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    Flowery Branch Townhouse Opportunity Title is generated by Realmo AI

    5361 Melbourne Lane, Flowery Branch, GA 30542

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    Claim this Listing
    For Sale
    $340,000

    MULTI_FAMILY - Flowery Branch, GA

    Added:
    Apr 20, 2026
    Days on Market:
    48
    Last Refresh:
    Jun 6 at 8:06 am

    Property Features for 5361 Melbourne Lane

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking
    2
    Parking features
    Garage, Open
    Fireplace
    1
    Standard status
    Active
    APN
    08099 000229

    Taxes and HOA fees

    Tax Year
    25
    Tax Annual Amount
    3383

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric
    Water source
    Public

    Building Details

    Year built
    2023
    Floors in Building
    2
    Number of units
    62

    We can help!

    Listing Contact
    Geraldine Lee

    Listing agent Geraldine Lee License #281367

    Listing office Property Services of Atlanta 2619 Sandy Plains Road, Marietta, GA

    Listing date Apr 20, 2026

    MLS# 10737366 Listing URL

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

    HighLights

    • Modern, open floor plan with luxury vinyl planking, granite counters, stainless steel appliances, and a large island/breakfast bar.
    • Convenient location near Mall of Georgia, Lake Lanier, and Village Shops at Flowery Branch.
    • Spacious master suite with dual vanities, walk‑in shower, linen closet, and large walk‑in closet.
    • Includes a 2‑car garage with auto‑opener and driveway parking.
    • Low‑maintenance living with landscaping handled by the HOA and newer construction (built in 2023).
    • Features a fireplace, laundry room with W/D hook‑up, and rear patio.

    Overview

    This townhouse features luxury vinyl planking on the main level, beginning with an entry foyer that opens to an open floor plan. The kitchen includes a large island/breakfast bar, granite counters, tile backsplash, white cabinets, stainless steel appliances, disposal, and a walk-in pantry. The open living room has a fireplace and a dining area with access to the rear patio. A half bath and access to the 2-car garage with auto-opener are also located on this level. The upper level features two spare bedrooms, a laundry room with W/D hook-up, and a full hall bath with a tub/shower combination. The spacious master bedroom includes an attached master bath with dual vanities, a walk-in shower with enclosure, a linen closet, and a large walk-in closet. The home is all electric and features recessed lighting. Parking is available on the driveway. Located near the Mall of Georgia and Lake Lanier, residents can enjoy amenities such as camping, swimming, and boating. It is also minutes from the Village Shops at Flowery Branch and various dining options. Landscaping is handled through the HOA. Currently tenant occupied, this property presents a great opportunity for investors. It is being sold with no disclosures. The property is located at 5361 Melbourne Lane, Flowery Branch, GA 30542.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Flowery Branch
    County
    Hall
    State
    Georgia
    Longitude
    -83.924402
    Latitude
    34.198233

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    FAQs

    What type of property is this?
    Single family property - Low-maintenance townhouse near Mall of Georgia and Lake Lanier.
    Where is this single family property located?
    The property is located at 5361 Melbourne Lane Flowery Branch, GA.
    What is the asking price?
    The asking price for this property is $340,000.
    What are key features of this property?
    This property features: Modern, open floor plan with luxury vinyl planking, granite counters, stainless steel appliances, and a large island/breakfast bar.; Convenient location near Mall of Georgia, Lake Lanier, and Village Shops at Flowery Branch.; Spacious master suite with dual vanities, walk‑in shower, linen closet, and large walk‑in closet.
    (770) 426-1150
    We can help!
    Listing Contact
    Geraldine Lee
    Real Estate License ID: 281367
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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.

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