land sales report series

Forsyth County Land Sales Report March 2024

Hello, my name is Luke Crawford and I specialize in selling Forsyth County land.

I live in Greenwood Acres close to downtown Cumming with my wife on a small farm.

I meticulously monitor all land transactions and zoning cases taking place within Forsyth County. Developers and landowners regularly rely on me for updates regarding our county’s developments. To make this information more accessible, I started publishing a Forsyth County Land Sale Report. This report will highlight various land sales across our county.

Thanks, Luke Crawford

Sale Date: February 15, 2024

Address: 6760 Westray Rd

Parcel Number: 117 005 and part of 117 042

Acres: 202.919

Price: $9,708,799

Price Per Acre:  $47,845

Price Per Unit/Lot/Foot: N/A

Seller: Heard Family

Buyer: Vishwa Prasad

Suspected Use:I missed this transaction in February, so I’m adding it here. No plans were filed with the county. Vishwa financed $6,708,798 with the Heard family, and the note matures on Jan 15, 2027. Vishwa is the founder and CEO of People Tech Group, which employs over 1200 people and is based out of Redmond, Washington. It appears that Vishwa owns a substantial amount of real estate on the West Coast. I assume this is a diversification or buy-and-hold move.

Sale Date: March 29, 2024

Address: Atlanta Highway

Parcel Number: 131 075

Acres: 1.75

Price: $825,000

Price Per Acre:  $471,429

Price Per Unit/Lot/Foot: N/A

Seller: Phillips Supply Company – Wes Phillips

Buyer: Alpha Omega Holdings, LLC - www.alpha-omegaga.com

Suspected Use: Buyer is in permitting now to construct new or additional site improvements, no site plans or further info available yet.

Sale Date: March 25, 2024

Address: Atlanta Highway

Parcel Number: 106 115

Acres: 10.28

Price: $2,827,825

Price Per Acre:  $275,080

Price Per Unit/Lot/Foot:

Seller: Glover Family

Buyer: ABAD Development - www.abadga.com

Suspected Use: 65,000 sqft warehouse and 37,000 sqft office. Industrial condo, they are selling 1,200 sqft units for $250,000.

Sale Date: March 15, 2024

Address: Keith Bridge Road

Parcel Number: 238 075

Acres: 1.05

Price: $340,000

Price Per Acre:  $323,809

Price Per Unit/Lot/Foot:

Seller: Charles Living Trust

Buyer: Maheshwar Kothapally

Suspected Use: Nothing filed with the county, I assume buy and hold.

Sale Date: March 26, 2024

Address: 6395 Hopewell Road

Parcel Number: 232 017

Acres: 1

Price: $225,000

Price Per Acre:  $225,000

Price Per Unit/Lot/Foot:

Seller: DANHC Properties – Celerino Garcia

Buyer: Narayana Investments -   Shamini Kotapati

Suspected Use: A potential buyer applied for a CUP in September of 2023 to allow for outdoor storage/wrecker yard, they withdrew the application in November. No other activity with the county.

Sale Date: March 29, 2024

Address: Dahlonega Hwy

Parcel Number: 192 112

Acres: 41.25

Price: $2,883,596

Price Per Acre: $69,184

Price Per Unit/Lot/Foot: N/A

Seller: Heard and Stone Families

Buyer: Prime Peach HWY 9, LLC - Rajesh Jampala

Suspected Use: No plans submitted to the county.

For more on this, see our post on Forsyth County Land Sales Report April-May 2024.

We cover this in more detail in Forsyth County Land Sales Report 2024.

For background, see our piece on what each residential zoning code actually means.

You can read more in our post on how selling to a developer actually works.

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