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    The Largest CRE Database in the US with Over 1 Million Listings

    15750 Freemanville Rd Milton, GA 30004

    Sponsored
    For Sale
    $5,800,000

    LAND - Other - Milton, GA

    Type:Single Family Residence
    Lot size:
    17.40 Acres
    Days on Market:
    18
    Last Refresh:
    Jan 30 at 2:06 am

    Property Features for 15750 Freemanville Rd

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Security features
    Security
    Vegetation
    Grassed, Cleared
    Zoning
    AG
    Rooms
    Bonus Room, Family Room, Game Room, Exercise Room
    APN
    22 422003390358
    Patio and Porch features
    Porch
    Fencing
    Fenced
    Lot size
    17.40 Acres

    Utilities

    Utilities
    Cable Available

    Building Details

    Year built
    2005
    Floors in Building
    3
    Architectural style
    Other
    Additional Structures
    Kennel/Dog Run

    We can help!

    Listing Contact
    CYNTHIA W CHANDLEE
    CYNTHIA W CHANDLEE

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

    Listing agent CYNTHIA W CHANDLEE (770) 826-8276

    Listing date Jan 13, 2026

    MLS# 7685948 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

    Equestrian Estate in Milton, Georgia

    This extraordinary equestrian estate encompasses approximately 17 acres in Milton's prestigious horse country. The property features a custom brick and stone residence situated atop a gentle hill, offering views of the surrounding landscape. Designed for both everyday living and entertaining, the main level flows through open gathering spaces and inviting porches. The backyard includes a pool and spa, a pool house, and a clay tennis or pickleball court. The property includes six garage bays. Inside, the home features a main-level primary suite, a study, a billiards room, a private theater, and a fitness center complete with steam room and sauna. A wine cellar, multiple en suite bedrooms, and a private apartment provide comfort for residents and guests. The estate features a five-stall barn with oversized stalls, a fly spray system, hot and cold wash rack, tack room, arena, and seven paddocks. The upper portion of the acreage is devoted to the residence and recreational amenities, while the southern acreage houses the equestrian grounds and presents potential for future development. The property is in two parcels.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Horse & equestrian properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Milton
    County
    Fulton
    State
    Georgia
    Longitude
    -84.32122
    Latitude
    34.166729

    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Horse & equestrian property - 17-acre equestrian estate with premier training amenities and development potential.
    Where is this horse & equestrian property located?
    The property is located at 15750 Freemanville Rd Milton, GA.
    What is the asking price?
    The asking price for this property is $5,800,000.
    What are key features of this property?
    This property features: - Premier equestrian facilities: 5-stall barn, arena, 7 paddocks, wash rack, tack room.; - 17-acre estate in Milton's horse country with development potential.; - Resort-style backyard: pool, spa, pool house, tennis/pickleball court.
    (770) 826-8276
    Request Owner's contact information
    15750 Freemanville 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
    15750 Freemanville Rd Milton, GA 30004
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    We can help!
    Listing Contact
    CYNTHIA W CHANDLEE
    CYNTHIA W CHANDLEE
    Real Estate License ID: 182516
    (770) 826-8276
    Learn more
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