8587 Cumming Hwy, Canton, GA 30115

Building Details

Year Built 1957 More

Buildings 1 More

Listing Agency: Chapman Hall Realtors

Listed By: Oswaldo Zeas Show Phone

Source: Lemoineteam

Added: Aug 10 Changed: Oct 26 Last Checked: Oct 7 at 4:38PM

Report an Issue

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 Chapman Hall Realtors

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

Located at 8587 Cumming Highway in Canton, this 1,884-square-foot ranch-style property was built in 1957 and has been fully renovated. The layout includes a full basement, providing additional interior space within the approximately 1-acre property. On-site parking is available, and the roof and furnace are reported to be in good condition.

The property fronts the GA-20/Cumming Highway corridor and is presented for potential residential, rental, or small business use. Its renovated condition supports immediate occupancy, subject to the applicable land-use requirements and approvals.

Key Highlights

• Fully renovated 1,884‑square‑foot ranch‑style property
• Approximately 1‑acre site along the GA‑20/Cumming Highway corridor
• Full basement provides additional interior space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$24,869

Cap Rate

4.19%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$497,380 $497.4K

Cap Rate 7%

$355,271 $355.3K

Cap Rate 9%

$276,322 $276.3K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,884 SF

Gross rent

$45.2K $24.00/SF

− Vacancy

−$5.4K −$2.88/SF

EGI

$39.8K $21.12/SF

− OpEx

−$14.9K −$7.92/SF

NOI

$24.9K $13.20/SF

Area

Cherokee County, GA

Vacancy

12.00%

Lease Rate

$24.00 /SF/Yr

Expense Ratio

37.50%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$497,380

Cap Rate 7%

$355,271

Cap Rate 9%

$276,322

Alternative Uses

Best Use

Mixed Use

$355.3K

$310.9K – $414.5K (±1% cap)

NOI $24,869 @ 7.0% cap · market cap 4.19%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$527.6K

$461.7K – $615.6K (±1% cap)

NOI $36,933 @ 7.0% cap · market cap 6.22%

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

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Building Supply Pharmacy Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

148

Businesses Nearby

Explore this area Business Placement

Demographics for 30115, GA

49,804

Population

19,016

Households

2.6

Avg Household Size

40

Median Age

38%

College-Educated

93%

High-School Grad

73.2 sq mi

ZIP Area

680

Density / Sq Mi

$113,346

Median Household Income

$49,893

Median Earnings

$1,739

Median Rent

$439,600

Median Home Value

Similar For Sale Nearby

See more

Mixed-Use Income Property

2037 Marietta Highway, Canton, GA 30114

$575,000

0.68 Acres

View details

Fenced Mixed-Use Property

8024 E Cherokee Dr, Canton, GA 30115

$785,000

19,004 SF

View details

Office Building with Detached Garage

183 Scott Rd, Canton, GA 30115

$690,000

1,700 SF

View details

Specialty Commercial Property Site

12778 Cumming Highway, Canton, GA 30115

$798,875

1.20 Acres

View details

Office Building with Basement

750 East Main Street, Canton, GA 30114

$850,000

2,773 SF

View details

Downtown Office Unit

103 Mountain Brook Drive #108, Canton, GA 30115

Contact for pricing

View details

Multi-Suite Office Units

154 River Green Ave, Canton, GA 30114

$499,900

5,321 SF

View details

Class C Office Building

2521 Reinhardt College Pky, Canton, GA 30114

Contact for pricing

1,706 SF

View details

Three-Building Auto Shop Property

5895 Cumming Hwy, Canton, GA 30115

$1,400,000

1,000 SF

View details

Cherokee County Equestrian Estate

336 Tanglewood Drive, Canton, GA 30115

$4,500,000

28.13 Acres

View details

Absolute NNN Restaurant

3494 Marietta Highway, Canton, GA 30114

Contact for pricing

2,720 SF

View details

Highway-Frontage Flex Space

2833 Knox Bridge Highway Unit A, Canton, GA 30114

Contact for pricing

3,400 SF

View details

Frequently Asked Questions

What type of property is this?

Mixed-use property - Renovated ranch-style property with basement, on-site parking, and stated flexibility for residential or small business use.

Where is this mixed-use property located?

The property is located at 8587 Cumming Hwy Canton, GA.

What is the asking price?

The asking price for this property is $594,000.

What are key features of this property?

This property features: Fully renovated 1,884‑square‑foot ranch‑style property; Approximately 1‑acre site along the GA‑20/Cumming Highway corridor; Full basement provides additional interior space