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    620+ Indian Spg Dr Forsyth, GA 31029

    Sponsored
    For Sale
    $499,900

    High-visibility I-75 corner lot, two buildings.

    Property size:
    1,320 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional Forsyth, GA commercial property presents a unique investment opportunity. Spanning 1.8 acres, this offering comprises four combined parcels with three road frontages providing unparalleled visibility from I-75. The property boasts two existing structures: a commercial concrete building ideally suited for a variety of uses, and a separate residential house. The combined square footage of the buildings totals 1,320 square feet. The strategic location at 620 Indian Springs Drive offers significant advantages for businesses seeking high traffic exposure. The property's dual zoning (commercial and residential) unlocks a wide range of development possibilities, from expanding the existing commercial space to creating a mixed-use development. The substantial acreage and multiple road frontages provide ample space for parking, expansion, or additional construction. This is a rare chance to acquire a well-positioned commercial property with significant potential for growth and return on investment in a thriving Forsyth location. The property's prime location near I-75 ensures easy access for customers and employees. Serious inquiries are encouraged to explore the full potential of this remarkable offering.

    Property Features for 620+ Indian Spg Dr

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,320 SF
    Lot Size
    78,408 SF

    Building Details

    Year Built
    1950
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Forsyth
    County
    Monroe
    State
    Georgia
    Longitude
    -83.94791
    Latitude
    33.04982

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    FAQs

    What type of property is this?
    Commercial real estate - High-visibility I-75 corner lot, two buildings.
    Where is this commercial real estate located?
    The property is located at 620+ Indian Spg Dr Forsyth, GA.
    What is the asking price?
    The asking price for this property is $499,900.
    (770) 228-5657
    Request Owner's contact information
    620+ Indian Spg Dr Forsyth, GA 31029
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    Forsyth, GA 31029
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    Realmo Value Estimation

    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.

    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.

    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
    620+ Indian Spg Dr Forsyth, GA 31029
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