Property Location

3961 Panola Road, Lithonia GA 30038

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List Price $500,000
Units 1
Price / Unit $500,000
Est. Year 1 Cash Flow $-22,412 after debt service
3961 Panola Road Lithonia, GA 30038
FMLS IDX Data last updated: August 2, 2026 at 9:46 PM EST
ACTIVE
Property Description
26 (+/-) Acres | Zoned R-100 This 26-acre parcel offers immediate development potential in a growing corridor of Stonecrest, GA. The property is currently zoned R-100 (Residential Medium Lot District), allowing up to 3 homes per acre (1 home per 15,000 sq. ft.) with a maximum lot coverage of 35%. Location: 3 miles to I-20 <20 miles to Downtown Atlanta 23 miles to Hartsfield-Jackson Atlanta International Airport Nearby amenities include Browns Mill Park & Aquatic Center (2 miles), Arabia Mountain (6 miles), Stonecrest Mall (8 miles), and Stone Mountain (15 miles). Infrastructure: Utilities available: electric, water, cable, natural gas Sewer access: easement required, connection available via adjacent community at the rear of the property Property Features: Gently sloping topography with wooded cover Historical use as farmland and timber harvest site (mid-1900s) 26 (+/-) contiguous acres suitable for residential development Development Potential- Subdivision opportunity: well-suited for residential subdivision projects given zoning, access, and location Private estate option: acreage and setting also allow for construction of a large private residence with significant land use flexibility Summary: 3961 Panola Road presents a prime opportunity for builders, developers, or investors seeking residential development land in the Stonecrest/Atlanta metro area. The combination of location, zoning, and available utilities makes this property a strong candidate for immediate planning and subdivision.
Investment Notes — Lithonia
  • Located in the Lithonia, 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 $500,000 Verified
Est. Year 1 Cash Flow $-22,412 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: 7798991 · Listing courtesy of Keller Williams Realty Peachtree Rd., MATT BROWN · 404-419-3500

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