Listed by Gable Land Co., Ackerman & Co
$1,900,000
4365 Cowan Road - 1.62 Acres
Details
Property Type Retail, Multifamily
Sub Type Commercial
Acreage 1.620
Zoning DT-2
Retail
Marketing description
Located just under a half mile from Downtown Tucker, offering an array of dining, retail and entertainment options. Lawrenceville Highway and Lavista Road are located nearby, offering convenient access to Interstate 285. Approximately 250 feet of frontage on Cowan Road. Excellent topography and regular shape. Property is zoned DT-2 that allows commercial, residential and mixed-use development. Based on the location and size, the property is ideally suited for townhouse development. Located in DeKalb County, where the average price of a new townhouse through 1Q25 was $437,000 and the Tucker High School District where the average price of a new townhouse through 1Q25 was $500,000. The average price of all detached and attached new sales in the last four quarters within a two-mile radius of the site was $911,000. The only new townhouse development within a 1-mile radius is Front Porch Townhouses, where the last unit sold for $508,000.
Investment highlights
- Ackerman & Co. and Gable Land Co. are pleased to present for sale 4365 Cowan Road, 1.62 acres located in Tucker, DeKalb County, GA.
- The Property offers the following attributes:
- Located just under a half mile from Downtown Tucker, offering an array of dining, retail and entertainment options.
- Lawrenceville Highway and Lavista Road are located nearby, offering convenient access to Interstate 285.
- Approximately 250 feet of frontage on Cowan Road.
- Excellent topography and regular shape.
- Property is zoned DT-2 that allows commercial, residential and mixed-use development. Based on the location and size, the property is ideally suited for townhouse development.
- Located in DeKalb County, where the average price of a new townhouse through 1Q25 was $437,000 and the Tucker High School District where the average price of a new townhouse through 1Q25 was $500,000.
- The average price of all detached and attached new sales in the last four quarters within a two-mile radius of the site was $911,000.
- The only new townhouse development within a 1-mile radius is Front Porch Townhouses, where the last unit sold for $508,000.
- Interested parties should submit a letter of intent ("LOI") pursuant to the terms outlined in the Process section of this Offering Memorandum.
- The Property is currently zoned DT-2 (Corridor Zone) in Tucker:
- The intent of the DT-2 district is to encourage mixed-use development along Lawrenceville Highway that creates an aesthetically pleasing and pedestrian-friendly environment. Commercial, residential, and mixed-use developments are desired. Although a mixture of uses is allowed, multi-family and townhouses are preferred.
Listing Contacts
Listed by Gable Land Co., Ackerman & Co
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