Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Lakefront Lot for Dream Home Title is generated by Realmo AI

    4202 Giverney Boulevard, Fairburn, GA 30213

    View on Map
    Claim this Listing
    For Sale
    $695,000

    2.7 acre lakefront lot perfect for a dream home.

    Type:Lots/Land
    Lot size:
    2.70 Acres
    Added:
    Mar 24, 2026
    Days on Market:
    69
    Last Refresh:
    Apr 5 at 10:17 pm

    Property Features for 4202 Giverney Boulevard

    General Information

    Standard status
    Active
    Lot size
    2.70 Acres
    Property subtype
    Lots/Land

    We can help!

    Listing Contact
    Shirley Simmons

    Listing agent Shirley Simmons License #162816

    Listing office BHHS Georgia Properties

    Listing date Mar 24, 2026

    Source Exitrealty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of BHHS Georgia Properties

    HighLights

    • 2.7 acre lakefront lot with direct water access
    • Access to two fully stocked lakes, including largemouth bass and channel catfish
    • Recently completed community dock with lighting and seating
    • Lush, tree‑lined lot selected by an Atlanta premier builder
    • Close proximity to major thoroughfares and Atlanta Airport
    • Private and elegant community

    Overview

    This 2.7 acre lakefront lot presents an opportunity to build a waterfront retreat. The site offers options for views and direct water access. The tree-lined lot is suited for embracing the beauty of the private lake. Residents can enjoy two lakes stocked with largemouth bass, channel catfish and grass carp. A recently completed community dock with lighting and seating is available for year-round enjoyment. The community provides privacy and elegance, while remaining accessible to Atlanta. Its location near major thoroughfares and the Atlanta Airport enhances its convenience. Plans are subject to architectural review committee approval, and builder referrals are available. The property is located in South Fulton, GA.
    Property Profile Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness Center Storage Facility Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Fairburn
    County
    Fulton
    State
    Georgia
    Longitude
    -84.6383188
    Latitude
    33.6377745

    Nearby Similar for Sale

    • $600,000
      9,052 SF

      Fairburn Commercial Property with Storage

      Self-storage facility and rentable shop in Fairburn, Georgia.
      220 Bay Street SE, Fairburn, GA 30213
      View Details
    • $540,000
      2,500 SF

      Renovated Commercial Space in Fairburn

      Updated property with potential for various professional uses in Fairburn.
      89 W Campbellton Street, Fairburn, GA 30213
      View Details
    • $2,000,000

      55 Acres in Fairburn, GA

      Acreage with development opportunities, convenient location near major landmarks.
      Spence Road, Fairburn, GA 30213
      View Details
    • $450,000

      Fairburn Corner Lot For Sale

      5.7 acre corner lot zoned for residential and commercial use.
      7875 Bohannon Road, Fairburn, GA 30213
      View Details
    • $750,000
      12,276 SF

      Fairburn Mixed-Use Opportunity

      Mixed-use building in prime Fairburn location with development potential.
      104 W Campbellton Road, Fairburn, GA 30213
      View Details
    • $2,492,400
      17 SF

      South Fulton Commercial Land Available

      17.8-acre commercial land in South Fulton, 20 minutes from Atlanta.
      3385 Jonesboro Road, South Fulton, GA 30213
      View Details
    • $2,000,000

      55 Acres in Fairburn, GA

      Almost 55 acres of land with development opportunities.
      Spence Rd, Fairburn, GA 30213
      View Details
    • $850,000

      Fairburn Land with River Frontage

      36.3 acres with Chattahoochee River frontage in Fairburn, GA.
      Rivertown Road, Fairburn, GA 30213
      View Details
    • $310,000
      1,490 SF

      Renovated Commercial Space in Fairburn

      Upgraded commercial space suitable for various businesses in high-traffic area.
      124 W Campbellton Road, Fairburn, GA 30213
      View Details
    • $129,000

      Fairburn Homesite in Upscale Community

      1.19-acre homesite in The Lakes at Whites Mill.
      7072 Bells Way, Fairburn, GA 30213
      View Details
    • $129,000

      Fairburn Homesite in Upscale Community

      1.19-acre homesite in The Lakes at Whites Mill.
      7072 Bells Way, Fairburn, GA 30213
      View Details
    • $25,000

      Residential Lot Near Atlanta Airport

      0.53 acre residential lot, convenient location, no HOA.
      Lake Esther Drive lot: 3, Fairburn, GA 30213
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - 2.7 acre lakefront lot perfect for a dream home.
    Where is this waterfront land located?
    The property is located at 4202 Giverney Boulevard Fairburn, GA.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: 2.7 acre lakefront lot with direct water access; Access to two fully stocked lakes, including largemouth bass and channel catfish; **Recently completed community dock with lighting and seating**
    (404) 266-8100
    We can help!
    Listing Contact
    Shirley Simmons
    Real Estate License ID: 162816
    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
    4202 Giverney Boulevard, South Fulton, GA 30213
    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!