Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Sandy Springs Land Near Chastain Title is generated by Realmo AI

    4605 Mystic Drive NE, Sandy Springs, GA 30342

    View on Map
    Claim this Listing
    For Sale
    $1,025,000

    Land - Sandy Springs, GA

    Lot size:
    0.99 Acres
    Added:
    May 20, 2026
    Days on Market:
    12
    Last Refresh:
    May 31 at 9:06 pm

    Property Features for 4605 Mystic Drive NE

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.99 Acres

    Building Details

    Year built
    1955
    Architectural style
    Other

    We can help!

    Listing Contact
    Lindsay Levin
    Lindsay Levin

    Listing agent Lindsay Levin

    Listing office Buckhead Office 3744 Roswell Rd NE, Atlanta, GA

    Listing date May 20, 2026

    MLS# 7773946 Listing URL

    Copyright © 2026 Berkshire Hathaway HomeServices Georgia Properties. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime North Buckhead location, steps from Chastain Park.
    • Nearly one acre flat lot, ready for immediate construction.
    • Sewer available; easily accommodates custom home, pool, and outdoor living.
    • Located in Riverwood High school district.
    • Direct access to Chastain Park amenities: walking paths, golf, tennis, equestrian facilities, and amphitheater.
    • Quick access to Buckhead restaurants, shops, and major highways.

    Overview

    This property presents a rare opportunity to build on a nearly one acre lot in a desirable area of Sandy Springs, Georgia, situated near Chastain Park. Located at 4605 Mystic Drive, the flat homesite is in a prime North Buckhead location. The existing home has been removed, providing a blank slate for new construction, potentially saving time and costs. The lot can accommodate a custom home with space for a pool, outdoor living areas, and a generous yard. Sewer is available. The property is located in the Riverwood High district and is one block from Chastain Park, offering access to walking paths, golf, tennis, equestrian facilities, and an amphitheater. The location also provides convenient access to Buckhead restaurants, shops, and major highways.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center 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
    Sandy Springs
    County
    Cobb
    State
    Georgia
    Longitude
    -84.383084
    Latitude
    33.880149

    Nearby Similar for Sale

    • $725,000
      2,500 SF

      Updated Office Suite in Atlanta

      Turnkey 2,500 SF office suite in prime location.
      5064 Roswell Road #C101, Sandy Springs, GA 30342
      View Details
    • $725,000
      2,500 SF

      Updated Office Suite in Sandy Springs

      Turnkey office suite in prime Central Perimeter location.
      5064 Roswell Road #C101, Sandy Springs, GA 30342
      View Details
    • $1,025,000

      Sandy Springs Land Near Chastain

      Nearly one-acre lot in desirable Sandy Springs location.
      4605 Mystic Drive NE, Sandy Springs, GA 30342
      View Details
    • $3,000,000

      Custom Home Opportunity in Sandy Springs

      Build a custom luxury residence in a desirable Sandy Springs location.
      6340 Aberdeen Drive NE, Sandy Springs, GA 30328
      View Details
    • $750,000

      Spacious Lot in Sandy Springs

      Build your dream home in sought-after Chastain/Sandy Springs area.
      4804 Kitty Hawk Drive, Sandy Springs, GA 30342
      View Details
    • $979,000

      Sprawling Acres in Sandy Springs

      3.52 acres of land in a prime location.
      6500 Powers Ferry Road, Sandy Springs, GA 30328
      View Details
    • $795,000

      Residential Land in Sandy Springs

      Spacious lot in desirable Chastain/Sandy Springs area.
      4804 Kitty Hawk Drive, Sandy Springs, GA 30342
      View Details
    • $3,000,000

      Land in Sandy Springs

      Land available in Sandy Springs, Georgia.
      6340 Aberdeen DR NE, Sandy Springs, GA 30328
      View Details
    • $979,000

      Land Available in Sandy Springs

      Land for sale in Fulton County, Sandy Springs, Georgia.
      6500 Powers Ferry Road, Sandy Springs, GA 30328
      View Details
    • $1,400,000

      Sandy Springs Land for Development

      2.2 acre lot ready for new construction.
      5757 Long Island Drive NW, Sandy Springs, GA 30327
      View Details
    • $274,990
      1,109 SF

      Luxury High Rise Condo Living

      Luxury condo with city views, amenities, and convenient location.
      795 Hammond Drive 813, Sandy Springs, GA 30328
      View Details
    • Contact for pricing

      Specialty Property For Sale

      Specialty property available for purchase in Sandy Springs, Georgia.
      6450 Roswell Road, Sandy Springs, GA 30328
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Nearly one acre lot in desirable Sandy Springs location.
    Where is this residential land & home lot located?
    The property is located at 4605 Mystic Drive NE Sandy Springs, GA.
    What is the asking price?
    The asking price for this property is $1,025,000.
    What are key features of this property?
    This property features: Prime North Buckhead location, steps from Chastain Park.; Nearly one acre flat lot, ready for immediate construction.; Sewer available; easily accommodates custom home, pool, and outdoor living.
    (404) 667-3232
    We can help!
    Listing Contact
    Lindsay Levin
    Lindsay Levin
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4605 Mystic Drive NE, Sandy Springs, GA 30342
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!