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4446 Glenwood Rd - Commercial Zoned Land Site | 1.94 Acres

1.94 Acres of Commercial Land Offered at $499,000 in Decatur, GA 30032

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Investment Highlights

Heavy Daytime traffic
Square corner parcel allowing easy ingress/egress

Within .5 miles of major highway exit ramp.

Executive Summary

Designated OPPORTUNITY ZONE with the potential for preferential tax treatment.
Developers, here's your opportunity to build Affordable housing, Assisted living, Apartments, Fast Food, or mixed use in the Glenwood Corridor 1/4 mile inside 285 and close to MARTA.
The current widening of the 285 interchange at Glenwood just 2 blocks east of this parcel will create explosive growth in the area.
This corner lot is adjacent to a quiet residential neighborhood.
The Glenwood Road frontage is perfect for Retail/Services with residential access off of Iris Lane.
This area of Decatur has seen considerable residential growth. If you have a fast-food, or gas station/mini mart client this corner lot lends itself to easy access.
Current population +90K in a 3 mile radius, with over $50K household income trending to over $60K, 3:2 owner/renter ratio. Currently over 19,000 drive-bys per day, which is destined to double with the new interchange. 100 and 500 year FEMA Floodplain X.

Property Facts

Price	$499,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Retail Mixed Use Apartment Units - Condo Apartment Units - Senior Apartment Units - Subsidized Auto Dealership Fast Food Healthcare Hold For Development Hotel Self Storage
Sale Conditions	Redevelopment Project	Total Lot Size	1.94 AC
No. Lots	1	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.
Property Type	Land

Price	$499,000
Sale Type	Investment
Sale Conditions	Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Mixed Use Apartment Units - Condo Apartment Units - Senior Apartment Units - Subsidized Auto Dealership Fast Food Healthcare Hold For Development Hotel Self Storage
Total Lot Size	1.94 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.

1 Lot Available

Lot

Price	$499,000	Lot Size	1.94 AC
Price Per AC	$257,216

Price	$499,000
Price Per AC	$257,216
Lot Size	1.94 AC

+/- 1.9 acres on the corner of Glenwood Road and Iris Lane .3 miles from I285 interchange. Glenwood overpass and exit to I285 is expanding to 6 lanes and Glenwood will be widened inside the perimeter. Appx 290' frontage on both Glenwood and Iris.