$2,900,000
$200K PRICE DROP

254 N Main St Alpharetta, GA 30009

Estimated payment $16,634/month

Total Views 1,702
0.57 Acre
$5,087,719 Price per Acre
24,829 Sq Ft Lot

Highlights

  • City View
  • Partially Wooded Lot
  • No HOA
  • Alpharetta Elementary School Rated A

About This Lot

ATTENTION INVESTORS: FIVE UNIQUE EXIT STRATEGIES FOR 254 AND 264 MAIN STREET: CLUSTER/TOWNHOMES, DT-MU W/ COMMERCIAL, SF DETACHED, STACKED CONDOS OR TOWNHOMES. SEE ATTACHED PROPOSED SKETCH PLANS. Prime Downtown Alpharetta Redevelopment Opportunity. Unlock the potential of a remarkable commercial property located at 254 North Main Street, just blocks north of Downtown Alpharetta. Situated on 0.568 acres, this property is within the heart of the city's Downtown Master Plan, and is designated as "mixed use - live work," offering unmatched opportunity for visionary developers and investors. This prime location is ideal for high-density residential projects, including condominiums, townhomes, or single-family homes. Whether you are looking to capitalize on the growing demand for upscale housing in this vibrant area or seeking to be part of Alpharetta's ongoing transformation, this property is a perfect canvas for your next development project. To maximize the development potential, this property is ideally sold in conjunction with the neighboring property at 254 North Main St., offering a combined total of 1.1 acres and enhanced opportunities for larger-scale residential development. Located in one of the most sought-after regions in North Fulton, this property boasts proximity to top-rated schools, parks, shopping, dining, and all the amenities that make Alpharetta a premier destination. With easy access to major highways and just minutes from downtown Alpharetta, this location is poised for exceptional growth. Don't miss your chance to be part of Alpharetta's bright future. Contact us today to learn more about this incredible redevelopment opportunity!

Listing Agent

Trish Hauser

Coldwell Banker Realty License #366134 Listed on: 03/31/2025

Coldwell Banker Realty

Co-Listing Agent

Michael Barsky

Coldwell Banker Realty License #204398

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,179

Year Built

  • 1963

Lot Details

  • 0.57 Acre Lot
  • Property fronts an easement
  • Partially Wooded Lot

Property Views

  • City Views

Schools

  • Manning Oaks Elementary School
  • Hopewell Middle School
  • Alpharetta High School

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1197

Property Details

Property Type

Land

Est. Annual Taxes

$5,179

Year Built

1963

Lot Details

0

Listing Details

  • Property Type: Land
  • District: 2ND
  • Section: 2ND
  • Co List Office: CBRB09
  • Lot Size Acres: .57
  • Other Sturctures: None
  • Property Sub-Type: Residential Lot
  • Road Frontage Type: City Street, Easement
  • Land Use Restrictions: Yes
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1963

Interior Features

  • Possible Use: Office/Institutional

Exterior Features

  • Lot Features: Other
  • View: City

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Schools

  • Elementary School: Manning Oaks
  • High School: Alpharetta
  • Middle School: Hopewell
  • Elementary School: Manning Oaks
  • Middle School: Hopewell
  • High School: Alpharetta

Lot Info

  • Land Lot: 1197
  • CurrentUse: Other

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5179

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $5,597 $198,280 $125,480 $72,800
2022 $5,217 $198,280 $125,480 $72,800
2021 $6,519 $198,280 $125,480 $72,800
2020 $6,651 $198,280 $125,480 $72,800
2019 $1,143 $198,720 $125,480 $73,240
2018 $5,706 $202,160 $128,920 $73,240
2017 $5,898 $202,160 $128,920 $73,240
2016 $4,003 $137,170 $87,490 $49,680
2015 $4,808 $137,170 $87,490 $49,680
2014 $4,205 $137,170 $87,490 $49,680
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2025 05/05/25 Price Changed $2,900,000 -6.5% --
03/31/2025 03/31/25 For Sale $3,100,000 -- --
Source: Georgia MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $610,000 --
Warranty Deed $343,000 --
Deed $355,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 New Conventional
Closed $150,000 Unknown
Closed $488,000 Unknown
Previous Owner $290,000 New Conventional
Previous Owner $291,550 New Conventional
Previous Owner $258,490 Stand Alone Second
Source: Public Records

Similar Property in Alpharetta, GA

  • 264 N Main St, Alpharetta, GA 30009

    $2,900,000

    • Land
    • 0.54 Acre
    • $5,370,370 per Acre
    • 264 N Main St
    • Alpharetta, GA

    ATTENTION INVESTORS: FIVE UNIQUE EXIT STRATEGIES FOR 254 AND 264 MAIN STREET: CLUSTER/TOWNHOMES, DT-MU W/ COMMERCIAL, SF DETACHED, STACKED CONDOS OR TOWNHOMES. SEE ATTACHED PROPOSED SKETCH PLANS. Prime Downtown Alpharetta Redevelopment Opportunity. Unlock the potential of a remarkable commercial property located at 254 North Main Street, just blocks north of Downtown Alpharetta. Situated on 0.568

    Trish Hauser Coldwell Banker Realty

    Section Image

Source: Georgia MLS

MLS Number: 10496595

Georgia MLS

APN: 22-4814-1197-044-1