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    6490 Matt Hwy Cumming, GA 30028

    For Sale
    $1,095,000

    5-Acre Commercial Site, $1.095M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 5-acre development site, located at 6490 Matt Highway in Cumming, Georgia (zip code 30028), presents a compelling investment opportunity. Situated in Forsyth County, this property is ideally suited for a retail center, with ample space for out-parcels perfect for fast-food restaurants. The asking price is $1,095,000, representing a significant price reduction from the original listing. The property's location within a strong growth area, characterized by several recently developed subdivisions and shopping centers, ensures high visibility and potential for strong returns. Furthermore, the Forsyth County future land use plan designates this property for commercial use, providing long-term development certainty. The site's coordinates are 34.3000339 latitude and -84.178747 longitude. This strategic location, combined with the favorable zoning and robust market conditions, makes this a rare opportunity to acquire a prime development parcel in a thriving Georgia community. The property is easily accessible from Matt Highway, offering excellent visibility and convenient access for potential tenants and customers. This is an exceptional opportunity for developers seeking a high-potential investment in a rapidly growing area. Don't miss this chance to secure a prime piece of commercial real estate in Cumming, Georgia.

    Property Features for 6490 Matt Hwy

    General Information

    Property type
    Land
    Lot Size
    217,800 SF

    HighLights

    • 5‑acre development site in Cumming, GA (30028), priced at $1,095,000.
    • Ideal for a retail center with out‑parcels for fast‑food restaurants.
    • Located in Forsyth County's strong growth area, near new subdivisions and shopping centers.
    • Forsyth County's future land use plan designates the site for commercial use.
    • Excellent visibility and accessibility from Matt Highway.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Cumming
    County
    Forsyth
    State
    Georgia
    Longitude
    -84.178747
    Latitude
    34.3000339

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    FAQs

    What type of property is this?
    Land - 5-Acre Commercial Site, $1.095M
    Where is this land located?
    The property is located at 6490 Matt Hwy Cumming, GA.
    What is the asking price?
    The asking price for this property is $1,095,000.
    What are key features of this property?
    This property features: 5-acre development site in Cumming, GA (30028), priced at $1,095,000.; Ideal for a retail center with out-parcels for fast-food restaurants.; Located in Forsyth County's strong growth area, near new subdivisions and shopping centers.
    (678) 320-4800
    Request Owner's contact information
    6490 Matt Hwy Cumming, GA 30028
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    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
    6490 Matt Hwy Cumming, GA 30028
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