Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4897 Lou Ivy Road Peachtree Corners, GA 30096

    View on Map
    For Sale
    $999,999

    Contemporary, Land - Peachtree Corners, GA

    Lot size:
    1.85 Acres
    Added:
    Feb 3, 2026
    Days on Market:
    57
    Last Refresh:
    Apr 1 at 2:06 pm

    Property Features for 4897 Lou Ivy Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Bedrooms
    3
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
    Standard status
    Active
    Lot size
    1.85 Acres

    Building Details

    Year built
    1965
    Architectural style
    Contemporary

    We can help!

    Listing Contact
    Anne Carpenter

    Listing agent Anne Carpenter

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

    Listing date Feb 3, 2026

    MLS# 7713549 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.

    Overview

    Peachtree Corners Land Opportunity

    This 1.88-acre level lot is located in Peachtree Corners, Georgia. The property is situated in a sought-after location, with proximity to The Forum, Peachtree Corners Town Center, and The Wesleyan School. The property presents an opportunity to create a family enclave of 4 homes.
    Property Profile Insight Report 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
    Peachtree Corners
    County
    Gwinnett
    State
    Georgia
    Longitude
    -84.1528
    Latitude
    33.9805

    Nearby Similar for Sale

    • $969,000

      Peachtree Corners Quadplex Investment

      Boutique quadplex in Peachtree Corners with long-term tenants.
      3867 Moran Way, Peachtree Corners, GA 30092
      View Details
    • $595,000

      Prime Commercial Lot in Peachtree Corners

      1.12-acre commercial land in Peachtree Corners, zoned C-2.
      Peachtree Industrial Boulevard NW, Peachtree Corners, GA 30092
      View Details
    • $595,000

      Peachtree Corners Commercial Land Opportunity

      1.12-acre commercial lot in Peachtree Corners, zoned C-2.
      Peachtree Industrial Boulevard NW, Peachtree Corners, GA 30092
      View Details
    • $595,000

      Prime Commercial Land Opportunity

      1.12-acre commercial lot in Peachtree Corners, zoned C-2.
      Peachtree Industrial Boulevard NW, Peachtree Corners, GA 30092
      View Details
    • $4,840

      Peachtree Corners Commercial Space Available

      Office and warehouse space for rent in Peachtree Corners.
      7078 Peachtree Industrial Boulevard, Peachtree Corners, GA 30071
      View Details
    • $999,999

      Peachtree Corners Land Opportunity

      1.88 acre level lot near The Forum and Wesleyan School.
      4897 Lou Ivy Road, Peachtree Corners, GA 30096
      View Details
    • $1,975,000

      Prime Land in Peachtree Corners

      Rare opportunity to develop executive home sites in Neely Farm.
      Hawk Run, Peachtree Corners, GA 30092
      View Details
    • $1,975,000

      Prime Land in Neely Farm

      5+/- acre land parcel for executive home development.
      Hawk Run, Peachtree Corners, GA 30092
      View Details
    • Contact for pricing
      31,946 SF

      Freestanding Industrial Building For Sale

      31,946 SF industrial building with office space and dock doors.
      3055 Northwoods Circle Northwest, Peachtree Corners , GA 30071
      View Details
    • Contact for pricing
      31,946 SF

      Freestanding Industrial Building For Sale

      31,946 SF industrial building with office space and dock doors.
      3055 Northwoods Circle Northwest, Peachtree Corners , GA 30071
      View Details
    • $1,650,000
      9,308 SF

      Peachtree Corners Flex Building

      9,308 SF flex building for sale or lease.
      Peachtree Corners, GA 30071
      View Details
    • $250,000
      1 SF

      Peachtree Parkway Office Site

      1.2 +/- acre office site on Peachtree Parkway.
      5585 Peachtree Parkway, Peachtree Corners, GA 30092
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 1.88 acre level lot in Peachtree Corners, Georgia.
    Where is this residential land & home lot located?
    The property is located at 4897 Lou Ivy Road Peachtree Corners, GA.
    What is the asking price?
    The asking price for this property is $999,999.
    What are key features of this property?
    This property features: 1.88 acre level lot; Sought‑after location; Close to The Forum and Peachtree Corners Town Center
    (770) 318-0032
    We can help!
    Listing Contact
    Anne Carpenter
    Real Estate License ID: 241306
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!