Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers

    5519 Union Hill Road Alpharetta, GA 30004

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,000,000

    LAND - Alpharetta, GA

    Lot size:
    8.93 Acres
    Added:
    Feb 1, 2026
    Days on Market:
    94
    Last Refresh:
    May 6 at 11:06 pm

    Property Features for 5519 Union Hill Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Cleared, Partially Wooded
    Standard status
    Active
    APN
    02N06 164
    Lot size
    8.93 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    14709

    Utilities

    Utilities
    Cable Available
    Sewer type
    Septic Tank
    Water source
    Public
    Water front features
    Pond
    Water front
    1

    We can help!

    Listing Contact
    Athome Ev Atlanta

    Listing agent Athome Ev Atlanta License #357779

    Listing office Engel & V?lkers Atlanta 2610 Old Milton Pkwy, Suite 110, Atlanta, GA

    Listing date Feb 1, 2026

    MLS# 10682911 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

    • Largest homesite (8.93 +/- acres) in a new development.
    • Alpharetta address with Cherokee County taxes.
    • Option to purchase lot only or proceed with a custom build.
    • Bring your own builder or use the builder already in place.
    • Acreage living close to dining, shopping, and conveniences.
    • Pond on property.

    Overview

    Alpharetta Land Opportunity

    This 8.93 acre homesite is located just off Union Hill Road in Alpharetta, Georgia. Situated within a new and upcoming development, this lot offers the opportunity for a custom build. Buyers can either purchase the lot independently or collaborate with a custom builder already affiliated with the development. The property provides the privacy of acreage living with convenient access to dining, shopping, and daily amenities. It is located in Cherokee County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Dental Office Big Box & Wholesale Store Auto Repair Shop Gym & Fitness Center Pharmacy Department Store Kitchen & Bath Showroom Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Alpharetta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.368439
    Latitude
    34.198259

    Nearby Similar for Sale

    • $525,000
      2,400 SF

      Alpharetta Office Condo For Sale

      2,400 SF office condo with income potential.
      100 Prospect Place, Alpharetta, GA 30005
      View Details
    • $395,000
      1,210 SF

      Alpharetta Office Suite For Sale

      Professionally designed office suite in a thriving Alpharetta business community.
      11795 Northfall Lane, Alpharetta, GA 30009
      View Details
    • $5,900,000
      21,000 SF

      Alpharetta Commercial Building on Corner Lot

      21,000 sq ft building on almost 3 acres.
      5000 Mcginnis Ferry Road, Alpharetta, GA 30005
      View Details
    • $475,000

      Profitable Office Condo in Alpharetta

      Move-in ready office condo in a fantastic Alpharetta location.
      11535 Park Woods Circle, Alpharetta, GA 30005
      View Details
    • $1,249,000
      2,503 SF

      Remodeled Farmhouse on Picturesque Acres

      Remodeled 3-bedroom farmhouse on 3 acres, suitable for equestrian.
      15585 Thompson Road, Alpharetta, GA 30004
      View Details
    • $659,900

      Alpharetta Investment Opportunity

      Turnkey investment property with immediate cash flow and stable tenant.
      1250 Rosewood Drive, Alpharetta, GA 30005
      View Details
    • $527,500

      Versatile Alpharetta Warehouse Condo

      Premium end-unit warehouse condo perfect for work and play.
      5725 Stables Way, Alpharetta, GA 30004
      View Details
    • $7,500,000

      Alpharetta Development Opportunity

      4.72-acre parcel near Avalon shopping district.
      2650 Northwinds Parkway, Alpharetta, GA 30009
      View Details
    • $999,000

      3.57 Acres in Forsyth County

      Land with residential structures in desirable Alpharetta location.
      190 Tidwell Road, Alpharetta, GA 30004
      View Details
    • $660,000

      Alpharetta Land in Quiet Enclave

      2.2-acre lot in Milton, build your custom home.
      16520 Hopewell Road, Alpharetta, GA 30004
      View Details
    • $490,000

      Echelon Golf Community Land

      1.22-acre lot in Echelon Golf Community, Alpharetta, GA
      274 Traditions Drive, Alpharetta, GA 30004
      View Details
    • $490,000

      Echelon Golf Community Land

      1.22-acre lot in Echelon Golf Community, Alpharetta, GA
      274 Traditions Drive, Alpharetta, GA 30004
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 8.93 acre homesite in upcoming Alpharetta development.
    Where is this residential land & home lot located?
    The property is located at 5519 Union Hill Road Alpharetta, GA.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: Largest homesite (8.93 +/- acres) in a new development.; Alpharetta address with Cherokee County taxes.; Option to purchase lot only or proceed with a custom build.
    (404) 845-7724
    We can help!
    Listing Contact
    Athome Ev Atlanta
    Real Estate License ID: 357779
    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

    Thank You for Inquiry
    5519 Union Hill Road, Alpharetta, GA 30004
    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!