10.7 Acres in Alpharetta For Sale

[Giovanni Smith]

2000 Birmingham Rd consists of a 960 SqFt property sitting upon 10.7 acres of land. 

The property is nestled 15-20 minutes away from GA-400, the Avalon on Old Milton, as well as a plethora of other in-town locations. The property is adjacent to the Hampton Manor subdivision, in which the lowest recent property sale was $890K 8/2/18. The properties in Hampton Manor are all sitting on a little over 1 acre of land per home. Another plus is the school district. The new STEM high school is being built DT Alpharetta and set to open Fall 2020. 

Land sales nearby include: 

• 15330 Hopewell Rd, Alpharetta, GA 30004 – 10 acres Sold for $920K on 2/27/18 

• 15260 Thompson Rd, Alpharetta, GA, 30004 – 10.9 Acres Sold for $870K on 2/2/16 

• 13990 Freemanville Rd, Alpharetta, GA, 30004 – 9.2 acres Sold for $1.2 million on 12/27/17 

• 910 Nix Rd, Alpharetta, GA, 30004 – 5.4 acres Sold for $475K on 8/2/18 

• 615 Hickory Flat Rd, Alpharetta, GA, 30004 – 5 acres Sold for $412K on 12/22/17 

• 615 Hickory Flat Rd, Alpharetta, GA, 30004 – 5 acres Sold for $412K on 12/22/17 

• 2095 Birmingham Rd, Alpharetta, GA 30004 - 7.03 acres Sold for $565K on 11/2/18 

• 425 Mcfarland Pkwy, Alpharetta, GA, 30004 – 21.69 acres Sold for $3.79mill on 1/21/18 

The median sales price per acre is around $100K, give or take. 

The asking price for 2000 Birmingham Rd is $840K, or $78.5K/acre. ~$25K per acre on infrastructure and you’re all in about $103K per acre and you just have to build your homes from that point. For the individual who brings a developer, you will be well-compensated at closing. 

If interested contact me via info provided below. Giovanni Smith (404)954-0606/ [email protected]