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    575 Atlanta Rd Cumming, GA 30040

    Sponsored
    For Sale
    Contact for pricing

    Vacant land, high traffic, retail hub.

    Property size:
    17,424 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.4-acre commercial land parcel presents a unique investment opportunity in the thriving Cumming, Georgia market. Located at 575 Atlanta Rd, Forsyth County, zip code 30040 (34.1893912, -84.139699), this vacant lot boasts a strategic location benefiting from high traffic counts on Atlanta Road (13,712 cars per day) and Veterans Memorial Boulevard (19,113 cars per day). The property's 17,424 square feet offer significant potential for development, ideally suited for retail use given its proximity to major retailers and a strong residential base. The area enjoys robust growth projections, with a 3.3% annual population increase anticipated from 2022 to 2027. This translates to a consistently expanding customer base for any new retail venture. The site's immediate surroundings include a mix of established national brands such as Publix, Hobby Lobby, Planet Fitness, Target, Kohl's, Sprouts, Harbor Freight, Big Lots, Dollar Tree, Sally Beauty, Lowe's, JoAnn Fabrics, and numerous fast-food chains including Burger King, Arby's, and Wendy's. A nearby shopping center attracts over one million visitors annually, further enhancing the property's visibility and potential. Its convenient access to I-19 and Highway 20 provides excellent connectivity and accessibility for customers and employees. This property is an ideal location for businesses seeking high visibility and a strong customer base in a rapidly growing area.

    Property Features for 575 Atlanta Rd

    General Information

    Property type
    Retail properties
    Square Feet
    17,424 SF

    HighLights

    • 17,424 SF vacant commercial land parcel in Cumming, GA.
    • Excellent location with high traffic counts on Atlanta Rd (13,712 CPD) and Veterans Memorial Blvd (19,113 CPD).
    • Close proximity to I‑19 and Hwy 20, situated in a major retail area with national brands.
    • Strong demographics, with a projected 3.3% annual population growth (2022‑2027).
    • High‑traffic retail environment, across from a shopping center drawing over 1 million annual visitors.
    Property Profile Location Intelligence

    Current Use by Public Records

    Strickland Brothers 10 ... Oil Change Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Cumming
    County
    Forsyth
    State
    Georgia
    Longitude
    -84.139699
    Latitude
    34.1893912

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    FAQs

    What type of property is this?
    Retail property - Vacant land, high traffic, retail hub.
    Where is this retail property located?
    The property is located at 575 Atlanta Rd Cumming, GA.
    What are key features of this property?
    This property features: 17,424 SF vacant commercial land parcel in Cumming, GA.; Excellent location with high traffic counts on Atlanta Rd (13,712 CPD) and Veterans Memorial Blvd (19,113 CPD).; Close proximity to I-19 and Hwy 20, situated in a major retail area with national brands.
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    575 Atlanta Rd 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
    575 Atlanta Rd Cumming, GA 30040
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