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    Magnolia Cmns - Canton Hwy Cumming, GA 30040

    Sponsored
    For Sale
    $1,200,000

    0.93-acre lot, ideal for development

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    This exceptional 0.93-acre commercial land parcel, located in the thriving Magnolia Commons development on Canton Highway in Cumming, Georgia (zip code 30040), presents a unique investment opportunity. Situated in Forsyth County, this property boasts convenient access to all utilities. The parcel is part of a larger development featuring approximately 11.82 acres total, with four available outparcels. Zoned CBD/General Commercial, this land offers a wide range of development possibilities, including restaurants, banks, retail spaces, self-storage facilities, car washes, and dog daycares. The strategic location benefits from the upcoming GA 20 expansion, projected to increase daily traffic counts from 26,000 to an estimated 38,000 vehicles. This significant infrastructure improvement promises increased visibility and accessibility for businesses operating on this site. The asking price for this exceptional parcel is $1,200,000. Don't miss this chance to secure a prime location in a rapidly growing area. This property offers substantial potential for significant return on investment. Act quickly, as opportunities like this are rare.

    Property Features for 0 Magnolia Cmns - Canton Hwy

    General Information

    Property type
    Land
    Lot Size
    40,511 SF

    HighLights

    • $1,200,000 asking price.
    • 0.93‑acre commercial land parcel.
    • Located in Cumming, Forsyth County, Georgia, at Magnolia Commons on Canton Highway (zip code 30040).
    • Zoned for general commercial use, allowing for restaurants, banks, retail, self‑storage, car washes, and dog daycares.
    • All utilities available; shared detention.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cumming
    County
    Forsyth
    State
    Georgia
    Longitude
    -84.218990795486
    Latitude
    34.238941584739

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    FAQs

    What type of property is this?
    Land - 0.93-acre lot, ideal for development
    Where is this land located?
    The property is located at Magnolia Cmns - Canton Hwy Cumming, GA.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: $1,200,000 asking price.; 0.93-acre commercial land parcel.; Located in Cumming, Forsyth County, Georgia, at Magnolia Commons on Canton Highway (zip code 30040).
    (678) 429-1990
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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.

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    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
    Magnolia Cmns - Canton Hwy Cumming, GA 30040
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