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    Frix Rd Cumming, GA 30028

    Sponsored
    For Sale
    $967,800

    Prime Agricultural Land, Cumming, GA

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 16.13-acre agricultural property in Cumming, Georgia, presents a unique investment opportunity. Located off Frix Road in North Forsyth County, this AG1-zoned land offers significant potential. The asking price is $967,800, translating to approximately $60,000 per acre. While an easement from 7326 Frix Road provides access, it's important to note that this property is not suitable for subdivision. Utilities are limited

    Property Features for 0 Frix Rd

    General Information

    Property type
    Farms
    Lot Size
    702,623 SF

    HighLights

    • 16.13‑acre agricultural tract available in North Forsyth, off Frix Road.
    • Adjacent 15.7‑acre parcel (PIN 006 019) at 7330 Frix Road also available; combined acreage totals approximately 32 acres.
    • List price: $60,000 per acre for both parcels.
    • No sewer; A1 zoning.
    • Seller will consider all offers.
    • Appointments required for property access; agent representation required for showings.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cumming
    County
    Forsyth
    State
    Georgia
    Longitude
    -84.2480579
    Latitude
    34.2684816

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    FAQs

    What type of property is this?
    Farm - Prime Agricultural Land, Cumming, GA
    Where is this farm located?
    The property is located at Frix Rd Cumming, GA.
    What is the asking price?
    The asking price for this property is $967,800.
    What are key features of this property?
    This property features: 16.13-acre agricultural tract available in North Forsyth, off Frix Road.; Adjacent 15.7-acre parcel (PIN 006 019) at 7330 Frix Road also available; combined acreage totals approximately 32 acres.; List price: $60,000 per acre for both parcels.
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    Frix Rd Cumming, GA 30028
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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
    Frix Rd Cumming, GA 30028
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