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    Property profile & analytics

    1000 Lexington Farms Dr Alpharetta, GA 30004-5324

    • Commercial land
    • 8.94 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 01, 2023
    $4,400,000
    Location Intelligence
    Property ID
    US22-2073273
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Cortland Lex / Apartment Building / Apartment Rental Agency

    Property Details for 1000 Lexington Farms Dr

    Lot size
    8.94 lot acres
    Zone code
    C2
    Property type
    Commercial land
    APN
    22 466012490253
    APU
    22466012490253

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Alpharetta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.3112
    Latitude
    34.0778
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $14,678
    $520,000
    $0.00
    $520,000
    -
    $1,300,000
    $0.00
    $1,300,000

    Comparable in this City

    • Value Estimation by Request
      1.88 Acres

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      VACANT COMMERCIAL LAND • 1.88 Acres
      State Hwy Nine, Alpharetta, GA 30004
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    • Value Estimation by Request
      0.83 Acres

      Morris Rd

      VACANT COMMERCIAL LAND • 0.83 Acres
      Morris Rd, Alpharetta, GA 30004
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    • Value Estimation by Request
      20.73 Acres

      13560 Morris Rd

      VACANT COMMERCIAL LAND • 20.73 Acres
      13560 Morris Rd, Milton, GA 30004-8508
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    • Value Estimation by Request
      0.30 Acres

      2865 Webb Rd

      VACANT COMMERCIAL LAND • 0.30 Acres
      2865 Webb Rd, Milton, GA 30004-3623
      View Details
    • Value Estimation by Request
      18.03 Acres

      Mcginnis Fry Rd

      VACANT COMMERCIAL LAND • 1,980 SF
      Mcginnis Fry Rd, Alpharetta, GA 30004
      View Details
    • Value Estimation by Request
      0.84 Acres

      365 Weatherstone Pl

      VACANT COMMERCIAL LAND • 0.84 Acres
      365 Weatherstone Pl, Alpharetta, GA 30004-5705
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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    • Contact for pricing
      17,000 SF

      Alpharetta Retail Space Available

      1,450 SF Retail Space in Milton
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    • $13 SF/Yr
      10,000 SF

      Alpharetta Flex/Industrial/Office Space Available

      Modern, customizable office spaces with ample parking and easy access.
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      View Details
    • $25 SF/Yr
      18,135 SF

      Alpharetta Car Condo Unit A02

      Luxury Car Storage, For Sale/Lease
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      View Details
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    Alpharetta, GA 30004-5324
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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
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