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    5692 Castleberry Rd Cumming, GA 30040

    Sponsored
    For Sale
    $4,530,650

    11.47 Acres, Potential Commercial Development

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 11.47-acre land assemblage in Cumming, Georgia presents a compelling investment opportunity. Comprising two parcels (APN 083-026 & 083-069), located at 5692 and 5702 Castleberry Road, this property offers significant potential for commercial development. The assemblage boasts approximately 517 feet of road frontage on Castleberry Road, conveniently situated near the intersection of Castleberry Road and Bethelview Road. One parcel encompasses approximately 5.47 acres, while the other is roughly 6 acres. Currently zoned AG (Agricultural), the property is being marketed for its potential commercial use. While sewer lines are estimated to be approximately 300 feet from the property, this detail requires further verification. Access to the property is strictly by appointment only

    Property Features for 5692 Castleberry Rd

    General Information

    Property type
    Farms

    HighLights

    • 11.47‑acre land assemblage in Cumming, GA.
    • Two assembled parcels (APN 083‑026 & 083‑069).
    • Addresses: 5692 & 5702 Castleberry Road.
    • 517± feet of road frontage on Castleberry Road.
    • Located near Castleberry & Bethelview Roads intersection.
    • Sewer lines estimated 300 feet from property (verification needed).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Cumming
    County
    Forsyth
    State
    Georgia
    Longitude
    -84.1918697
    Latitude
    34.1710291

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    FAQs

    What type of property is this?
    Farm - 11.47 Acres, Potential Commercial Development
    Where is this farm located?
    The property is located at 5692 Castleberry Rd Cumming, GA.
    What is the asking price?
    The asking price for this property is $4,530,650.
    What are key features of this property?
    This property features: 11.47-acre land assemblage in Cumming, GA.; Two assembled parcels (APN 083-026 & 083-069).; Addresses: 5692 & 5702 Castleberry Road.
    Request Owner's contact information
    5692 Castleberry Rd Cumming, GA 30040
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    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
    5692 Castleberry Rd Cumming, GA 30040
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