Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1521 Highway 74 Fayetteville, GA 30276

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Prime Hwy 74 acreage, development potential.

    Property Features for 1521 Highway 74

    General Information

    Property type
    Land
    Lot Size
    505,732 SF

    We can help!

    Listing Contact
    Christian Swann
    Christian Swann

    Listing Agency: Keller Williams Realty Atlanta Partners Listing Agent: Christian Swann

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

    Learn more

    Overview

    This exceptional 11.61-acre commercial land parcel in Senoia, Georgia, presents a unique investment opportunity. Currently operating as a working farm with pastures, this property offers significant potential for diverse development. Located on Highway 74, it benefits from high traffic volume and convenient access to key locations. The property is situated in the desirable Peachtree City/Senoia area, adjacent to Starr's Mill High School, and within minutes of Trilith Studios, a major film production hub, and The Avenue in Peachtree City. Its strategic location provides easy access to downtown Senoia, Atlanta Hartsfield Airport (approximately 20 minutes away), and Atlanta Regional Airport (approximately 3 minutes away). The asking price is $2,612,250. This property is part of a larger assemblage of four contiguous tracts totaling approximately 42.5 acres, offering the possibility of acquiring additional land. The zoning allows for a variety of uses, including medical/office buildings, industrial development, or a residential housing project. This prime location and flexible zoning make this an ideal investment for developers seeking high-growth potential in a thriving area. The property is zoned for the highly-rated Starr's Mill High School district.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Spa & Massage Center Dental Office Nail Salon Gym & Fitness Center Skin Care Clinic Daycare Center HVAC Service Electrical Service Garden Center Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Fayetteville
    County
    Fayette
    State
    Georgia
    Longitude
    -84.515071
    Latitude
    33.3310039

    Nearby Similar for Sale

    • $799,000
      6,000 SF

      Fully Leased Fayetteville Commercial Property

      Income-producing commercial property in a high-demand Fayetteville corridor.
      125 Georgia Ave, Fayetteville, GA 30214
      View Details
    • New
      $980,000
      2,000 SF

      Restaurant Ready Fayetteville Location

      High-visibility restaurant space with existing infrastructure and equipment available.
      575 Glynn St N, Fayetteville, GA 30214
      View Details
    • $530,000
      5,032 SF

      Fayetteville Commercial Investment Opportunity

      5,082 SF building on 0.65 acres in Fayetteville, GA.
      350 N Jeff Davis Dr, Fayetteville, GA 30214
      View Details
    • $475,000
      2,077 SF

      Historic Home & Commercial Lot

      Historic 1918 home and commercial lot in downtown Fayetteville.
      125 Fisher Ave, Fayetteville, GA 30214
      View Details
    • $229,900
      1,344 SF

      Fayetteville Office Space For Sale

      Well-designed office space in a desirable Fayetteville office park.
      500 Lanier Ave W, Fayetteville, GA 30214
      View Details
    • $299,900
      1,848 SF

      Fayetteville Office Condo For Sale

      Office condo in Fayetteville, suitable for professional services and investment.
      500 W Lanier Ave, Fayetteville, GA 30214
      View Details
    • New
      $4,500,000
      25,000 SF

      Fayetteville Church and Community Center

      Expansive campus with church, parsonage, gym, and outdoor amenities.
      819 Highway 314, Fayetteville, GA 30214
      View Details
    • New
      $625,000
      0.05 Acres

      Fully Leased Fayetteville Quadplex

      All-brick quadplex with strong income and upside potential.
      145 Hunters Ln, Fayetteville, GA 30215
      View Details
    • New
      $625,000
      0.05 Acres

      Fully Leased Fayetteville Quadplex

      All-brick quadplex with strong income and upside potential.
      145 Hunters Ln, Fayetteville, GA 30215
      View Details
    • $249,900
      1,344 SF

      Fayetteville Office Space For Sale

      Functional office space in a desirable Fayetteville office park.
      500 Lanier Ave W, Fayetteville, GA 30214
      View Details
    • $7,500,000
      25.90 Acres

      Fayetteville Land Ideal for Development

      25.9 acres suitable for church, school, or recreational facility.
      1305 Highway 54 E, Fayetteville, GA 30214
      View Details
    • $399,900

      Fayetteville Multifamily Investment Opportunity

      Multifamily property in Fayetteville, GA, ideal for homeowners or investors.
      405 Chase Dr, Fayetteville, GA 30214
      View Details

    FAQs

    What type of property is this?
    Land - Prime Hwy 74 acreage, development potential.
    Where is this land located?
    The property is located at 1521 Highway 74 Fayetteville, GA.
    What is the asking price?
    The asking price for this property is $2,612,250.
    (770) 412-3126 Call to check price and availability
    Request Owner's contact information
    1521 Highway 74 Fayetteville, GA 30276
    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.
    1521 Highway 74
    Fayetteville, GA 30276
    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
    1521 Highway 74 Fayetteville, GA 30276
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Christian Swann
    Christian Swann
    Real Estate License ID: GA 345777
    (770) 412-3126 (770) 632-1112
    Learn more
    Google sign-in failed. Please try again or use another login method.