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    1305 Buford Hwy Cumming, GA 30041

    For Sale
    $2,850,000

    6.4 Acres, Hwy 20 Frontage, CBD Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 6.4-acre commercial land parcel presents a remarkable investment opportunity in the thriving Cumming, Georgia market. Located at 1305 Buford Highway, this property boasts a highly desirable CBD (Central Business District) zoning designation within Forsyth County, offering unparalleled flexibility for a wide range of commercial developments. The expansive lot size provides ample space for various projects, including restaurants, retail establishments, medical facilities, storage facilities (subject to conditions), or automotive businesses. Its strategic location on Highway 20 ensures exceptional visibility and accessibility, benefiting from an average daily traffic count of 42,000 vehicles. All utilities are readily available, simplifying the development process and minimizing upfront infrastructure costs. The asking price for this prime commercial land is $2,850,000. This property's combination of size, zoning, location, and accessibility makes it an ideal platform for significant commercial growth and return on investment. The zip code is 30041. The property is situated at latitude 34.1704819 and longitude -84.1242331. Don't miss this chance to acquire a highly sought-after commercial property in a rapidly expanding area.

    Property Features for 1305 Buford Hwy

    General Information

    Property type
    Land
    Lot Size
    278,784 SF

    HighLights

    • 6.40‑acre site.
    • CBD zoning, Forsyth County.
    • Suitable for restaurant, retail, medical, or (conditionally) storage and auto uses.
    • Highway 20 frontage.
    • Average Daily Traffic (ADT) of 42,000 vehicles.
    • All utilities available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Cumming
    County
    Forsyth
    State
    Georgia
    Longitude
    -84.1242331
    Latitude
    34.1704819

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    FAQs

    What type of property is this?
    Land - 6.4 Acres, Hwy 20 Frontage, CBD Zoning
    Where is this land located?
    The property is located at 1305 Buford Hwy Cumming, GA.
    What is the asking price?
    The asking price for this property is $2,850,000.
    What are key features of this property?
    This property features: 6.40-acre site.; CBD zoning, Forsyth County.; Suitable for restaurant, retail, medical, or (conditionally) storage and auto uses.
    (404) 281-5544
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    1305 Buford Hwy 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
    1305 Buford Hwy Cumming, GA 30041
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