contiguous R-75 lots to a developer for a nice profit. Bring your developers!! Rare intown development opportunity of multiple contiguous units with even more land assemblage possibilities!! This is a wonderful redevelopment opportunity for much higher density, high end, in-town housing. NO REZONING REQUIRED in order to do a "Subdivision Re-plat" for five (5) R-75 lots here. PRICED AT JUST $180k PER LOT !!! Ideally located in unincorporated Deklab County just outside City of Atlanta limits and near East lake & City of Decatur. New Construction houses will sell in the mid 700's - plenty of comps to support this. Great area just north-east of Memorial Drive & Candler Road. See photos for survey, road concept plan, aerial, plat, topo map, zoning map, & R-75 zoning regulations. Possible assemblage opportunities here as well for an even larger development.
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