Forsyth County Land Sales Report December 2023
Sale Date: December 27, 2023
Address: 410 Peachtree Parkway
Parcel Number: 107 047
Acres: 10.64
Price: $4,319,604
Price Per Acre: $405,977
Price Per Unit/Lot/Foot: N/A
Seller: CTO Realty Growth, Inc - https://www.ctoreit.com
Buyer: CTO Realty Growth, Inc - https://www.ctoreit.com
Suspected Use: This was not a true “sale” but a REIT shifting assets around, I wanted to provide an update as this site was planned for “Passport Springs & Spa” which was set to be the largest spa/hot springs in the United States. This project eventually fell apart, and the same REIT that owns the Collection at Forsyth ended up purchasing the land in September of 2023. While no official plans have been filed, I have been told that CTO plans to expand the Collection with this additional land.
Sale Date: December 11, 2023
Address: Marsett Pawkway
Parcel Number: 237 074
Acres: 9.5
Price: $1,526,218
Price Per Acre: $169,579
Price Per Unit/Lot/Foot: $103,044 per lot
Seller: Marsett Parkway Properties, LLC – Tommy Bagwell
Buyer: Staton, LLC - https://www.statonheatingandair.com
Suspected Use: No plans have been filed, but I assume the property will be used for the owners HVAC company.
Sale Date: December 11, 2023
Address: Atlanta Highway & Shirlee Industrial Way
Parcel Number: 018 210
Acres: 1.80
Price: $1,350,000
Price Per Acre: $750,000
Price Per Unit/Lot/Foot: $47,702
Seller: JKN Ventures, LLC – John Nix Jr.
Buyer: Express Oil Change, LLC
Suspected Use: Repair and Oil Change Garage
Sale Date: December 7, 2023
Address: 5380 Faircroft Dr Alpharetta, GA 30005
Parcel Number: 294 004, 294 002, 281 027, 293 143, 293 142
Acres: 0.5
Price: $280,000
Price Per Acre: $560,000
Price Per Unit/Lot/Foot: $51.85 per Square Foot
Seller: MARTIN QUINN & MARTIN REBECCA
Buyer: DARE2CARE PROPERTIES LLC – Pavan Nanduri
Suspected Use: 2 Story 5,400 SF Medical Office Building
Sale Date: December 4, 2023
Address: 2152 Peachtree Parkway
Parcel Number: 111 037
Acres: 3.35
Price: $1,390,665
Price Per Acre: $415,123
Price Per Unit/Lot/Foot: N/A
Seller: Estate of Benjamin Hulsey
Buyer: 2152 PEACHTREE PKWY LLC - Suman Gurrapu
Suspected Use: No plans submitted
Sale Date: December 3, 2023
Address: 627o Georgia Highway 400
Parcel Number: 250 073
Acres: 1.83
Price: $265,000
Price Per Acre: $144,808
Price Per Unit/Lot/Foot: N/A
Seller: Americans Home Place, LLC - https://www.americashomeplace.com
Buyer: OLDE TOWNE CUTLERY LLC - https://oldetownecutlery.com
Suspected Use: Commercial building – knife store