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Property profile & analytics
OFF-MARKET
Commercial real estate

4291 Falcon Pkwy Flowery Branch, GA 30542

121 ac lot
Entity Owned 9-yr Hold
Property ID
US22-0299805
Property summary
AI-generated overview

This exceptional 121-acre property presents a remarkable investment opportunity in Flowery Branch, Georgia. Strategically located in Hall County, this land boasts dual zoning: Highway Business (HB) and Planned Residential Development (PRD). The property comprises two parcels. The first, a 25.31-acre parcel zoned HB, offers significant frontage on Hog Mountain Road (800 feet) and Falcon Parkway (600 feet). The second, a larger 95.69-acre parcel zoned PRD, provides 900 feet of frontage on Sasser Road and already has approval for 178 residential units. Public water and sewer services are available, with a forcemain along Falcon Parkway. Multiple access points are possible. The site features rolling topography and is completely wooded. This development will have all utilities underground. The property's location offers easy access to I-985 (just 0.5 miles from the newly constructed Exit 14, completed late 2019), Flowery Branch, Gainesville, and major employment centers in Gwinnett and Metro Atlanta. The area experiences high demand with an undersupply of vacant developed lots (18.3-month supply within a five-mile radius), supported by recent new home closings (957) and starts (1,045) in the past year. The property is situated within the Flowery Branch High School, C.W. Davis Middle School, and Martin Elementary School districts, and is conveniently located near the Falcons Training Facility and a Publix supermarket. There's also potential for assembly with an adjacent 153-acre parcel. Asking price is $6,292,000. The zip code is 30542.

Property profile
Verified
Property type Commercial real estate
Lot 121 ac (5,270,760 SF)
UPID US22-0299805
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Sp Mckibbon Lllp · 9 yrs held
Sp Mckibbon Lllp
since 2017
1 recorded transaction
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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