4038 Rockbridge Rd. presents a compelling commercial redevelopment opportunity for investors seeking a versatile land asset in Stone Mountain. This 1964 SF parcel includes an existing 1946 structure, offering potential value for renovation, adaptive reuse, or full redevelopment. The site is well suited for a land investor looking to maximize utility through repositioning or ground-up planning. With a commercial setting and flexible development potential, this property offers a rare chance to create a customized investment outcome tailored to current market demand and long-term growth objectives.
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
—
May 2, 2014
Relisted
—
Apr 19, 2014
Listing Removed
—
Feb 25, 2014
Listed
$350,000
GAMLS #7225667
Jan 6, 2015
Listing Removed
—
Jun 10, 2014
Relisted
—
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 Jun 22, 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
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...