6320 Atlanta HwyAlpharetta, GA 30004

  • Community centers
  • 1,413 SF

Property Details for 6320 Atlanta Hwy

Year built
2006
Lot size
3.63 AC
Property size (Sq ft)
1,413 SF
Zone code
CBD
Property type
Community centers
APN
019 042
APU
19042

Description

This exceptional 0.89-acre commercial land parcel presents a prime ground lease opportunity in Alpharetta, Georgia. Located at 6320 Atlanta Highway (Highway 9), this single-tenant site boasts over 220 feet of frontage and benefits from a recently completed road widening project. The property enjoys high visibility with over 17,900 vehicles passing daily. Situated conveniently between Kroger and Publix anchored shopping centers, this location offers unparalleled access to a substantial consumer base. All utilities are available, along with shared stormwater detention. The site's strong demographics include a 3-mile radius population exceeding 50,000, an average household income of $170,000, and over 39,000 daytime employees. Furthermore, the proximity to Brandywine Elementary School (1,200+ students, 0.70 miles away) adds to the site's appeal. Forsyth County's projected 17% population growth through 2025 underscores the long-term investment potential of this exceptional property. The property's APN is 019-000-381 and is zoned CBD. This is a rare opportunity to secure a highly visible and strategically located parcel in a thriving Alpharetta market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $364,523
    6.5%
    $336,483
    7%
    $312,448
  • Comparable approach

    Method
    Valuation
    Relative Method
    $694,562
    Geo Method
    $694,562
  • Alternative Use

    Use
    Valuation
    Residential
    $283,836
    Hospitality
    $259,992
    Educational
    $216,310
    Medical
    $223,750
    Retail
    $336,483

Location Insight

City
Alpharetta
County
Forsyth
State
Georgia
Latitude
34.1325
Longitude
-84.2548
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
2024
$25,439
$175,680
$861,720
$1,037,400
-
$439,200
$2,154,300
$2,593,500

FAQs

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