12410 Morris Road Ext Alpharetta, GA 30005
This exceptional 1.27-acre mixed-use property at 12410 Morris Road in Alpharetta, Georgia, presents a unique investment opportunity. Built in 1920, the existing building offers potential for renovation into medical, executive, or residential space, or the site could be redeveloped entirely. The property's zoning as CUP (Conditional Use Permit) allows for either residential or commercial use, providing significant flexibility for future development. Its prime location offers unparalleled convenience, situated next to a UPS facility and just two exits away from North Point Mall, ensuring high visibility and accessibility. The property consists of a single building on a substantial 1.27-acre lot, providing ample space for various development scenarios. The asking price is $799,000. This property is ideal for investors seeking a versatile asset in a thriving Alpharetta location with strong potential for significant return. The 30005 zip code ensures easy access to major transportation routes and amenities. This is a rare opportunity to acquire a substantial parcel of land in a high-demand area. The existing structure, while dated, presents a solid foundation for renovation or a complete rebuild, catering to a wide range of development possibilities. Don't miss this chance to capitalize on the potential of this exceptional Alpharetta property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.