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RELIG · For Sale

1093 Panola RD, Stone Mountain Active

3 views · 1 this week

Asking price
$649,000
Price / SF
$298.53
Cap rate
—
Sale type
—
Property type
RELIG
Property subtype
RELIG,EDUC,LAND,OFFIC,RECRE
Building class
—
Building size
2,174 sq ft
Year built
1965
NOI
—
Tenancy
—
Building height
—
Building FAR
—
Lot size
5.25 acres
Zoning
Single Family Residential District - R100 - 15000 Sf
Frontage
—
Listing #
EN-4215
MLS #
10478890

Exceptional opportunity to acquire a versatile church property on a highly visible 5.25-acre corner lot in Stone Mountain. The front building spans 4,348 sqft and has been converted into a functional worship space with plenty of seating. It includes 2 offices, 2 bathrooms, a large entryway, a sunroom, and a basement for additional space to use. A separate 792 sqft parsonage at the back features a 1-bedroom, 1-bathroom apartment, offering on-site living or rental income potential. Zoned R-100 with high visibility from South Stone Mountain Lithonia Rd (25,000 daily traffic count), Panola Rd, and Kind Rd, the property holds significant development potential. Just 4 miles from Stone Mountain Park and 3 miles from downtown Stone Mountain, this is a rare opportunity for a church group seeking their own space or a developer looking to build a new neighborhood.

Location

GAMLS
Listed by UC Premier Properties
© 2021 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. · MLS# 10478890

Local market insights

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DEKALB County snapshot

DeKalb County, located just east of Atlanta, is a large, densely populated county with a population that has been relatively stable to modestly growing in recent years, supported by its proximity to the Atlanta metro job market. It has a socioeconomically diverse population with a wide range of income levels—generally middle-income overall, with more affluent pockets near Emory University and Decatur, and lower-income areas in the southern parts of the county. Economically, the county benefits from a mix of established residential communities, healthcare and education anchors (like Emory and the CDC), and ongoing commercial development, giving it a mature but still evolving business environment. For a small business buyer, this suggests a market with steady, diverse consumer demand rather than explosive growth, where success often depends heavily on the specific neighborhood or submarket within the county.

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