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Property Location

5211 Union Hill Road, Alpharetta GA 30004

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List Price $330,000

Units 1

Price / Unit $330,000

Est. Year 1 Cash Flow $-12,233 after debt service

5211 Union Hill Road Alpharetta, GA 30004

Data last updated: August 2, 2026 at 9:46 PM EST

ACTIVE

An exceptional opportunity to build a custom estate on this beautiful 2-acre wooded homesite, ideally situated in one of Alpharetta's most desirable locations while benefiting from lower Cherokee County taxes. Surrounded by mature hardwoods, the property offers a gentle approach from the road to an ideal, level homesite, creating a private and picturesque setting for your future residence. Thoughtfully prepared for construction, the property includes an approved site plan, approved septic permit and complete architectural plans for a stunning 4,600 square foot, five-bedroom custom residence, allowing you to begin the building process with ease. Bring your own builder and create a home uniquely tailored to your vision. This build-ready homesite offers the rare combination of privacy, convenience, and flexibility. Enjoy an exceptional lifestyle just minutes from Milton's neighborhood Publix, 7 Acre Bar & Grill, Scottsdale Farms, Matilda's Under the Pines, boutique shopping, local dining, and everyday conveniences. Located within the highly acclaimed Avery Elementary, Creekland Middle, and Creekview High School districts, this remarkable property presents a rare opportunity to create a legacy home in one of North Atlanta's most sought-after settings. No HOA, bring your own builder, and build at your own pace. A truly rare offering where timeless natural beauty meets modern convenience.

Investment Notes — Alpharetta

Located in the Alpharetta, GA area
Value-add opportunities typically exist through management, renovations, or operational improvements
Rental demand and achievable rents vary significantly by submarket — local market verification is recommended
Actual cash flow depends on occupancy, expenses, financing, and current market conditions

Modeled from FMLS data + Atlanta metro baselines where listing data is incomplete

Price per Unit $330,000 Verified

 Est. Year 1 Cash Flow  $-12,233  after debt service (25% down / 7% / 30-yr)  Modeled   

Confidence scores included Latest FMLS data Transparent modeling

Starts from list price and unit count. No rent data in this listing — enter your own rent assumptions below. Override any value to model your own scenario.

Assumptions

Purchase Price List Price

Number of Units

Avg Rent / Unit / Month Enter your estimate

Annual Gross Potential Income Editable

Enter rent per unit or total GPI to model returns

Vacancy Rate Estimated

5.0%

Operating Expense Ratio Estimated

46%

Financing

Down Payment Default 25%

25%

Interest Rate Default 7%

Loan Term Years

30 yrs

Projected Returns

Gross Potential Income —

Effective Gross Income —

Operating Expenses —

Net Operating Income (NOI) —

Asking Cap Rate —

Price Per Unit —

Annual Debt Service —

Year 1 Cash Flow —

Cash-on-Cash Return —

Simplified estimates for Alpharetta. Actual results depend on real rents, expenses, financing terms, and local market conditions. Service view: Inquire for Details.

Why these numbers can differ from the Metrics Bar & Highlights above

The Metrics Bar and Highlights use the service’s numbers (actual MLS Gross / Opex / NOI / Cap Rate when available, otherwise modeled).
This calculator lets you change every assumption in real time. Once you move any slider or input, the results become your scenario, not the service estimate.
Vacancy, expense ratio, and financing terms here may be more or less aggressive than the service defaults.
Cash flow shown is before income taxes, capital expenditures, and any other non-operating items.

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Jeff’s Investment Take

Insufficient data for a modeled recommendation. Contact for the rent roll and actuals.

Important Investment Information

Actual MLS Cap Rate is used when present. Gross Income uses rent roll or MLS Gross Income when available, otherwise modeled. Operating expenses use an all-in ratio by property size. Cash-on-cash assumes 25% down, 7% interest, 30-year amortization. All figures are for screening only — verify with current rent roll and expenses.

Some figures shown on this page are estimated because complete rent-roll or operating data was not provided in the listing. Estimated values are clearly marked.

Any estimated or modeled figures represent the independent analysis of Jeff Crowe / Century 21 The Avenues and are not supplied by FMLS or the listing broker.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.

MLS ID: 7806968 · Listing courtesy of Atlanta Fine Homes Sotheby's International, Lauren Roberson · 678-595-3373

IDX Information Provided by Jeff Crowe · jeffcrowe@c21theavenues.com

FMLS · Updated Daily

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