Investment Overview
The subject property is a ±2.09-acre land parcel located at 11556 Rainwater Drive in Alpharetta, Georgia, within one of Metro Atlanta’s most desirable and rapidly growing submarkets. The site offers an excellent opportunity for groundup development and is well-positioned within a high-demand area supported by strong population growth and affluent demographics. The site is a former restaurant which provides cost savings as it if fully paved with all utilities, curb cuts, easements, detention and more.
Investment Highlights
- •Prime 2.09-acre land parcel located off Haynes Bridge Road in Alpharetta, within one of Metro Atlanta’s most desirable submarkets.
- •Positioned in a high-growth, affluent market known for strong demographics, corporate presence, and continued residential expansion.
- •Zoned and ideally suited for commercial or mixed-use development offering flexibility for a variety of uses. - allowed uses include retail, hotel, office (3 story zoned) subject to Northwinds Master Plan.
- •Cost savings - the property is a former restaurant site which is fully paved with all utilities, easements, DOT access points, streetlights, detention, etc.
- •Convenient access to major thoroughfares and GA 400, providing strong connectivity throughout the North Atlanta region.
- •Surrounded by dense residential communities, retail centers, and employment hubs, driving long-term demand.
- •Over 200,000 residents within a 5-mile radius with average household incomes exceeding $170,000, projected to surpass $218,000.
- •New 25 acre mixed used development current under construction across the street, bringing more residential units to the area.