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McGinnis Ferry Rd
Alpharetta, GA 30005
Land For Sale · 22.00 AC

INVESTMENT HIGHLIGHTS

  • One of the largest remaining development-ready tracts of land in Alpharetta, and down the street from Halcyon, a 135-acre mixed-use village.
  • The Property is currently zoned for office uses consisting of three lots and is subdividable with the potential for retail outparcels.
  • Potential senior housing and/or senior living facilities and special events facilities
  • Direct access to GA-400 which has a new $47 MM diamond interchange on McGinnis Ferry Road less than a half-mile from this site.
  • Alpharetta is quickly becoming the Tech Capital of the South, with accolades like the #1 Best Small City to Start a Business.
  • Potential retail sites with mixed use zoning

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Hospitality
  • Apartment Units - Senior
  • Healthcare
  • Master Planned Community
  • Open Space
  • Planned Unit Development
  • Research and Development
  • Storefront, Retail or Residential
  • Supermarket
Total Lot Size 22.00 AC
Cross Streets Union Hill Rd
Zoning Office

DESCRIPTION

Located at the intersection of McGinnis Ferry Road, Union Hill Road, and Ronald Reagan Boulevard, McGinnis Ferry Road @ Union Hill Road (the “Property”) represents one of the largest remaining tracts of land ready for development in Alpharetta. Totaling at 23.61 acres, the Property is a half-mile from GA-400 and the new $47 MM diamond interchange connecting the highway to McGinnis Ferry Road. One-mile away is Halcyon, a new mixed-use village development that spans 135 acres, bringing almost 7,000 residential units, more than 700 hotel rooms, and 6 MM square feet of retail and restaurant space to Alpharetta. The zoning at the Property supports office uses, an industry type that is booming in Alpharetta, quickly making it the Tech Capital of the South. Companies like Microsoft, LexisNexis, McKesson, Verizon Wireless, and many more draw in a daily workforce that is larger than the city’s population. Over 90% of employees working in Alpharetta commute into the city each day. Alpharetta has received several accolades to this point, named the #1 Place to Relocate in the U.S. and the #1 Best Small City to Start a Business. This hot spot for commercial activity is around 26 miles north of Atlanta, easily accessible in the region via GA-400. This desirable location has served to bolster the office market in Alpharetta and North Forsyth/Fulton County Submarket, bringing rent growth for four and five star properties to around 45% above their prerecession peak.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
21-5560-1038-007-6
Land Assessment
$468,440
Improvements Assessment
$0
Total Assessment
$468,440
  • Listing ID: 18139500

  • Date on Market: 1/9/2020

  • Last Updated:

  • Address: McGinnis Ferry Rd, Alpharetta, GA 30005

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