$1 Auction – 0.70 AC Hard Corner Parcel | 18K VPD
ABSOLUTE $1 AUCTION | 0.70 AC Hard Corner Parcel | 18K VPD | Atlanta MSA | AUCTION AUGUST 3-5
Marketing description
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Marcus & Millichap is pleased to present a ±0.70-acre commercial development site located at 4712 Redan Road (the “Property”) in Stone Mountain, GA 30083. This Property offers an exceptional investment opportunity via development and FIRST BID MEETS RESERVE!
The Property consists of a ±0.70-acre parcel and benefits from frontage along Redan Road with traffic counts of 18,714 vehicles per day and near the signalized intersection with S Hairston Road carrying ±23,185 vehicles per day, providing strong visibility and accessibility. The site offers strong traffic exposure and utility access, making it well suited for retail, medical, service-commercial, or other commercial development. The Property benefits from favorable C-1, Local Commercial District zoning that allows for a wide variety of flexible uses including retail, office, commercial services, car wash, and many more. Due to its strategic location in a growing market, the Property presents developers with a prime development opportunity with the potential for significant upside.
Stone Mountain, Georgia is an established East Metro Atlanta submarket in DeKalb County that offers vacant land investors exposure to dense surrounding population, strong commuter connectivity, and proximity to one of the Southeast’s largest economic centers. Along Redan Road, the property benefits from location on a high-traffic commercial corridor with nearby intersection traffic on S Hairston Road with additional traffic counts of 23,185 vehicles per day, supporting visibility and long-term retail or service-commercial appeal. The area also offers convenient access to Midtown Atlanta, with Stone Mountain roughly 14 miles from Midtown, giving investors a more affordable in-fill alternative within the broader Atlanta metro. The Property's location further benefits from strong demographics with a population of ±95,495 and an average household income of $81,322 within a 3-mile radius and a population of ±255,478 and an average household income of $85,601within a 5-mile radius. Overall, the area offers a practical combination of traffic exposure, suburban rooftops, and access to the broader Atlanta market.
Investment highlights
- ABSOLUTE $1 AUCTION | 0.70 AC Hard Corner Parcel | 18K VPD | Atlanta MSA | AUCTION AUGUST 3-5
- ±0.70-Acre Commercial Land Parcel Located in Stone Mountain, Georgia ±15 Miles from Atlanta
- 18,714 VPD Traffic Counts on Redan Rd at Hard Corner in High Traffic Corridor
- National Retailers Nearby: Kroger, McDonald’s, Walgreens, Zaxby’s, Family Dollar, Bruster’s, Pizza Hut, UPS, Papa Johns, Popeyes, more
- Favorable C-1, Local Commercial Zoning allows an Extensive Variety of Retail, Office, Commercial Services, Car Wash, Supporting a Broad Range of Neighborhood Commercial Development Strategies
- Infill Atlanta MSA Development Opportunity Positioned near Residential Neighborhoods and Existing Commercial Demand Drivers
- Attractive Demographics with ±95,495 People and Annual Household Income of ±$81,322 within 3-Mile Radius
- Absolute $1 Auction – NO RESERVE!
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