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Professional Office Unit
For Sale
Under Contract
$285,000

5971 Parkway N Boulevard, Cumming, GA 30040

Commercial Sale, Cumming, GA

Property Size1,250 SF
Lot Size0.01 Acres
Price / SF$228
Days on Market49

Property Features for 5971 Parkway N Boulevard

General Information

Property type Residential
Property subtype Office
Zoning CBD
Parking 6
Parking features Parking Lot
Security features Security Lighting
Window features Insulated Windows
Interior features Reception Area
Accessibility Accessible Approach with Ramp
Lot features Business Park
View City
Directions GPS is best. Easy to find!
Standard status Active Under Contract
APN 106 738
Size 1,250 SF
Lot size 0.01 Acres

Additional Details

Property Use Office

Taxes and HOA fees

Tax Year 2025
Tax Description 2-1 LL 378 BLDG 200 UN A CREEKSIDE PROF VILLAGE
Tax Annual Amount 2458
Legal Description 2-1 LL 378 BLDG 200 UN A CREEKSIDE PROF VILLAGE

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Ceiling Fan(s), Central Air
Water source Public

Building Details

Year built 2005
Floors in Building 1
Flooring type Carpet, Tile - Ceramic
Building materials Brick 4 Sides
Roof type Asphalt
Buildings 1
Listing Agency: ARB Realty, LLC.
Listed By: JAWAID NAEEM · License #250738
Added: Sep 17 Changed: Nov 4 Last Checked: Nov 4 at 1:06PM
MLS# 7839418

Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Unit 200-A offers 1,250 square feet within a brick office building constructed in 2005. The layout includes a reception area, with carpet and ceramic tile flooring. Central heating and cooling, electric heat, central air, and ceiling fans support the interior environment. An accessible approach with ramp is also provided.

The property is located at 5971 Parkway N Boulevard in Cumming, Georgia, with parking available in a dedicated lot. Public water and public sewer serve the property, while cable is available. Zoned CBD, the office unit is scheduled to become available November 1, 2026, and is positioned for office, professional, or commercial use as identified in the property information.

Key Highlights

  • 1,250‑square‑foot office unit identified as Unit 200‑A
  • CBD zoning supports the property's commercial office classification
  • Brick 4 Sides construction; year built 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 (±1% cap)
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 (±1% cap)
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

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Location Intelligence

Trade Area within ½ mile

766
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Office unit with reception area, parking-lot access, and a brick exterior in a professional commercial building.
Where is this office unit located?
The property is located at 5971 Parkway N Boulevard 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 identified as Unit 200‑A; CBD zoning supports the property's commercial office classification; Brick 4 Sides construction; year built 2005
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