Forsyth County Land Sales Report October 2023
Sale Date: Closings from September-October 2023
Address: 4431 Atlanta Hwy Alpharetta, GA 30004
Parcel Number: 039 036, 039 035, 039 034, 039 033, 039 032, 039 031, 039 030, 061 029
Acres: 23.02+-
Price: $1,375,183
Price Per Acre: $59,738
Price Per Unit/Lot/Foot: N/A
Seller: Hood Family
Buyer: One Street Residential - (https://onestreetres.com)
Suspected Use: 113 Senior Living Apartments with a 252,693 sqft Commercial/Retail component. OSR, then immediately sold the assembled/entitled site to The Carlyle Group (https://www.carlyle.com) for $3,080,000 ($133,796 per acre)
Sale Date: October 30, 2023
Address: 5364 Bethelview Road
Parcel Number: 082 221
Acres: 3.29
Price: $500,000
Price Per Acre: $151,975
Price Per Unit/Lot/Foot: $
Seller: Cotton State Properties/Jeff Hedden Builders/Bill Evans
Buyer: BETHELVIEW PARK LLC – Jim King - King Consulting and Development Advisers
Suspected Use: Zoned PUD, no current zoning applications or site plans, commercial.
Sale Date: October 27, 2023
Address: South of 2585 Freedom Pkwy Cumming, GA 30041
Parcel Number: 218 046
Acres: 0.69
Price: $360,000
Price Per Acre: $521,739
Price Per Unit/Lot/Foot: N/A
Seller: SESP HOLDINGS 7 LLC – www.sewingmachine.com
Buyer: LOVESHINEFLAIR INC - NILESH N JETHWA
Suspected Use: Zoned CBD, no current zoning applications or site plans, commercial.
Sale Date: October 20, 2023
Address: 7810 McGinnis Ferry Rd Suwanee, GA 30024
Parcel Number: 184 439
Acres: 0.87
Price: $1,060,000
Price Per Acre: $1,218,390
Price Per Unit/Lot/Foot: N/A
Seller: SHAKERAG VENTURE LLC
Buyer: 7804 MCGINNIS FERRY RD LLC - Sagar Panjwani
Suspected Use: Zoned CBD, suspected use is a My Eyelab.
Sale Date: October 16, 2023
Address: 2220 Peachtree PkwyCumming, GA 30041
Parcel Number: 111 508
Acres: 1
Price: $691,000
Price Per Acre: $691,000
Price Per Unit/Lot/Foot: N/A
Seller: 2220 PEACHTREE PARKWAY LLC
Buyer: RMK ELITE INVESTMENTS LLC - Venkata Raman Geddam
Suspected Use: Zoned CBD, interested party filed a Business Location Verification for a pine straw company.
Sale Date: October 6, 2023
Address: 2907 Peachtree Pkwy Cumming, GA 30041
Parcel Number: 138 539
Acres: 0.95
Price: $850,000
Price Per Acre: $894,736
Price Per Unit/Lot/Foot: $125.37 per foot
Seller: TOWN CENTER AT CELEBRATION VILLAGE LLC
Buyer: LEGACY ALLIANCE LLC - Mitul Patel
Suspected Use: 1-story, wood-framed 6,780 square foot dental office
Sale Date: October 23, 2023
Address: 1575 UNION HILL RD ALPHARETTA GA 30004
Parcel Number: 044 004
Acres: 2.22
Price: $1,850,000
Price Per Acre: $833,333
Price Per Unit/Lot/Foot: N/A
Seller: 1575 UNION HILL ROAD LLC
Buyer: THE GATHERING AT SOUTH FORSYTH LLC
Suspected Use: Part of the Gathering development “With a completion date set in 2033, the development will include 2,400 residential units, 500 hotel rooms, and 1.6 M sq. ft of office and retail space. An 18,500-seat arena that could be used to entice a major league hockey team to the metro Atlanta area is also planned.”