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    3120 Buford Hwy Cumming, GA 30041

    For Sale
    $5,625,000

    Class A development opportunity with high-traffic location and all utilities.

    Property size:
    24 SF
    Lot size:
    24.83 Acres

    Property Features for 3120 Buford Hwy

    General Information

    Size
    24 SF
    Lot size
    24.83 Acres

    Source: Todd Ellis Agent Todd Ellis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    24.826 Acres Prime Development Opportunity

    This commercial land offering consists of two parcels totaling 24.826 acres. The parcels measure 0.981 acres and 23.845 acres. The property is zoned Commercial Business District (CBD) and is subject to the Buford Highway Overlay District. All utilities are available, including sewer on site. The location benefits from high traffic volume, with 42,400 vehicles per day on Buford Highway (Highway 20). The property features multiple access points via curb cuts on Buford Highway and Windermere Parkway. The average household income within a 1-mile radius is $221,634. The site has an existing curb cut at a signalized intersection. The property is subject to an existing residential deed restriction with a sunset provision or expiration in 2028. This location is suitable for a range of commercial developments, enhanced by recent and proposed developments in the thriving area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Auto Repair Shop Clothing Store Nail Salon Gym & Fitness Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Cumming
    County
    Forsyth
    State
    Georgia
    Longitude
    -84.0997696
    Latitude
    34.1344801

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    FAQs

    What type of property is this?
    Land - Class A development opportunity with high-traffic location and all utilities.
    Where is this land located?
    The property is located at 3120 Buford Hwy Cumming, GA.
    What is the asking price?
    The asking price for this property is $5,625,000.
    What are key features of this property?
    This property features: - Prime 24.826-acre Class "A" development opportunity in Forsyth County.; - High-traffic location with 42,400 VPD on Buford Hwy (Hwy 20) at a signalized intersection.; - Zoned Commercial Business District (CBD) subject to Buford Hwy Overlay District with all utilities available, including sewer on site.
    (404) 812-4009
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    3120 Buford Hwy Cumming, GA 30041
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    Cumming, GA 30041
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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
    3120 Buford Hwy Cumming, GA 30041
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