• 4059 Rainbow Drive Decatur, GA 30034

  • $275,000
  • 0
    Sq Ft
  • 2
    Acres

Undeveloped land lot. Capitalize on the high demand for affordable housing or customize your build from ground up to your exact specifications- as long as you keep within local zoning laws! Beautiful lot with several potential uses. Act now to transform this lot into a lucrative asset! Located within 20 minutes from Downtown Atlanta and Atlanta Hartsfield Airport. Less than one mile from schools, libraries, public transportation, highways, shopping and dining. The lot is currently zoned residential property but with a simple zone change to RSM this lot would be ideal for subdividing into separate lots. Lot is being sold "As Is". No survey is available. The seller is also selling the adjacent property 4071 Rainbow Dr. (MLS#10290843) that can be purchase as a combination. These are two lots with separate addresses. Buyer should not rely on the Realtor's representation about zoning & should verify- investigate the applicable zoning details independently.

Property Type :

Land

County :

DeKalb

Style :

Land

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Property Details

 

Water/Sewer

Water Source: Public

Water BodyName: NONE

Sewer: Public Sewer

Utilities

None

Lot Information

Lot Size (Acr): 2

Lot Size Source: Public Records

Lot Features: Level

Property Information

Property Type: Land

Property Sub Type: Unimproved Land

Subdivision: none

City: Decatur

State: GA

Directions: From Atlanta-I-20E to Exit 68. Right onto Wesley Chapel Rd. Right onto Rainbow Dr. Pass the 1st red light (Kelly Chapel Rd). Lot is on the left...

Property Status: Active

Listing Price Information

Original List Price: $275,000

Tax Information

Annual Tax: $867

Tax Year: 2023

Homeowners Association Information

Association: No

Annual Association Fee: 0

Calculated Total Monthly Association Fees: 0

Community Features: None

School Information

Elementary School: Rainbow

High School: Southwest Dekalb

High School Bus: No

Middle School: Columbia

Middle School Bus: Yes

Source Neighborhood: none

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4750 Flat Shoals Parkwa.., Decatur, GA,30034 $750,000 -- -- -- 1.5 Acres
2428 Mills, Decatur, GA,30034 $499,000 4 3 2,337 0.14 Acre
2448 Mills Bend, Decatur, GA,30034 $499,000 4 3 2,337 0.15 Acre
2463 Whites, Decatur, GA,30034 $525,000 3 3 2,920 0.25 Acre
2651 Mills Bend, Decatur, GA,30034 $550,000 5 4 2,688 0.15 Acre
2663 Mills, Decatur, GA,30034 $549,000 3 2 2,412 0.17 Acre
3157 E Chapel Circle, Decatur, GA,30034 $344,990 4 2 2,725 0.4 Acre
3437 Flat Shoals Road, Decatur, GA,30034 $550,000 -- -- -- 2.8 Acres
3284 Harvester Woods, Decatur, GA,30034 $34,500 -- -- -- 0.3 Acre
Welhaun Road, Decatur, GA,30034 $119,900 -- -- -- 5.5 Acres
MLS Logo

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Byowner are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2024 Georgia MLS. All rights reserved.

ByOwner last updated this listing 05/18/2024 @ 02:31

MLS: 10290756
LISTED BY: Natasha Atkinson , MTBR26
SOURCE: Georgia MLS
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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