Property Location

3648 Panthersville Road, Decatur GA 30034

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List Price $600,000
Units 1
Price / Unit $600,000
Est. Year 1 Cash Flow $-28,400 after debt service
3648 Panthersville Road Decatur, GA 30034
FMLS IDX Data last updated: August 2, 2026 at 9:46 PM EST
ACTIVE
Property Description
This prime 2.87-acre commercial land parcel offers a fantastic opportunity for developers and investors. Zoned Local Commercial (C-1), this property features 422 feet of road frontage with primary utilities available at the site, making it a highly attractive location for a variety of approved commercial uses, including office, retail, recreation, and residential development. Combined with adjacent parcels, this land presents a remarkable opportunity for creating a walkable, community-focused development that will contribute to the cultural fabric of Southeast DeKalb. Whether envisioning a mixed-use retail center, an office building, or a residential community, this property is ideal for those looking to serve the local area with amenities that enhance both convenience and lifestyle. Developers are invited to explore the high potential of this site and create a project that supports the growth of the surrounding community. The parcel is situated within the Soapstone Historic District of unincorporated DeKalb County. It's location provides flexibility for development, with easy access to major transportation routes and key community hubs. The lands sloped topography, allowing for creative and efficient site design. It is strategically positioned near local schools, including being a short distance from Georgia State University Perimeter College, attracting a steady stream of students, faculty, and staff. The property is also adjacent to a MARTA transit stop, offering convenient public transit options, and is just a short drive from interstate highways, enhancing accessibility and visibility. Developers are invited to explore the high potential of this site and create a project that benefits the local economy, enhances the surrounding community and meets the area's growing demand for convenient, pedestrian-friendly spaces. Don't miss the chance to bring your vision to life at this highly accessible and well-positioned location. Use extreme caution when accessing the the property or walking the undeveloped land.
Investment Notes — Decatur
  • Located in the Decatur, GA area
  • Value-add opportunities typically exist through management, renovations, or operational improvements
  • Rental demand and achievable rents vary significantly by submarket — local market verification is recommended
  • Actual cash flow depends on occupancy, expenses, financing, and current market conditions
Professional Investment Analysis

Modeled from FMLS data + Atlanta metro baselines where listing data is incomplete

Price per Unit $600,000 Verified
Est. Year 1 Cash Flow $-28,400 after debt service (25% down / 7% / 30-yr) Modeled
Confidence scores included Latest FMLS data Transparent modeling
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Jeff’s Investment Take

Insufficient data for a modeled recommendation. Contact for the rent roll and actuals.

Important Investment Disclaimer
Important Investment Information

Actual MLS Cap Rate is used when present. Gross Income uses rent roll or MLS Gross Income when available, otherwise modeled. Operating expenses use an all-in ratio by property size. Cash-on-cash assumes 25% down, 7% interest, 30-year amortization. All figures are for screening only — verify with current rent roll and expenses.

Some figures shown on this page are estimated because complete rent-roll or operating data was not provided in the listing. Estimated values are clearly marked.

Any estimated or modeled figures represent the independent analysis of Jeff Crowe / Century 21 The Avenues and are not supplied by FMLS or the listing broker.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.

MLS ID: 7508324 · Listing courtesy of Berkshire Hathaway HomeServices Georgia Properties, Willie Smith · 770-421-8600

IDX Information Provided by Jeff Crowe · jeffcrowe@c21theavenues.com
FMLS · Updated Daily