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

    13340 New Providence Rd Alpharetta, GA 30004

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

    54 Acres, Income-Producing, Prime Location

    Property Features for 13340 New Providence Rd

    General Information

    Property type
    Agricultural land
    Lot Size
    2,365,744 SF

    We can help!

    Listing Contact
    Charlene Mariani
    Charlene Mariani

    Listing Agent: Charlene Mariani

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

    Learn more

    Overview

    This exceptional 54.31-acre property presents a unique investment opportunity in the prestigious City of Milton, Georgia. Located at 13340 New Providence Rd, Alpharetta, GA 30004, this expansive land parcel boasts over 1000 feet of road frontage. Comprised of two parcels (APN: 22 355009970403, 22 355009970411), the land is zoned A1-Agricultural, allowing for significant development potential. Milton's AG-1 zoning mandates a minimum lot size of one acre, with development incentives available for lots of three acres or more. The property features a rolling, wooded terrain, enhanced by a creek and pond. Currently, a 1968 four-bedroom, 3.5-bathroom ranch home sits on the property, along with an unfinished basement and an income-producing cell tower. Utilities including water, power, telephone, and cable are available
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Hotel & Motel Gym & Fitness Center Skin Care Clinic Kitchen & Bath Showroom Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Alpharetta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.3660752
    Latitude
    34.1054622

    Nearby Similar for Sale

    • New
      $685,000
      0.51 Acres

      Alpharetta Investment Opportunity

      Turnkey investment property with immediate cash flow and stable tenant.
      1250 Rosewood Dr, Alpharetta, GA 30005
      View Details
    • $599,900
      0.27 Acres

      Alpharetta Duplex: Investment Opportunity

      Well-maintained duplex in Alpharetta with tenants in place.
      1331 N Hampton Rd, Alpharetta, GA 30009
      View Details
    • $2,500,000
      7,275 SF

      Alpharetta Commercial Building For Sale

      Well-maintained commercial building in Alpharetta, suitable for medical or office use.
      8480 Holcomb Bridge Rd, Alpharetta, GA 30022
      View Details
    • $339,999
      0.03 Acres

      Townhome Near Avalon and Downtown

      Luxury townhome near Avalon and Downtown Alpharetta with investment potential.
      2914 Webb Bridge Rd, Alpharetta, GA 30009
      View Details
    • $549,000
      0.75 Acres

      Updated Duplex in Alpharetta, GA

      Updated duplex with large yard and storage, fully rented.
      1230 Hanover Pl, Alpharetta, GA 30009
      View Details
    • $399,000
      Pending

      Downtown Alpharetta Office Condo

      Modern 1,134 SF office condo in downtown Alpharetta.
      1100 Powers Pl, Alpharetta, GA 30009
      View Details
    • $339,999
      0.03 Acres

      Townhome Near Avalon and Downtown

      2BR/2.5BA townhome near Avalon and Downtown Alpharetta.
      2914 Webb Bridge Rd, Alpharetta, GA 30009
      View Details
    • $9,500,000
      44,716 SF

      Alpharetta Assisted Living Facility

      Turnkey assisted living facility in a prime Alpharetta location.
      5690 State Bridge Rd, Alpharetta, GA 30022
      View Details
    • $9,500,000
      46,500 SF

      Alpharetta Assisted Living Facility

      Three-story, 59-unit assisted living facility in Alpharetta, Georgia.
      5690 State Bridge Rd, Alpharetta, GA 30022
      View Details
    • $5,950,000
      21,000 SF

      Alpharetta Commercial Building For Sale

      21,000 sq ft building on almost 3 acres corner lot.
      5000 Mcginnis Ferry Rd, Alpharetta, GA 30005
      View Details
    • New
      $5,950,000
      21,000 SF

      Alpharetta Commercial Building on Corner

      21,000 sq ft building on almost 3 acres!
      5000 Mcginnis Ferry Rd, Alpharetta, GA 30005
      View Details
    • New
      $569,000
      0.30 Acres

      Alpharetta Duplex: Investment Opportunity

      Duplex in Alpharetta with long-term tenants and fenced yards.
      1081 Dassow Ct, Alpharetta, GA 30009
      View Details

    FAQs

    What type of property is this?
    Agricultural land - 54 Acres, Income-Producing, Prime Location
    Where is this agricultural land located?
    The property is located at 13340 New Providence Rd Alpharetta, GA.
    What is the asking price?
    The asking price for this property is $5,800,000.
    What are key features of this property?
    This property features: Over 1,000 ft of road frontage on New Providence Rd.; Located in Milton, Fulton County.; Features an income-producing cell tower.
    (770) 718-6126 Call to check price and availability
    Request Owner's contact information
    13340 New Providence Rd Alpharetta, GA 30004
    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.
    13340 New Providence Rd
    Alpharetta, GA 30004
    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
    13340 New Providence Rd Alpharetta, GA 30004
    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 Charlene Mariani
    Charlene Mariani
    Real Estate License ID: 271695
    (770) 718-6126 (770) 495-5050
    Learn more
    Google sign-in failed. Please try again or use another login method.