Here’s a polished investor-focused property description you can use for MLS, a flyer, or direct outreach to builders and developers: ? Investor’s Special | Subdivision Development Opportunity 5165 Thompson Mill presents a rare 7.31-acre development opportunity ideal for builders and investors seeking their next residential project. This expansive parcel offers the potential to develop approximately 18–20 single-family homes, making it well-suited for a small to mid-size subdivision. Located in an area experiencing continued growth and demand, the property provides ample space for thoughtful site planning, road layout, and modern home designs. With its generous acreage, this tract supports a cohesive community concept while maximizing yield. This is a prime opportunity for a developer looking to capitalize on new construction in an established market. Bring your vision and unlock the potential of this sizable tract. Sold as an investment property. Due diligence required. Excellent opportunity for builders and investors. This 7.31-acre tract offers the potential to develop approximately 18–20 homes (subject to zoning and approvals). Ideal for residential subdivision development in a growing area. Property provides ample acreage for thoughtful site planning and modern home designs. Convenient location with nearby residential communities and access to major roads. Sold as-is. Buyer responsible for all due diligence regarding zoning, utilities, density, and development feasibility.
Single-familyProperty Type
1958Year Built
7.31 acresLot Size
$595Price/Sq.Ft.
2 spacesParking
Listed by Edwina Clanton• East Metro Brokers, LLC.
Stonecrest, located between I-20 and Panola Mountain State Park, is a suburban and commercial Stonecrest neighborhood with big-box retail corridors and wooded greenways. The neighborhood’s energy concentrates around Mall Parkway and Turner Hill Road, where storefront plazas, casual eateries, and service shops line wide boulevards. The Mall at Stonecrest serves as a central gathering spot, while Lithonia Amphitheater brings live performances to nearby evenings. Residential streets feature late-20th-century subdivisions with brick-front homes and cul-de-sacs. Arabia Mountain National Heritage Area adds trailheads, granite outcrops, and seasonal wildflowers to the local landscape. Parks and recreation centers round out a lifestyle shaped by driving routes and outdoor escapes.
Provided by Walk Score and Local Logic
Offer insights
5165 Thompson Mill Rd · $920,000
$909K and above
75% chance or better to win
Why $909K+ is a strong offer
DAYS ON MARKET
254 days
The average home goes pending in 43 days.
SALE-TO-LIST
98.2%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Interior features
One fireplace
No shared/common walls
Basement with bath stubbed
Other interior features
Bedrooms
Three main-level bedrooms
Bedroom features not specified
Bathrooms
Three full bathrooms
Two main-level bathrooms
Master bathroom features not specified
Kitchen
Breakfast room
Separate dining room
Dishwasher
Double oven
Electric range
Gas range
Laundry & utility
Gas water heater
Flooring
Carpet
Laminate
Heating & cooling
Central heating
Central air
Exterior features
Asphalt road access
City street frontage
Lot appears to be a large acreage parcel (legal description indicates ~7.31 acres)
Home design
One-and-a-half story
Resale property
Parking
Two covered carport spaces
Construction
Brick on all four sides
Composition roof
Block and brick/mortar foundation
Utilities
Public water
Public sewer
220-volt electric
Cable available
Electricity available
Natural gas available
Water available
HOA & community
Association fees (if any) include cable TV, electricity, gas, and water
Other
Directions: GPS
County: Dekalb - GA
Electricity and solar
View estimated energy costs and solar savings for this home
Prime development opportunity at 5165 Thompson's Mill Road offering 7.3 acres ready for subdivision, with the potential for approximately 18-21 residential homes (subject to zoning approval). This property is well suited for builders and investors seeking a tract with strong yield potential in a growing area. With ample acreage, road access, and nearby residential development, this site supports efficient layout and thoughtful community design. Convenient to shopping, schools, and major roadways, the location adds to its long-term value. Come view the possibilities and explore the development potential this property has to offer.
GAMLS #8822326
Jul 1, 2021
Listing Removed
—
Jan 28, 2021
Price Changed
$657,000
$425/sq ft
Jul 15, 2020
Listed
$900,000
$583/sq ft
GAMLS #8387461
May 6, 2020
Listing Removed
—
May 5, 2018
Listed
$1,400,000
$906/sq ft
Public Records
May 5, 1997
Sold
$140,000
$91/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$866 (−5.4%)
$44,880 + $80,160
$125,040
2024
$916 (+36.8%)
$44,880 + $80,160
$125,040
2023
$669 (−15.3%)
$44,880 + $71,320
$116,200
2022
$790 (−3.4%)
$19,160 + $54,640
$73,800
2021
$818 (−55.1%)
$19,160 + $40,600
$59,760
2020
$1,823 (+18.8%)
$19,160 + $40,600
$59,760
2019
$1,534 (+15.4%)
$19,160 + $28,160
$47,320
2018
$1,329 (−8.4%)
$19,160 + $21,360
$40,520
2017
$1,451 (+14.3%)
$19,160 + $21,360
$40,520
2016
$1,269 (−0.4%)
$19,160 + $20,120
$39,280
2014
$1,274 (+106.1%)
$19,160 + $11,880
$31,040
2013
$618 (−52.1%)
$19,160 + $20,360
$39,520
2012
$1,291 (−18.7%)
$19,160 + $20,360
$39,520
2011
$1,588 (−9.0%)
$19,160 + $27,784
$46,944
2010
$1,745 (+17.4%)
$19,160 + $37,240
$56,400
2008
$1,486
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
7.31 Acres
Year renovated
1993
Finished Sq. Ft.
1,545
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,545
Year built
1958
Style
Single Family Residential
County
DeKalb County
APN
16 022 01 002
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 22, 2026.
R-100
Residential Medium Lot District
The purpose and intent of the City Council in establishing the R-100 Residential Medium Lot-100 District is as follows: To provide for the protection of neighborhoods within the city where lots have a minimum area of 15,000 sq ft; To provide for compatible infill development in neighborhoods; To provide protections for existing development as new subdivisions are created; To provide flexibility in design on the interior of new development while protecting surrounding development; To ensure that the uses and structures authorized in the R-100 Residential Medium Lot-100 District are those uses and structures designed to serve the housing, recreational, educational, religious, and social needs of the neighborhood; To provide for appropriately sized accessible and useable open space in new developments for health, recreational and social opportunities for city residents and To implement the future development map of the city's comprehensive plan.
Permitted uses
Include but are not limited to:
Livestock production
Housing-Single unit
Public service
Educational/school
Fire house
Police station
Golf related
Local insights from Redfin agents
DeKalb County offers diverse lifestyles, from established communities like Decatur and Avondale Estates to suburban neighborhoods throughout North and East DeKalb. Known for its culture, dining, green spaces, and MARTA access, DeKalb attracts buyers...