Here’s a polished investor-focused property description you can use for MLS, a flyer, or direct outreach to builders and developers: ? Investor’s Special | Subdivision Development Opportunity 5165 Thompson Mill presents a rare 7.31-acre development opportunity ideal for builders and investors seeking their next residential project. This expansive parcel offers the potential to develop approximately 18–20 single-family homes, making it well-suited for a small to mid-size subdivision. Located in an area experiencing continued growth and demand, the property provides ample space for thoughtful site planning, road layout, and modern home designs. With its generous acreage, this tract supports a cohesive community concept while maximizing yield. This is a prime opportunity for a developer looking to capitalize on new construction in an established market. Bring your vision and unlock the potential of this sizable tract. Sold as an investment property. Due diligence required. Excellent opportunity for builders and investors. This 7.31-acre tract offers the potential to develop approximately 18–20 homes (subject to zoning and approvals). Ideal for residential subdivision development in a growing area. Property provides ample acreage for thoughtful site planning and modern home designs. Convenient location with nearby residential communities and access to major roads. Sold as-is. Buyer responsible for all due diligence regarding zoning, utilities, density, and development feasibility.
Active
$920,000
5165 Thompson Mill Rd, Lithonia, GA 30038
3beds
1,545sqft
Single Family Residence, Residential
Built in 1958
7.31 Acres Lot
$893,600 Zestimate®
$595/sqft
$-- HOA
What's special
- 196 days |
- 70 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Edwina Clanton,
East Metro Brokers, LLC. 706-689-3992
Source: FMLS GA,MLS#: 7694856
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 3
Rooms
- Room types: Basement
Primary bedroom
- Features: None
- Level: None
Bedroom
- Features: None
Primary bathroom
- Features: None
Dining room
- Features: Separate Dining Room
Kitchen
- Features: Breakfast Room
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Double Oven, Electric Range, Gas Range, Gas Water Heater
- Laundry: None
Features
- Other
- Flooring: Carpet, Laminate
- Windows: None
- Basement: Bath/Stubbed
- Number of fireplaces: 1
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,545
- Total interior livable area: 1,545 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Carport
- Carport spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: None
- Exterior features: None, No Dock
- Pool features: None
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: City
- Waterfront features: None
- Body of water: None
Lot
- Size: 7.31 Acres
- Features: Sloped
Details
- Additional structures: None
- Parcel number: 16 022 01 002
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence, Residential
Materials
- Brick 4 Sides
- Foundation: Block, Brick/Mortar
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1958
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Water Available
Green energy
- Energy efficient items: None
- Energy generation: None
Community & HOA
Community
- Features: None
- Security: None
- Subdivision: Winslow Crossing
HOA
- Has HOA: No
- Services included: Cable TV, Electricity, Gas, Utilities, Water
Location
- Region: Lithonia
Financial & listing details
- Price per square foot: $595/sqft
- Tax assessed value: $312,600
- Annual tax amount: $5,158
- Date on market: 12/21/2025
- Cumulative days on market: 196 days
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
$893,600
$849,000 - $938,000
$2,282/mo
Price history
| Date | Event | Price |
|---|---|---|
| 12/21/2025 | Listed for sale | $920,000+40%$595/sqft |
Source: | ||
| 7/1/2021 | Listing removed | -- |
Source: | ||
| 1/28/2021 | Price change | $657,000-27%$425/sqft |
Source: | ||
| 7/16/2020 | Listed for sale | $900,000-35.7%$583/sqft |
Source: East Metro Broker, LLC #8822326 Report a problem | ||
| 5/6/2020 | Listing removed | $1,400,000$906/sqft |
Source: East Metro Brokers, LLC. #6007410 Report a problem | ||
| 5/18/2018 | Listed for sale | $1,400,000+930.2%$906/sqft |
Source: East Metro Brokers, LLC #6007410 Report a problem | ||
| 8/29/2000 | Sold | $135,900-2.9%$88/sqft |
Source: Public Record Report a problem | ||
| 5/5/1997 | Sold | $140,000$91/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $866 -5.4% | $125,040 +7.6% |
| 2024 | $916 +36.8% | $116,200 +1.6% |
| 2023 | $669 -15.3% | $114,360 +55% |
| 2022 | $790 -3.4% | $73,800 +23.5% |
| 2021 | $818 -55.1% | $59,760 +5.7% |
| 2020 | $1,823 +18.8% | $56,520 +19.4% |
| 2019 | $1,534 +15.4% | $47,320 +16.8% |
| 2018 | $1,329 -8.4% | $40,520 -6.9% |
| 2017 | $1,451 +14.3% | $43,520 +10.8% |
| 2016 | $1,270 | $39,280 -0.6% |
| 2014 | $1,270 | $39,520 |
| 2013 | -- | $39,520 |
| 2012 | -- | $39,520 -15.8% |
| 2011 | -- | $46,944 -16.8% |
| 2010 | $1,745 | $56,400 |
| 2009 | $1,745 +17.4% | $56,400 |
| 2008 | $1,486 -0.9% | $56,400 |
| 2007 | $1,500 | $56,400 |
| 2006 | $1,500 +4.9% | $56,400 |
| 2005 | $1,430 +6.5% | $56,400 +3.8% |
| 2004 | $1,343 +0.1% | $54,320 |
| 2003 | $1,341 +14.5% | $54,320 |
| 2002 | $1,171 +25.6% | $54,320 |
| 2001 | $933 | $54,320 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
Climate risks
Neighborhood: 30038
Nearby schools
GreatSchools rating
- 3/10Browns Mill Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 2/10Salem Middle SchoolGrades: 6-8Distance: 1.2 mi
- 1/10Martin Luther King- Jr. High SchoolGrades: 9-12Distance: 2.6 mi
Schools provided by the listing agent
- Elementary: Flat Rock
- Middle: Salem
- High: Martin Luther King Jr
Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Georgia
- Dekalb County
- Lithonia
- 30038
- 5165 Thompson Mill Rd






