Free-Standing Retail or Office
For Sale
Contact for pricing
103 Buford Dam Road, Cumming, GA 30040
Free-standing building with road frontage and access to GA 400, suited for retail or office users.
Property Size4,800 SF
Lot Size1.06 Acres
Price / SF$228.13
Days on Market94
Property Features for 103 Buford Dam Road
General Information
Standard status
Active
Size
4,800 SF
Lot size
1.06 Acres
Property subtype
Office, Retail
Zoning
CBD
Investment Type
Owner/User
Additional Details
Highway Access
Yes
Listing Agency:
Keller Williams Community Ptnr
Listed By:
J.B. Bader
Source:
Crexi
Added: Jun 3
Changed: Aug 21
Last Checked: Sep 3 at 3:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Community Ptnr
Investment Insights
Based on property information with market context.
The property is a 4,800-square-foot free-standing building built for either retail or office use. It sits on a 1.06-acre lot and offers approximately 285 feet of road frontage, supporting straightforward customer and tenant access from the roadway.
Located in Forsyth County, the site is described as having good exposure and easy access to GA 400 via Exits 14 or 15. The offering also notes strong traffic counts, which can be advantageous for business visibility.
With its flexible retail-or-office orientation, this building can fit a range of local operators seeking a stand-alone setup with direct road presence. The combination of significant frontage, convenient highway access, and the ability to support either retail or office use makes it a practical option for buyers evaluating a single-property location for their business operations.
Located in Forsyth County, the site is described as having good exposure and easy access to GA 400 via Exits 14 or 15. The offering also notes strong traffic counts, which can be advantageous for business visibility.
With its flexible retail-or-office orientation, this building can fit a range of local operators seeking a stand-alone setup with direct road presence. The combination of significant frontage, convenient highway access, and the ability to support either retail or office use makes it a practical option for buyers evaluating a single-property location for their business operations.
Key Highlights
- 4,800 SF free‑standing building for sale in Forsyth County
- Located on a 1.06‑acre lot with approximately 285 feet of road frontage
- Suitable for retail or office use
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$67,514
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.17%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,350,280
$1.4M
Cap Rate 7%
$964,486
$964.5K
Cap Rate 9%
$750,156
$750.2K
Market Conditions
NOI Build-Up for 4,800 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$105.4K $21.96/SF
− Vacancy
−$9.0K −$1.87/SF
EGI
$96.4K $20.09/SF
− OpEx
−$28.9K −$6.03/SF
NOI
$67.5K $14.07/SF
Area
Forsyth County, GA
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,350,280
Cap Rate 7%
$964,486
Cap Rate 9%
$750,156
Alternative Uses
Best Use
Retail
$964.5K
$843.9K – $1.13M
NOI $67,514 @ 7.0% cap · market cap 6.17%
Second Best
Office B
$918.2K
$803.5K – $1.07M
NOI $64,277 @ 7.0% cap · market cap 5.87%
Theoretical Best
Office A
$1.34M
$1.17M – $1.57M
NOI $93,925 @ 7.0% cap · market cap 8.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,070
Businesses Nearby
Explore this area
Business Placement
Demographics for 30040, GA
81,191
Population
27,642
Households
2.9
Avg Household Size
38
Median Age
55%
College-Educated
93%
High-School Grad
57.7 sq mi
ZIP Area
1,407
Density / Sq Mi
$133,028
Median Household Income
$60,926
Median Earnings
$1,883
Median Rent
$474,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Free-standing building with road frontage and access to GA 400, suited for retail or office users.
Where is this office units located?
The property is located at 103 Buford Dam Road Cumming, GA.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: 4,800 SF free‑standing building for sale in Forsyth County; Located on a 1.06‑acre lot with approximately 285 feet of road frontage; Suitable for retail or office use
