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    Corners Pkwy Cumming, GA 30040

    For Sale
    $2,500,000

    5.7 Acres, Highway Business Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 5.7-acre commercial land parcel in Cumming, Georgia, is priced at $2,500,000 and offers significant development potential. Zoned Highway Business (HB), it enjoys a prime location minutes from Highway 400 Exit 15 and within walking distance of Cumming's City Center. The property is already approved for a 30-townhome development, with the detention pond completed and all utilities readily accessible. Located in Forsyth County, one of the fastest-growing areas in the Atlanta metro, this land presents a rare opportunity in a market with limited commercial inventory. Its proximity to the recently constructed City Center Live/Work/Play complex further enhances its appeal. The site is ideal for investors seeking immediate and long-term returns, benefiting from Cumming's robust growth and the increasing demand for housing in this thriving community. Owner financing is available for qualified buyers. This property is ready for immediate development and represents a compelling investment opportunity.

    Property Features for 0 Corners Pkwy

    General Information

    Property type
    Land
    Lot Size
    248,292 SF

    Building Details

    Year Built
    2024
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cumming
    County
    Forsyth - GA
    State
    Georgia
    Longitude
    -84.1524422
    Latitude
    34.2161176

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    FAQs

    What type of property is this?
    Land - 5.7 Acres, Highway Business Zoning
    Where is this land located?
    The property is located at Corners Pkwy Cumming, GA.
    What is the asking price?
    The asking price for this property is $2,500,000.
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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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    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
    Corners Pkwy Cumming, GA 30040
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