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    1060 Birmingham Rd Milton, GA 30004

    View on Map
    Sponsored
    For Sale
    $1,500,000

    LAND - Cottage - Milton, GA

    Property size:
    2,500 SF
    Lot size:
    7.30 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 17 at 9:06 pm

    Property Features for 1060 Birmingham Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Vegetation
    Partially Wooded, Grassed, Cleared
    Zoning
    AG1
    Rooms
    Workshop
    APN
    22 422003810165
    Patio and Porch features
    Porch, Deck
    Fencing
    Fenced
    Size
    2,500 SF
    Lot size
    7.30 Acres

    Utilities

    Utilities
    Cable Available
    Water front features
    Pond

    Building Details

    Year built
    1965
    Floors in Building
    2
    Architectural style
    Cottage

    We can help!

    Listing Contact
    Abbe Laboda
    Abbe Laboda

    Atlanta Fine Homes Sotheby's International Realty (404) 237-5000

    Listing agent Abbe Laboda (678) 491-1015

    Listing date Mar 16, 2026

    MLS# 7721989 Listing URL

    Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Milton Farmhouse on Picturesque Land

    Nestled among 7.3 acres of rolling pastures and specimen trees, this 1940s farmhouse offers approximately 2,500 square feet of living space, featuring 3 bedrooms and 2 full baths. The home balances historic charm with updates, including heart of pine floors and a family room with a fireplace and custom built-ins. New casement windows frame views of pastures and a 3,300-gallon koi pond. The kitchen features inset cabinetry, a farmhouse sink, leathered granite countertops, and a 36-inch gas range. A sunroom with a window seat overlooks specimen trees. The downstairs bath includes a vintage clawfoot tub. Upstairs, the owner's suite has a cedar-lined walk-in closet, a marble double vanity, a freestanding clawfoot tub, a glass shower, and a coffee bar. Outdoor features include a timber-frame deck with scissor trusses and a tin roof, overlooking the koi pond and pastures. The property includes a 72' x 40' timber-frame barn with King trusses, a wide center aisle, large and small stalls, tack and feed rooms, a workshop, and a covered area for trailers or equipment. Upstairs, a 600-square-foot loft with a private deck and large casement windows offers possibilities as a guest suite, office, or studio. A spring-fed pond is stocked with bass and bream, and the back three wooded acres provide a natural haven for deer and wildlife. Mature oak and magnolia trees dot the property, along with fruit-bearing fig, almond, and apple trees, plus thornless blackberries. Flowering cottage-style gardens and a fenced area for vegetables or small animals are present. The property is located minutes from Birmingham Crossroads.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Milton
    County
    Fulton
    State
    Georgia
    Longitude
    -84.32838
    Latitude
    34.166822

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    FAQs

    What type of property is this?
    Farm - Charming 1940s farmhouse on 7.3 acres in Milton, GA.
    Where is this farm located?
    The property is located at 1060 Birmingham Rd Milton, GA.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - 7.3+/- acres of rolling pastures with a spring-fed pond stocked with bass and bream; - **Spectacular 72' x 40' timber-frame barn** with stalls, tack/feed rooms, workshop, and a 600-square-foot loft; - Charming 1940s farmhouse with approximately 2,500 sq ft, heart of pine floors, updated kitchen with inset cabinetry and leathered granite countertops
    (678) 491-1015
    Request Owner's contact information
    1060 Birmingham Rd Milton, GA 30004
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    Milton, GA 30004
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1060 Birmingham Rd Milton, GA 30004
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    We can help!
    Listing Contact
    Abbe Laboda
    Abbe Laboda
    (678) 491-1015 (770) 442-7300 (404) 237-5000
    Learn more
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