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Development Site in Opportunity Zone

5870 Memorial Drive
Stone Mountain, GA 30083
PRICE : $4,000,000
PRICE PER ACRE: $500,000
PROPERTY TYPE: Land
SITE SIZE: 8.00 Acres

Highlights

  • Large, divisible development site along dense retail corridor available for sale or groundlease
  • Located between I-285 and Stone Mountain in an opportunity zone
  • Between 2 and 8 acres available with access to signalized intersection at Tires Plus/View Lounge and ingress/egress directly onto parcel from Memorial Drive
  • Fantastic visibility and pylon signage available
  • Strong traffic counts of 38,000 vehicles per day on Memorial Drive and 24,630 on North Hairston Road
  • Zoned DeKalb County C-2 allowing for Grocers, QSRs/Restaurants, Gas Stations and many other uses
  • Full list of permitted uses found here: http://ow.ly/tpXx30oiCY1

Description

This property is located in a prime commercial corridor near Stone Mountain Park, Georgia's most visited tourist destination. The site is divisible from 2 to 8 acres and is located in a prime Opportunity Zone. The property benefits from high traffic counts and flexible zoning for development.

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