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    13250 Birmingham Hwy Alpharetta, GA 30004

    For Sale
    $4,449,000

    23 Acres, 4 Homes, Redevelopment Potential

    Property size:
    672 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 23.165-acre property in Alpharetta, Georgia, presents a unique redevelopment opportunity. Located at 13250 Birmingham Hwy, it features four existing structures, including a historically significant farmhouse meticulously restored in 1998, a log cabin, and other outbuildings. The property boasts a spring-fed creek, a well, and beautiful hardwoods on gently rolling terrain. With a permitted AG-1 zoning, the land offers significant potential for various development projects, including residential subdivisions or a family compound. The existing structures could be incorporated into a new development, donated for community benefit, or sold separately. The property's rich history, documented in various publications including Southern Living and Better Homes & Gardens, adds to its unique appeal. The current Net Operating Income (NOI) is $35,709, with four units, 50% occupancy, and leases expiring December 31, 2024. The total net rentable square footage is 4,118 sq ft, with individual unit sizes ranging from 672 to 2,391 sq ft. The property also includes substantial air rights (1,007,760 sq ft). This offering represents a rare chance to acquire a significant land parcel in a desirable Alpharetta location. The seller is open to selling the property with or without the existing structures. Seven lots are available with a minor plat process underway. This is an exceptional opportunity for investors seeking a high-potential redevelopment project in a prime location.

    Property Features for 13250 Birmingham Hwy

    General Information

    Property type
    Farms
    Square Feet
    672 SF
    Class
    A
    Lot Size
    1,009,067 SF

    Building Details

    Year Built/Renovated
    1980/1998
    Buildings
    4
    Stories
    2
    Units
    4

    HighLights

    • $4,449,000 asking price for 23.165 acres of land in Alpharetta, GA.
    • Mixed‑use property with agricultural, ranch, and residential subtypes, suitable for redevelopment.
    • Four buildings totaling 4,118 net rentable square feet, with 50% occupancy and a current NOI of $35,709.
    • Property includes four existing homes (potential for relocation or repurposing), and significant air rights (1,007,760 sq ft).
    • Zoned AG‑1, offering multiple development possibilities, including subdivision into seven lots (minor plat process required).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Alpharetta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.3416544
    Latitude
    34.1037995

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    FAQs

    What type of property is this?
    Farm - 23 Acres, 4 Homes, Redevelopment Potential
    Where is this farm located?
    The property is located at 13250 Birmingham Hwy Alpharetta, GA.
    What is the asking price?
    The asking price for this property is $4,449,000.
    What are key features of this property?
    This property features: $4,449,000 asking price for 23.165 acres of land in Alpharetta, GA.; Mixed-use property with agricultural, ranch, and residential subtypes, suitable for redevelopment.; Four buildings totaling 4,118 net rentable square feet, with 50% occupancy and a current NOI of $35,709.
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    13250 Birmingham Hwy Alpharetta, GA 30004
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    Alpharetta, GA 30004
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    Realmo Value Estimation

    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.

    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.

    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
    13250 Birmingham Hwy Alpharetta, GA 30004
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