Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3340 Chamblee Gap Rd Cumming, GA 30040

    Sponsored
    For Sale
    $500,000

    LAND - Other - Cumming, GA

    Type:Single Family Residence
    Lot size:
    3.71 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 20 at 12:06 pm

    Property Features for 3340 Chamblee Gap Rd

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Vegetation
    Grassed
    Zoning
    A1
    APN
    077 005
    Patio and Porch features
    Deck
    Lot size
    3.71 Acres

    Utilities

    Utilities
    Cable Available
    Water front features
    Creek

    Building Details

    Year built
    1978
    Floors in Building
    1
    Architectural style
    Other

    We can help!

    Listing Contact
    Don Frey
    Don Frey

    Community Partners LLC dba Keller Williams Realty Community Partners (678) 341-7409 [email protected]

    Listing agent Don Frey (678) 386-7108

    Listing date Jan 19, 2026

    MLS# 7674499 Listing URL

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

    Learn more

    Property Insight Report

    Overview

    West Forsyth Acreage with Mobile Home

    This 3.714 +/- acre property is located in West Forsyth County, near Greens Corner and the new Publix at Tribble Crossing. The gently rolling pasture includes a pole barn suitable for housing animals and equipment. Mature Muscadine Vines, Scuppernong Vines, fig and pear trees are present on the property. A creek at the rear serves as a natural boundary and habitat for local flora and fauna, attracting deer, birds, and other wildlife. A double wide mobile home on the property offers shelter and flexibility. The mobile home requires renovation and repairs to restore it to livable condition, but can be updated for comfortable living, used as a guest house, or serve as a temporary residence while building a new home. The property is zoned A1.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bailey Grading Inc Excavating Contractor

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Cumming
    County
    Forsyth
    State
    Georgia
    Longitude
    -84.202207
    Latitude
    34.230154

    Nearby Similar for Sale

    • $6,200,000
      37,725 SF

      Versatile Commercial Space in Cumming, GA

      37,000+ SF commercial space ideal for entertainment, retail, or hospitality.
      2730 Spot Rd, Cumming, GA 30040
      View Details
    • $1,600,000
      3,137 SF

      Modern Farmhouse on Scenic Acres

      Custom-built Cumming farmhouse on 3.68 acres with pool.
      490 Lummus Rd, Cumming, GA 30040
      View Details
    • $1,795,000
      4,474 SF

      Secluded Estate with Luxurious Home

      Luxury, elegance, and rural charm on a 10.8-acre estate.
      4165 Milford Trl, Cumming, GA 30028
      View Details
    • $699,900
      1,264 SF

      Commercial Property on High-Traffic Road

      Renovated commercial property on 0.88 acres near GA 400.
      4455 Jot Em Down Rd, Cumming, GA 30028
      View Details
    • $2,011,250
      16.09 Acres

      West Forsyth County Acreage

      16.09 acre property in the heart of West Forsyth County.
      Sewell Rd, Cumming, GA 30028
      View Details
    • $800,000
      6,000 SF

      Industrial Warehouse with Crane

      6,000 SF warehouse with 3-ton crane in Cumming, GA.
      99 Samaritan Dr, Cumming, GA 30040
      View Details
    • $375,000
      1,500 SF

      Upscale Office Suites in Cumming

      Premier office spaces in a sought-after Cumming community.
      1161 Dahlonega Hwy, Cumming, GA 30040
      View Details
    • $799,900
      3,364 SF

      Golf Course View Townhome

      Gated community townhome overlooking the Windermere Golf Course.
      3147 Neal Ct, Cumming, GA 30041
      View Details
    • $369,900
      1,280 SF

      Gated Condo in 55+ Community

      Single-level condo in gated Cumming community, near city center.
      460 Tribble Gap Rd, Cumming, GA 30040
      View Details
    • $3,600,000
      12 SF

      Commercial Property in Cumming, Georgia

      12,311 SF commercial property in Cumming, GA, ideal for investors.
      6470 Cumming Hwy, Cumming, GA 30028
      View Details
    • $425,000

      Upgraded Home in Newbury Community

      Two-bedroom, two-bath home with upgrades and community amenities.
      306 Somerton Pl, Cumming, GA 30040
      View Details
    • $210,000
      1,784 SF

      Highway Business Zoned Investment Property

      Prime commercial real estate with high visibility and traffic count.
      4366 Canton Hwy, Cumming, GA 30040
      View Details

    FAQs

    What type of property is this?
    Farm - 3.714 acre property with mobile home in Cumming, GA.
    Where is this farm located?
    The property is located at 3340 Chamblee Gap Rd Cumming, GA.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: - Large 3.714 +/- acre property in West Forsyth County.; - Prime location near shopping and dining.; - Gently rolling pasture with a pole barn, suitable for animals and equipment.
    (678) 386-7108
    Request Owner's contact information
    3340 Chamblee Gap Rd Cumming, GA 30040
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3340 Chamblee Gap Rd
    Cumming, GA 30040
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    3340 Chamblee Gap Rd Cumming, GA 30040
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Don Frey
    Don Frey
    Real Estate License ID: 359833
    (678) 386-7108
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.