Introducing a versatile commercial redevelopment opportunity in Stone Mountain, ideal for developers, industrial operators, and healthcare providers seeking a high-utility asset. Zoned O-I, the parcel offers flexible development potential for ground-up construction, adaptive reuse, or facility repositioning-well-suited for medical office/healthcare, flex-industrial, or multifamily redevelopment (subject to local approvals). Positioned within a stable commercial corridor, the property allows investors and user-operators to execute a custom master plan optimized for density, operational access, aligned with the surrounding demographic demand, and long-term asset value.
Are you ready to build? Just outside the Perimeter from Avondale Estates. 2.5 acres currently zoned for 16 Town Homes. But ... also well-suited for other uses like senior living. Currently bringing in $1600 per month as rental house and converted garage. Owner will consider Joint Venture or Land Contract or Creative Financing.
FMLS #5380741
Jun 5, 2015
Price Changed
$240,000
Jun 1, 2015
Price Changed
$350,000
Jun 1, 2015
Sold
$240,000
May 15, 2015
Contingent
—
Jan 5, 2015
Listed
$350,000
GAMLS #7225769
Jan 6, 2015
Listing Removed
—
Apr 19, 2014
Listing Removed
—
Feb 25, 2014
Listed
$350,000
GAMLS #7225667
Jan 6, 2015
Listing Removed
—
Apr 19, 2014
Listing Removed
—
Feb 25, 2014
Listed
$350,000
GAMLS #7102924
Nov 25, 2013
Listing Removed
—
May 28, 2013
Listed
$350,000
GAMLS #1
Dec 23, 2010
Price Changed
$280,000
Public Records
Sep 1, 2004
Sold
$330,000
Year
Property tax
Land + Additions
Assessment*
2025
$5,704 (−8.0%)
$21,160 + $117,800
$138,960
2024
$6,200 (+20.5%)
$21,160 + $117,800
$138,960
2023
$5,144 (−5.5%)
$21,160 + $108,320
$129,480
2022
$5,443 (+20.0%)
$20,680 + $93,480
$114,160
2021
$4,536 (+33.8%)
$20,680 + $72,800
$93,480
2020
$3,391 (+81.1%)
$20,680 + $72,800
$93,480
2019
$1,873 (−0.2%)
$15,080 + $17,720
$32,800
2018
$1,876 (−0.2%)
$15,080 + $17,720
$32,800
2017
$1,879 (−45.5%)
$15,080 + $17,720
$32,800
2016
$3,445 (+140.7%)
$15,080 + $53,080
$68,160
2014
$1,431
$15,080 + $39,640
$54,720
2013
$1,432
$15,160 + $6,880
$22,040
2012
$1,433 (−19.4%)
$15,160 + $6,880
$22,040
2011
$1,779 (−47.4%)
$15,160 + $15,128
$30,288
2010
$3,384 (+0.8%)
$28,228 + $45,372
$73,600
2008
$3,357
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
2.56 Acres
Year renovated
1993
Finished Sq. Ft.
1,964
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,964
Year built
1946
Style
Single Family Residential
County
DeKalb County
APN
18 043 02 013
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 14, 2026.
OI
Office-Institutional District
The purpose and intent of the board of commissioners in establishing the OI (Office-Institutional) District is as follows: To provide convenient areas within the county for the location of office and institutional uses which are necessary for the residents and business and professional practitioners within the county; To provide accessory commercial and residential uses to reduce auto dependence; To provide locations for the development of cultural, recreational, educational and health service facilities for the county; To promote compatible development, in size and scale, to surrounding development; To promote campus style developments; To promote pedestrian oriented compact design; To implement the future development map of the county's most current comprehensive plan.
Permitted uses
Include but are not limited to:
Bank
Day care facility
Laundromat
Restaurant
Housing-Multiple units
Housing-Senior
Hotel / motel
Mixed use
Office
Medical office
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 104° expected this year, 18 days in 30 years
5/10 Wind Factor
23% chance of strong winds in next 30 years
6/10 Air Factor
8 unhealthy days expected this year, 11 days in 30 years
Provided by First Street
Historical weather
Stone Mountain, GA • 30083
Average low and high temperatures (°F)
50
33
60
41
71
49
78
56
79
62
87
69
91
73
83
68
84
65
72
55
66
47
56
38
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 18% for direct sun exposure in Stone Mountain. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.5 hrs
7.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4038 Rockbridge Rd
$698,034
$52K under list price of $750K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $280K to $447K.