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    1564 Peachtree Pkwy Cumming, GA 30041

    Sponsored
    For Lease
    Contact for pricing

    1.8 Acres, 16,000 SF Potential

    Lot size:
    16,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.8-acre commercial land parcel, located at 1564 Peachtree Parkway in Cumming, Georgia, presents a unique opportunity for businesses seeking a prominent Forsyth County location. Zoned for retail development, this single-tenant property offers up to 16,000 square feet of buildable space, providing ample room for a variety of commercial ventures. The property's address is 1564 Peachtree Pkwy, Cumming, GA 30041, offering excellent visibility and accessibility. Its convenient location within Forsyth County ensures easy access to major transportation routes, attracting a substantial customer base. The expansive 1.8 acres provide ample space for development, allowing for flexibility in design and layout to suit specific business needs. This is an ideal site for businesses seeking a high-profile location with significant development potential. The property is ready for immediate development, offering a streamlined path to establishing a thriving commercial presence in a rapidly growing area. With its strategic location and substantial buildable area, this property represents a compelling investment opportunity for discerning businesses. The property's size and zoning make it suitable for a wide range of commercial uses, ensuring a diverse pool of potential tenants or owner-operators. This is a rare opportunity to acquire a significant commercial land parcel in a desirable Forsyth County location.

    Property Features for 1564 Peachtree Pkwy

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,000 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    0 SF

    HighLights

    • 1.8‑acre commercial land parcel with 36,000 VPD visibility on Peachtree Parkway.
    • Strategically located across from a high‑performing Kroger, with easy GA‑400 access.
    • Exceptional demographics: average household income of $223,498 annually.
    • Prime location in Cumming, a rapidly growing Atlanta suburb; zoned for retail, up to 16,000 sq ft buildable.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Cumming
    County
    Forsyth
    State
    Georgia
    Longitude
    -84.172287
    Latitude
    34.123008

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    FAQs

    What type of property is this?
    Land - 1.8 Acres, 16,000 SF Potential
    Where is this land located?
    The property is located at 1564 Peachtree Pkwy Cumming, GA.
    What are key features of this property?
    This property features: 1.8-acre commercial land parcel with 36,000 VPD visibility on Peachtree Parkway.; Strategically located across from a high-performing Kroger, with easy GA-400 access.; Exceptional demographics: average household income of $223,498 annually.
    Request Owner's contact information
    1564 Peachtree Pkwy 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
    1564 Peachtree Pkwy Cumming, GA 30041
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