Prime Investment Opportunity – Fixer-Upper with Endless Potential Offered as-is, this property presents a chance to own a piece of valuable real estate with both residential and potential commercial possibilities. Whether you’re an investor seeking a renovation project, a business owner looking for a strategic location, or a visionary ready to transform the space, this is the lot you’ve been waiting for. Situated on .8 acres in a growing location, this property offers excellent visibility and accessibility, making it ideal for future commercial ventures or a custom residential build. The existing main dwelling is in need of significant repairs and may not currently be inhabitable, making it an ideal candidate for a complete renovation or redevelopment. Highlights: • Sold as-is – bring your vision and contractor • .8-acre lot in a rapidly developing area • Potential for residential or commercial use (Currently Zoned R3) • High-visibility location with easy access to main roads • Ample space for expansion or new construction on beautiful flat partial wooded lot. Whether you’re restoring the property to its original charm or creating something entirely new, the possibilities are wide open. Don’t miss your chance to secure this versatile property in a sought-after, fast-growing area!
Active
Price cut: $10K (11/3)
$220,000
1812 Panola Rd, Lithonia, GA 30058
3beds
1,504sqft
Est.:
Single Family Residence, Residential
Built in 1950
0.8 Acres Lot
$-- Zestimate®
$146/sqft
$-- HOA
What's special
High-visibility location
- 147 days |
- 79 |
- 1 |
Zillow last checked: 8 hours ago
Listing updated: October 28, 2025 at 08:27am
Listing Provided by:
Elizabeth Nelson,
Buford Realty
Source: FMLS GA,MLS#: 7632143
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Rooms
- Room types: Kitchen, Living Room, Master Bathroom, Master Bedroom
Primary bedroom
- Features: None
- Level: None
Bedroom
- Features: None
Primary bathroom
- Features: None
Dining room
- Features: None
Kitchen
- Features: Cabinets Other, Eat-in Kitchen, View to Family Room
Heating
- None
Cooling
- None
Appliances
- Included: Dryer, Microwave, Refrigerator, Washer
- Laundry: Main Level
Features
- Other
- Flooring: Carpet
- Windows: None
- Basement: None
- Number of fireplaces: 1
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,504
- Total interior livable area: 1,504 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Carport, Covered, Driveway
- Carport spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Front Porch
- Exterior features: Gas Grill
- Pool features: None
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: Rural, Trees/Woods
- Waterfront features: None
- Body of water: None
Lot
- Size: 0.8 Acres
- Dimensions: 350 x 100
- Features: Back Yard, Front Yard, Level, Private, Wooded
Details
- Additional structures: Outbuilding
- Parcel number: 16 037 08 003
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence, Residential
Materials
- Block, Brick
- Foundation: Block
- Roof: Shingle
Condition
- Fixer
- New construction: No
- Year built: 1950
Utilities & green energy
- Electric: None
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Water Available
Green energy
- Energy efficient items: None
- Energy generation: None
Community & HOA
Community
- Features: None
- Security: None
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Lithonia
Financial & listing details
- Price per square foot: $146/sqft
- Tax assessed value: $159,600
- Annual tax amount: $2,184
- Date on market: 8/3/2025
- Cumulative days on market: 147 days
- Road surface type: Asphalt, Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,570/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/3/2025 | Price change | $210,000-4.5%$140/sqft |
Source:  GAMLS #10583765 Report a problem | ||
| 10/28/2025 | Price change | $220,000-26.4%$146/sqft |
Source:  FMLS GA #7632143 Report a problem | ||
| 8/27/2025 | Price change | $299,000-0.3%$199/sqft |
Source: FMLS GA #7632143 Report a problem | ||
| 8/13/2025 | Listed for sale | $300,000+552.2%$199/sqft |
Source: FMLS GA #7632143 Report a problem | ||
| 8/1/1985 | Sold | $46,000$31/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,184 +61.2% | $63,840 +9.4% |
| 2023 | $1,355 -19.8% | $58,360 +13.3% |
| 2022 | $1,690 +147.3% | $51,520 +131.2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,346/mo
Principal & interest
$1098
Property taxes
$171
Home insurance
$77
Climate risks
Neighborhood: 30058
Nearby schools
GreatSchools rating
- 2/10Panola Way Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 6/10Redan Middle SchoolGrades: 6-8Distance: 0.7 mi
- 3/10Redan High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Panola Way
- Middle: Lithonia
- High: Lithonia
Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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