Atlanta Highway - 44.1 Acres

Highlights

• About 7 miles to the south is Avalon, a mixed-use development with residential living, a movie theater, restaurants, entertainment, retail, a hotel and more.
• An easement may need to be obtained to get to the sanitary sewer manhole.
• Approximately 7 miles from Lake Lanier, a 38,000 square foot lake, offering boating, fishing, camping, hiking and many more outdoor activities.
• Atlanta Highway is served by an excellent school system with Denmark High being the 29th best High School out of 446 high schools in Georgia.
• Atlanta Hwy offers the following attributes:
• Directly to the east of the property, there is a development currently underway. There will be Senior Independent Living with 113 multi-family residential units with a density of 4.98 units per acre and commercial buildings totaling 29,900 sq. ft. with 112 parking spaces.
• Halcyon, a mixed-use development in Forsyth County consisting of ample retail, single-family homes, townhouses, Cinebistro, a food hall, other restaurants, and a Mercedez-Benz experience, is located about 3 miles to the south of the property.
• Located in Forsyth County, one of the most desired and bestselling counties for new closings in 2023 in all of metro Atlanta.
• Located less than 3 miles from GA 400, offering access to Downtown Atlanta and up to Lake Lanier and other areas north on GA 400.
• Nearby is the Big Creek Greenway which is primarily a 12-foot wide concrete path that meanders through the deciduous woods along Big Creek. The greenway offers an ideal setting for walking, jogging, inline roller blading, and biking.
• Sewer is located in the southwest corner of the property and should gravity flow to the manhole on the adjacent site.
• The average price of all new detached homes in Forsyth County was $712,000 in 2023.
• The Denmark High School district had an average new detached home sale price of $1,097,000 in 2023.
• There is only a 22.6 months supply of Vacant Developed Lots (“VDLs”) in Forsyth County.

Location

Located at 4505 Atlanta Highway, Alpharetta, GA 30004, this property is part of the Olde Union Preserve neighborhood and Atlanta market.