Forsyth County Land Sales Report 1.1.23-6.31.23
Howdy, if we have not met or talked on the phone my name is Luke Crawford and I help maximize property value for Forsyth County landowners with the best data, marketing, and connections to developers.
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Thanks, Luke Crawford
Sale Date: Jan 24, 2023
Address: Market Place Blvd
Parcel Number: C37 003
Acres: 9.22
Price: $750,000
Price Per Acre: $81,344
Seller: Tallant Family
Buyer: SD Reality, LLC
Suspected Use: Investment
Sale Date: Jan 31, 2023
Address: 5135 Hopewell Road
Parcel Number: 234 004
Acres: 21.73
Price: $2,925,000
Price Per Acre: $134,631
Price Per Unit/Lot/Foot: $54,166 per lot
Seller: R and B Dawson Area, LLC
Buyer: Pulte Homes
Suspected Use: Single-Family Housing – 54 residential lots with a density of 2.49 units per acre.
Sale Date: Feb 7, 2023
Address: 1599 JOHNSON RD
Parcel Number: 102 005
Acres: 19
Price: $1,260,000
Price Per Acre: $66,315
Price Per Unit/Lot/Foot: $45,000 per lot
Seller: Ruis Family
Buyer: Surya Realty, LLC - Supriya Dhamancharla
Suspected Use: Single-Family Housing – ZA4034 - 28 residential lots–
Sale Date: March 16, 2023
Address: 4730 Settingdown Road
Parcel Number: 236 029 and
Acres: 36.24
Price: $1,269,105
Price Per Acre: $35,019
Price Per Unit/Lot/Foot: $3.31 per foot
Seller: Michael Emory Martin
Buyer: Pacific Group Inc. (https://pacificgroupinc.com)
Suspected Use: Industrial – ZA4097 - Fully entitled for 383,175 SF Industrial
Sale Date: March 24, 2023
Address: 1457 McFarland Parkway
Parcel Number: 065 020
Acres: 8.57
Price: $2,100,000
Price Per Acre: $254,040
Price Per Unit/Lot/Foot: N/A
Seller: BLUEGRASS VALLEY INFINITE GROUP LLC
Buyer: Dr Jay Darji – The Darji Clinic - www.darjiclinic.com
Suspected Use: Investment – property subdivided into a 2.10 acre parcel and a 6.25 acre parcel before sale.
Sale Date: March 31, 2023
Address: 000 Settingdown Road
Parcel Number: 236 064
Acres: 204.87
Price: $18,027,592
Price Per Acre: $87,995
Price Per Unit/Lot/Foot: $23,201 per lot
Seller: Michael Hull – Former CFO of American Proteins
Buyer: Pacific Group Inc. (https://pacificgroupinc.com)
Suspected Use: Single Family Residential – Zoned (ZA2886) for maximum of 866 units, recent ARC DRI filing (4/7/2023) suggests 777 single-family homes, 579 attached and 198 detached.
Sale Date: March 31, 2023
Address: 7240 Castleberry Road
Parcel Number: 061 004
Acres: 29.72
Price: $4,100,000
Price Per Acre: $137,954
Price Per Unit/Lot/Foot: $ N/A
Seller: Linda Lang and H A Lang LLC
Buyer: Toll Brothers
Suspected Use: Single-family housing – Part of 287 acre development that will include 384 Single-Family detached and 84 attached residential units.
Sale Date: April 21, 2023
Address: 2341 PENDLEY RD
Parcel Number: 131 031
Acres: 5.22
Price: $2,400,000
Price Per Acre: $459,770
Price Per Unit/Lot/Foot: $
Seller: Eastern Glass and Aluminum, Inc
Buyer: Klaudijus Kasinskis
Suspected Use: Investment – Zoned Light Industrial
Sale Date: May 1, 2023
Address: New Boyd Road
Parcel Number: 140 072
Acres: 5.52
Price: $1,250,000
Price Per Acre: $226,449
Price Per Unit/Lot/Foot: $20.83 per foot
Seller: TPA Group (www.tpa-grp.com)
Buyer: Zach Kehayov (www.zembergroup.com)
Suspected Use: Investment – Zoned Light Industrial – Site plan (AZ220006) proposes 60,000 SF.
Sale Date: June 7, 2023
Address: 4755 MATT HWY
Parcel Number: 145 023
Acres: 5.63
Price: $410,000
Price Per Acre: $72,824
Price Per Unit/Lot/Foot: $ N/A
Seller: Paul Stovall
Buyer: DR. BHUVANENDRAM INDRAKRISHNAN
Suspected Use: Investment – Residential rental
Sale Date: June 7, 2023
Address: State Barn Road and Keith Bridge Road
Parcel Number: 192 118
Acres: 138.11
Price: $16,000,000
Price Per Acre: $115,849
Price Per Unit/Lot/Foot: $N/A
Seller: George Steinheimer and Carole S Brand.
Buyer: Vista Clinical, LLC – Northside Hospital
Suspected Use: Investment – Possible hospital expansion? This deal was Under Contract for a few years with Retail Planning Corporation (https://www.retailplanningcorp.com) who made attempts to re-zone as a Mixed-Use Center that included 172 townhomes, 456 apartments, 200 age restricted apartments and approximately 803,600 SF of non-residential uses.
Sale Date: June 22, 2023
Address: 674 Allier Ter, Cumming, GA 30041
Parcel Number: 192 118
Acres: 138.11
Price: $5,369,972
Price Per Acre: $115,849
Price Per Unit/Lot/Foot: $29,653 – 32,217 per lot
Seller: Brookfield Residential
Buyer: Ashton Atlanta – Ashton Woods
Suspected Use: Single Family Development – 175 single-family homes and 85 townhomes. My research would show that this land sale was for phase 2 of the Avignon by Ashton development. It appears phase one closed on 3/29/2023 for $3,006,569.