Designated OPPORTUNITY ZONE with the potential for preferential tax treatment.
Developers, here's your opportunity to build Affordable housing, Assisted living, Apartments, Fast Food, or mixed use in the Glenwood Corridor 1/4 mile inside 285 and close to MARTA.
The current widening of the 285 interchange at Glenwood just 2 blocks east of this parcel will create explosive growth in the area.
This corner lot is adjacent to a quiet residential neighborhood.
The Glenwood Road frontage is perfect for Retail/Services with residential access off of Iris Lane.
This area of Decatur has seen considerable residential growth. If you have a fast-food, or gas station/mini mart client this corner lot lends itself to easy access.
Current population +90K in a 3 mile radius, with over $50K household income trending to over $60K, 3:2 owner/renter ratio. Currently over 19,000 drive-bys per day, which is destined to double with the new interchange. 100 and 500 year FEMA Floodplain X.