Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Land in Flowery Branch Title is generated by Realmo AI

    5637 Flowery Way, Flowery Branch, GA 30542

    View on Map
    Claim this Listing
    For Sale
    $160,000

    LAND - Flowery Branch, GA

    Type:Single Family Residence
    Lot size:
    0.94 Acres
    Added:
    Jan 14, 2025
    Days on Market:
    497
    Last Refresh:
    May 26 at 1:06 am

    Property Features for 5637 Flowery Way

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Zoning
    AR-1
    Vegetation
    Partially Wooded, Brush
    Standard status
    Active
    APN
    08117 002052
    Lot size
    0.94 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    264

    Utilities

    Utilities
    Cable Available

    We can help!

    Listing Contact
    Eddie Davis

    Listing agent Eddie Davis

    Listing office Wynd Realty, LLC 3343 Peachtree Road Ste 145-637, Alpharetta, GA

    Listing date Jan 14, 2025

    MLS# 7509310 Listing URL

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

    HighLights

    • Opportunity to purchase three concurrent lots, with negotiable pricing for a combined purchase.
    • Ideal for residential development.
    • Walking distance to downtown Flowery Branch.
    • Close proximity to Lake Lanier.
    • Convenient access to I‑985, Falcons training camp, and Gainesville.
    • Located on a quiet street with no through traffic.

    Overview

    This 0.94-acre residential land is located on Flowery Way, a quiet street with no through traffic, in Flowery Branch, Georgia. The property is within walking distance of downtown Flowery Branch and offers an opportunity for residential development. It is situated close to Lake Lanier, Interstate 985, the Falcons training facility, and Gainesville. The seller is also offering two concurrent lots at 5641 and 5645 Flowery Way. The price is more negotiable if all three lots are purchased together.
    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 Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Flowery Branch
    County
    Hall
    State
    Georgia
    Longitude
    -83.928409
    Latitude
    34.176237

    Nearby Similar for Sale

    • $350,000

      Flowery Branch Retail Development Site

      Retail development site near school and park in Flowery Branch.
      5501 Radford Road, Flowery Branch, GA 30542
      View Details
    • $699,000

      Prime Commercial Land Opportunity

      8+ acre commercial land near growing retail corridor.
      7207 Spout Springs Road, Flowery Branch, GA 30542
      View Details
    • $984,900
      3,029 SF

      New Construction Home in Flowery Branch

      Luxury living in a master-planned community with resort-style amenities.
      6793 Winding Canyon Road, Flowery Branch, GA 30542
      View Details
    • $699,000

      Prime Commercial Land Opportunity

      8+ acres near retail corridor and medical center.
      7207 Spout Springs Road, Flowery Branch, GA 30542
      View Details
    • $1,200,000
      1,400 SF

      Flowery Branch Office Opportunity

      Office property for sale in Flowery Branch, Georgia.
      5539 Mcever Road, Flowery Branch, GA 30542
      View Details
    • $1,250,000

      Commercial Land Assemblage Opportunity

      4.7 acres suitable for retail, service-commercial, or mixed-use.
      3777 Winder Highway, Flowery Branch, GA 30542
      View Details
    • $674,999
      960 SF

      Prime Commercial Land Opportunity

      2.3 acre commercial property with high visibility and development potential.
      3747 Winder Highway, Flowery Branch, GA 30542
      View Details
    • $165,000

      Commercial Land in Flowery Branch

      0.39-acre commercial lot with high visibility and accessibility.
      4004 Winder Highway, Flowery Branch, GA 30542
      View Details
    • $850,000

      Secluded Land Near Friendship Road

      11.9-acre property with home, stream, and building potential.
      5655 Blackjack Road, Flowery Branch, GA 30542
      View Details
    • $499,000

      Flowery Branch Development Site

      8.63-acre development site in a high-growth area.
      3995 Falcon Parkway, Flowery Branch, GA 30542
      View Details
    • $350,000

      Flowery Branch Wooded Lot

      4.7-acre wooded lot, ideal for building a dream home.
      6350 Blackjack Road, Flowery Branch, GA 30542
      View Details
    • $3,000,000

      Prime Location Land Near I985

      14.82 +/- acres near I985, retail, and Lake Lanier.
      Phil Niekro Boulevard, Flowery Branch, GA 30542
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Three lots available near downtown Flowery Branch and Lake Lanier.
    Where is this residential land & home lot located?
    The property is located at 5637 Flowery Way Flowery Branch, GA.
    What is the asking price?
    The asking price for this property is $160,000.
    What are key features of this property?
    This property features: Opportunity to purchase three concurrent lots, with negotiable pricing for a combined purchase.; Ideal for residential development.; Walking distance to downtown Flowery Branch.
    (404) 933-4017
    We can help!
    Listing Contact
    Eddie Davis
    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
    5637 Flowery Way, Flowery Branch, GA 30542
    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!