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Property profile

Cor Pkwy Pkwy Cumming, GA 30040

OFF-MARKET
Commercial real estate
5.7 ac lot Built 2024
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Property summary

AI-generated overview

This exceptional 5.7-acre commercial property in Cumming, Georgia, presents a unique investment opportunity. Zoned Highway Business (HB), it enjoys a highly desirable location just minutes from Highway 400 Exit 15 and within walking distance of Cumming's vibrant City Center and downtown area. The property is already approved for a 30-townhome development, with the detention pond already constructed. All utilities are readily available, simplifying the development process. This turnkey project benefits from a completed Land Development Plan, minimizing upfront planning costs and accelerating the timeline to completion. Situated in the heart of Forsyth County, known for its rapid growth and limited commercial land availability, this property offers immediate and long-term value. Its proximity (3+ miles) to the recently developed City Center Live/Work/Play complex further enhances its appeal, placing it within a thriving hub of shopping, dining, and entertainment. The significant growth of Cumming, GA, and the expansion of surrounding neighborhoods create a strong demand for residential development, making this a particularly attractive investment for those seeking to capitalize on the area's booming real estate market. Owner financing is available for qualified buyers.

Property profile

Verified
Property type Commercial real estate
Year built 2024
Lot 5.7 ac (248,292 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Cor Pkwy Pkwy Cumming, GA 30040
Cumming metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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