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    1535 Dahlonega Highway Cumming, GA 30040

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    For Sale
    $1,060,000

    COMMERCIAL - Cumming, GA

    Type:Office
    Property size:
    1,310 SF
    Lot size:
    2.78 Acres
    Added:
    Oct 23, 2025
    Days on Market:
    162
    Last Refresh:
    Apr 2 at 6:06 pm

    Property Features for 1535 Dahlonega Highway

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Parking
    11
    Parking features
    Parking Lot
    Fencing
    Fenced, Chain Link
    Standard status
    Active
    APN
    172 034
    Size
    1,310 SF
    Lot size
    2.78 Acres

    Taxes and HOA fees

    TaxYear
    2024
    TaxAnnualAmount
    6571

    Utilities

    Utilities
    Water Available
    Sewer type
    Septic Tank
    Water source
    Public

    Building Details

    Year built
    1950
    Building materials
    Brick, Frame, Wood Siding
    Roof type
    Composition

    We can help!

    Listing Contact
    Dan Bin Yang

    Listing agent Dan Bin Yang

    Listing office HomeSmart 10900 Crabapple Road, Atlanta, GA

    Listing date Oct 23, 2025

    MLS# 10633317

    Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Land on Highway

    This commercial property features a 2.78-acre parcel with approximately 269 feet of direct frontage on Dahlonega Highway (GA-Hwy 9) in Cumming, Georgia. Zoned Commercial Business District (CBD), the relatively flat land includes driveway access and 11 paved parking spaces already installed. An existing 1,310 square foot building is located on-site, which can be used while planning for future development. The property is being sold "as is" and presents potential for redevelopment or owner-use, with the existing structure suitable for either teardown or interim use. The site benefits from its location in Forsyth County near commercial nodes, offering excellent commuter access and visibility. A stormwater drainage system has been installed. The property's location offers significant potential upside through rezoning, redevelopment, or value-add strategies.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cumming
    County
    Forsyth
    State
    Georgia
    Longitude
    -84.12058
    Latitude
    34.240265

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    FAQs

    What type of property is this?
    Commercial land - 2.78 acres with highway frontage in Cumming, Georgia.
    Where is this commercial land located?
    The property is located at 1535 Dahlonega Highway Cumming, GA.
    What is the asking price?
    The asking price for this property is $1,060,000.
    What are key features of this property?
    This property features: Prime 2.78‑acre parcel with approximately 269 feet of direct frontage on Dahlonega Highway (GA‑Hwy 9).; Located in a high‑visibility area in Cumming, GA, within the Commercial Business District (CBD).; Existing 1,310 SF building on‑site with 11 paved parking spaces.
    (770) 282-0180
    We can help!
    Listing Contact
    Dan Bin Yang
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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