±85.43 Acres | Multifamily and Townhome Development Site
4513, 4632, 4674 Snapfinger Woods Dr
Decatur, GA 30035
Highlights
- ±85.43-acre assemblage (may be subdivided)
- Located in DeKalb County, less than 2 miles west of the intersection of I-20 and I-285
- Economic incentives available from being in a Qualified Census Tract (QCT) and Livable Center Initiative (LCI)
- I-20 Corridor Overlay District allows for Mixed-Use Developments, up to 40 Du/Ac, plus 25% bonus density, plans show over 331 townhomes and 1,012 multifamily apartment units are allowed under the current zoning and overlay district
- Adjacent to the Wesley Chapel Transit Oriented District (TOD) and walking distance from a new planned Marta Station at Wesley Chapel
Description
Bull Realty is excited to present an exceptional ±85.43-acre development opportunity, ideal for developers and investors. Located within the Interstate 20 Corridor Overlay, this site offers a range of mixed-use development possibilities. The property can be acquired in its entirety or subdivided to suit the needs of interested buyers.
The gently sloping topography and grade at or above road level enhance the site’s appeal. Water and sewer credits are available, with all other utilities accessible at the road. While the zoning allows for diverse commercial uses, the site is particularly well-suited for townhome and multifamily residential development. Recent studies suggest the potential to develop over 1,343 units, including single-family homes, townhomes, and multi-family apartments. As a Tier II and III property within the Interstate 20 Corridor Overlay District, it supports medium-density mixed-use development with allowances for up to 8 stories in height and 40 dwelling units per acre, plus a 25% density bonus upon meeting specific criteria.
Strategically positioned just off the Wesley Chapel Road Exit on Interstate 20 (±64,795 VPD) and along Snapfinger Road (±15,775 VPD), this site is perfect for Transit-Oriented Development (TOD). It falls within a Qualified Census Tract (QCT) and a Livable Center Initiative (LCI) District, offering significant economic incentives for development. Additionally, the site is adjacent to the Wesley Chapel Road TOD District, where MARTA plans to establish a new station. Located less than 2 miles east of the I-20 and I-285 interchange and within walking distance of the future MARTA station, this property presents a prime opportunity for transit-oriented projects.
This property is located in Decatur, GA.
