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3818 Falcon Pky - 3818 Falcon Parkway Flowery Branch 3.86 Acres of Commercial Land Offered at $1,460,000 in Flowery Branch, GA 30542

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INVESTMENT HIGHLIGHTS

  • Great Location With Room to Expand
  • No Better Place To Be
  • Fully Rented With Additional Income Available

EXECUTIVE SUMMARY

6 Single Family Residential Homes. Fully rented with room to build more.Spectacular Property with Ground Lease Options and Strong Cap. Property is recently approved for outside storage.

FINANCIAL SUMMARY (ACTUAL - 2023)

ANNUAL ANNUAL PER AC
Gross Rental Income $94,800 $24,559.59
Other Income - -
Vacancy Loss - -
Effective Gross Income $94,800 $24,559.59
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2023)

Gross Rental Income
Annual $94,800
Annual Per AC $24,559.59
Other Income
Annual -
Annual Per AC -
Vacancy Loss
Annual -
Annual Per AC -
Effective Gross Income
Annual $94,800
Annual Per AC $24,559.59
Net Operating Income
Annual -
Annual Per AC -

PROPERTY FACTS

Price $1,460,000
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Ground Lease (Leased Fee)
  • Lease Option
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Industrial
  • Hospitality
  • Self Storage
Total Lot Size 3.86 AC
Zoning HB - Highway Business. In County not City ...Recently approved for outside storage.

1 LOT AVAILABLE

Lot 26

Price $1,460,000
Price Per AC $378,238.34
Lot Size 3.86 AC

Level Corner Lot Adjacent to New Development . Ground Lease Available . Rentals in place with a 6% cap with expansion potential.All terms negotiable. Interior entrance is available during due diligence. Property is recently approved for storage.

DESCRIPTION

6 Single Family Residential Homes. Fully rented with room to build more.Spectacular Property with Ground Lease Options and Strong Cap. Property is recently approved for outside storage. Level Corner Lot Adjacent to New Development . Ground Lease Available . Rentals in place with a 6% cap with expansion potential.All terms negotiable. Interior entrance is available during due diligence.

  • Listing ID: 31873173

  • Date on Market: 5/21/2024

  • Last Updated:

  • Address: 3818 Falcon Pky, Flowery Branch, GA 30542

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