Office Unit with Brick
For Sale
$285,000
5971 Parkway North Boulevard 200-a, Cumming, GA 30040
Professional commercial space with convenient parking and access to major roads and surrounding businesses.
Property Size1,250 SF
Price / SF$228
Days on Market47
Property Features for 5971 Parkway North Boulevard 200-a
General Information
Standard status
Active
Size
1,250 SF
Building Details
Year Built
2005
Construction
brick
Listing Agency:
ARB Realty, LLC.
Listed By:
JAWAID NAEEM · License #250738
(877) 333-6163
Source:
Blackbeltgp
Added: Sep 19
Changed: Oct 25
Last Checked: Oct 7 at 3:01PM
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 ARB Realty, LLC.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Unit 200-A offers 1,250 square feet within a professional brick office building constructed in 2005. The property has a maintained exterior and convenient parking, with space suited to office, professional, or commercial use.
Located at 5971 Parkway North Boulevard in Cumming, Georgia, the unit provides access to major roads and nearby businesses. Availability is scheduled for November 1, 2026.
Located at 5971 Parkway North Boulevard in Cumming, Georgia, the unit provides access to major roads and nearby businesses. Availability is scheduled for November 1, 2026.
Key Highlights
- 1,250‑square‑foot office unit
- Unit 200‑A in a brick office building
- Constructed in 2005
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,739
Cap Rate
5.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$334,780
$334.8K
Cap Rate 7%
$239,129
$239.1K
Cap Rate 9%
$185,989
$186.0K
Market Conditions
NOI Build-Up for 1,250 SF
Gross rent
$29.8K $23.87/SF
− Vacancy
−$7.5K −$6.02/SF
EGI
$22.3K $17.85/SF
− OpEx
−$5.6K −$4.46/SF
NOI
$16.7K $13.39/SF
Area
Forsyth County, GA
Vacancy
25.20%
Lease Rate
$23.87 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$334,780
Cap Rate 7%
$239,129
Cap Rate 9%
$185,989
Alternative Uses
Best Use
Office B
$239.1K
$209.2K – $279.0K
NOI $16,739 @ 7.0% cap · market cap 5.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$349.4K
$305.8K – $407.7K
NOI $24,460 @ 7.0% cap · market cap 8.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
766
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
Frequently Asked Questions
What type of property is this?
Office unit - Professional commercial space with convenient parking and access to major roads and surrounding businesses.
Where is this office unit located?
The property is located at 5971 Parkway North Boulevard 200-a Cumming, GA.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: 1,250‑square‑foot office unit; Unit 200‑A in a brick office building; Constructed in 2005
