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  • $500,000

    2551 Panola Rd, Decatur, GA 30035

    --beds
    --baths
    1.97Acres
    Unimproved Land
    Built in ----
    1.97 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    **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.
    107 days
    |
    24
    |
    0
    |

    Zillow last checked: 8 hours ago

    Listing updated: September 22, 2025 at 10:06pm

    Listed by:

    Roshonda Dennis 678-310-9881,

    HomeSmart

    Source: GAMLS,MLS#: 10600344MLS Logo

    Facts & features

    Property

    Features
    • Has view: Yes
    • View description: City
    Lot
    • Size: 1.97 Acres
    • Features: Level, City Lot
    • Residential vegetation: Wooded
    Details
    • Parcel number: 16 040 01 039

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: None

    Community & HOA

    Community
    • Features: Near Public Transport, Near Shopping, Sidewalks, Street Lights
    • Subdivision: None
    HOA
    • Has HOA: No
    Location
    • Region: Decatur

    Financial & listing details

    • Tax assessed value: $362,700
    • Annual tax amount: $5,273
    • Date on market: 9/9/2025
    • Cumulative days on market: 107 days
    • Listing agreement: Exclusive Right To Sell

    Estimated market value

    Not available

    Estimated sales range

    Not available

    $1,359/mo

    Price history

    Price history
    DateEventPrice
    9/9/2025Price change$500,000-9.1%
    Source: GAMLS #10600344 Report a problem
    5/15/2025Price change$549,900-5.2%
    Source: GAMLS #10373835 Report a problem
    9/9/2024Price change$579,900-3.3%
    Source: GAMLS #10373835 Report a problem
    9/16/2023Price change$599,900+7.1%
    Source: HomeSmart #7275934 Report a problem
    9/15/2023Price change$559,900-6.7%
    Source: GAMLS #20146886 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$6,441 -12.1%$145,080 -12.5%
    2023$7,330 +39%$165,800 +38.2%
    2022$5,274 -1.5%$120,000

    Find assessor info on the county website

    BuyAbility℠ payment

    Estimated monthly payment
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
    See how much you could borrow to make a competitive offer.

    Boost your down payment with 6% savings match

    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: 30035

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Flat Rock
    • Middle: Miller Grove
    • High: Miller Grove

    Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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