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    3217 Buford Hwy Cumming, GA 30041

    For Sale
    $3,825,000

    8.6 Acres, CBD Zoning, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    Exceptional 8.6-acre commercial land parcel in Cumming, Georgia, strategically located at the Forsyth/Gwinnett county line on Buford Highway (Hwy 20). This prime development site boasts approximately 500 feet of frontage on Buford Highway, offering significant visibility and accessibility. The property is zoned CBD, providing flexibility for a wide range of commercial uses. With an average daily traffic count of 38,800, this location ensures high exposure. Conveniently situated just 4 miles from GA Highway 400 and approximately 7 miles from Highway 985, it benefits from excellent connectivity. The site is nestled between Windermere Parkway and James Burgess Road within the bustling Buford Corridor. The surrounding area demonstrates strong demographics, with a median household income exceeding $160,000 and a population exceeding 50,000 within a 3-mile radius. The seller is open to subdividing the property to accommodate buyer needs. Note that this property is subject to Forsyth County Buford Highway Overlay and the Metropolitan River Protection Act. An additional 2.87 acres of adjacent land is available for purchase if needed, though it is not currently zoned. Asking price is $3,825,000.

    Property Features for 3217 Buford Hwy

    General Information

    Property type
    Land
    Lot Size
    374,616 SF

    HighLights

    • 8.6‑acre commercial land parcel in Cumming, GA, at the Forsyth/Gwinnett county line on Buford Hwy (Hwy 20).
    • 500 ft of Buford Hwy frontage, high visibility, and accessibility.
    • CBD zoning allows diverse commercial uses.
    • 38,800 average daily traffic count.
    • Excellent connectivity: 4 miles from GA Hwy 400, 7 miles from Hwy 985.
    • Strong demographics: Median household income over $160,000, population over 50,000 within 3 miles.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Auto Repair Shop Clothing Store Nail Salon Gym & Fitness Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Cumming
    County
    Forsyth
    State
    Georgia
    Longitude
    -84.098376
    Latitude
    34.131723

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    FAQs

    What type of property is this?
    Land - 8.6 Acres, CBD Zoning, High Traffic Area
    Where is this land located?
    The property is located at 3217 Buford Hwy Cumming, GA.
    What is the asking price?
    The asking price for this property is $3,825,000.
    What are key features of this property?
    This property features: 8.6-acre commercial land parcel in Cumming, GA, at the Forsyth/Gwinnett county line on Buford Hwy (Hwy 20).; 500 ft of Buford Hwy frontage, high visibility, and accessibility.; CBD zoning allows diverse commercial uses.
    (678) 907-7373
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    3217 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
    3217 Buford Hwy Cumming, GA 30041
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