Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    6409 Eva Rd Flowery Branch, GA 30542
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6409 Eva Rd Flowery Branch, GA 30542

    View on Map
    • Residential land & home lots
    Off-Market
    Property ID
    US22-0304697
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial Grading Inc / General Contractor / Construction Company

    Property Details for 6409 Eva Rd

    Property type
    Residential land & home lots

    Description

    A Premier Lake Lanier Development Opportunity Presenting an exceptional investment and development opportunity at 6409 Eva Rd in Flowery Branch, GA. This prime property, located in the highly desirable Lake Lanier area, offers a unique chance to develop a luxury residential project. Key Development Highlights: Prime Location for Luxury Development: The property is situated in a prestigious area known for its upscale residences, particularly those along Lake Lanier. This location is ideal for developers looking to capitalize on the high demand for luxury homes in this region. Potential for a High-End Residence: While the existing home is distressed and a candidate for demolition, the land itself provides a perfect canvas for constructing a new, opulent lakefront residence. The opportunity to build a custom-designed luxury home from the ground up is a significant draw for potential buyers. Desirable Lake Lanier Area: Lake Lanier is renowned for its beautiful landscapes and recreational opportunities, making it a sought-after location for high-net-worth individuals seeking a tranquil yet active lifestyle. Investment Potential: The property's location and size offer substantial value appreciation potential, especially when redeveloped with a high-end residential project. This represents a lucrative opportunity for investors and developers alike. Ready for Redevelopment: The current state of the property allows for immediate planning and commencement of construction, ensuring a quick turnaround time from investment to realization. Infrastructure and Access: Existing utilities and road access enhance the development potential of the property, providing essential services for a seamless construction process. A Developer's Dream in Flowery Branch: 6409 Eva Rd is not just a plot of land; it's an opportunity to create something extraordinary in one of Georgia's most coveted areas. With the current structure ready for demolition, developers have a rare chance to design and build a bespoke luxury residence that meets the high standards of the Lake Lanier community. This property offers the perfect blend of location, potential, and profitability for a discerning developer or investor. Disclaimer: All information is deemed reliable but not guaranteed and should be independently verified. Contact the listing agent for more information or to schedule a private showing. View All Lake Lanier Homes For Sale: https://www.goldpeachrealty.com/lake-lanier-homes-for-sale

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Flowery Branch
    County
    Hall
    State
    Georgia
    Longitude
    -83.9429163
    Latitude
    34.2027876

    Comparable in this City

    • $150,000
      0.81 Acres

      Wooded Lot in Gated Community

      Heavily wooded lot perfect for building your dream home.
      5427 Planting Field Ln, Flowery Branch, GA 30542
      View Details
    • $90,000
      1.00 Acre

      Residential Land in Flowery Branch

      One-acre residential land in a swim/tennis community near I-985.
      4864 Grandview Ct, Flowery Branch, GA 30542
      View Details
    • $150,000
      0.85 Acres

      Residential Land in Flowery Branch

      Land near downtown Flowery Branch, suitable for residential development.
      5645 Flowery Way, Flowery Branch, GA 30542
      View Details
    • $200,000
      1.57 Acres

      Residential Land in Gated Community

      1.57 acre wooded lot in gated community.
      5313 Founders Way, Flowery Branch, GA 30542
      View Details
    • $180,000
      1.11 Acres

      Residential Land in Flowery Branch

      Three lots near downtown Flowery Branch, perfect for development.
      5641 Flowery Way, Flowery Branch, GA 30542
      View Details
    • $64,999

      Residential Land in Quiet Cove

      0.33-acre lot perfect for a getaway or forever home.
      6139 White Oak Dr, Flowery Branch, GA 30542
      View Details

    Similar Nearby for Sale

    • $150,000
      0.81 Acres

      Wooded Lot in Gated Community

      Heavily wooded lot perfect for building your dream home.
      5427 Planting Field Ln, Flowery Branch, GA 30542
      View Details
    • $90,000
      1.00 Acre

      Residential Land in Flowery Branch

      One-acre residential land in a swim/tennis community near I-985.
      4864 Grandview Ct, Flowery Branch, GA 30542
      View Details
    • $150,000
      0.85 Acres

      Residential Land in Flowery Branch

      Land near downtown Flowery Branch, suitable for residential development.
      5645 Flowery Way, Flowery Branch, GA 30542
      View Details
    • $200,000
      1.57 Acres

      Residential Land in Gated Community

      1.57 acre wooded lot in gated community.
      5313 Founders Way, Flowery Branch, GA 30542
      View Details
    • $180,000
      1.11 Acres

      Residential Land in Flowery Branch

      Three lots near downtown Flowery Branch, perfect for development.
      5641 Flowery Way, Flowery Branch, GA 30542
      View Details
    • $64,999

      Residential Land in Quiet Cove

      0.33-acre lot perfect for a getaway or forever home.
      6139 White Oak Dr, Flowery Branch, GA 30542
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Flex Space with Office/Warehouse

      Flex space featuring office and warehouse components with drive-in doors.
      4135 Industry Way, Flowery Branch, GA 30542
      View Details
    • Contact for pricing
      94,095 SF

      Lanier Oaks Logistics Center Site

      Land available for sale or lease in Oakwood, Georgia.
      4010 Thurmon Tanner Rd, Flowery Branch, GA 30542
      View Details
    • $12,000 /Mo

      Flowery Branch Commercial Space Available

      Versatile commercial space in high-visibility location with flexible layout.
      5556 Atlanta Hwy, Flowery Branch, GA 30542
      View Details
    • Contact for pricing

      Kohl's Pad Site For Lease

      Outparcel available for ground lease near major retailers.
      5851 Spout Springs Rd, Flowery Branch, GA 30542
      View Details
    • $1,500 /Mo
      2,500 SF

      Flowery Branch Retail Space

      Approximately 2,500 sq ft space suitable for multiple uses.
      5533 Atlanta Hwy, Flowery Branch, GA 30542
      View Details
    • Contact for pricing

      Retail Space Available For Lease

      Retail space for lease at 3446 Winder Highway.
      3446 Winder Hwy, Flowery Branch, GA 30542
      View Details
    Request Owner's contact information
    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.
    6409 Eva Rd
    Flowery Branch, GA 30542
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!