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    Lanier 400 Pkwy Cumming, GA 30040

    For Sale
    $595,000

    1-Acre C-3 Zoned Lot, Ready to Build

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1-acre commercial lot, zoned C-3, presents a unique investment opportunity in Cumming, Georgia. Ideally situated next to the Cumming Family Medicine building and adjacent to a Juvenile Justice building, this property offers high visibility and convenient access. The lot is ready for immediate development, allowing for the construction of an office building or similar commercial structure. Access to the property is provided via an easement through the existing Medical Building's parking area, ensuring convenient ingress and egress. The property's location benefits from its proximity to established businesses and key infrastructure, making it an attractive proposition for developers and investors seeking a strategic location in a thriving community. The Forsyth County parcel, identified by Map No. C35 009, boasts a low annual property tax of $4,135.00. This represents a significant opportunity to capitalize on the growing commercial sector in Cumming, Georgia. The site's zoning and strategic placement make it an ideal location for a variety of commercial ventures. Serious inquiries are encouraged to explore the potential of this exceptional property. The address is 0 Lanier 400 Pkwy, Cumming, GA 30040.

    Property Features for 0 Lanier 400 Pkwy

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • $595,000 asking price for 1‑acre commercial lot.
    • C‑3 zoning.
    • Located in Cumming, GA, Forsyth County, zip code 30040.
    • Adjacent to Cumming Family Medicine and Juvenile Justice buildings.
    • Access via easement from the medical building's parking area.
    • Annual property taxes: $4,135.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cumming
    County
    Forsyth
    State
    Georgia
    Longitude
    -84.1215126
    Latitude
    34.2143003

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    FAQs

    What type of property is this?
    Land - 1-Acre C-3 Zoned Lot, Ready to Build
    Where is this land located?
    The property is located at Lanier 400 Pkwy Cumming, GA.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: $595,000 asking price for 1-acre commercial lot.; C-3 zoning.; Located in Cumming, GA, Forsyth County, zip code 30040.
    (678) 320-4800
    Request Owner's contact information
    Lanier 400 Pkwy Cumming, GA 30040
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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
    Lanier 400 Pkwy Cumming, GA 30040
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