Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    105 Enterprise Dr Cumming, GA 30040

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Flex/Warehouse Suites - Newly Renovated

    Lot size:
    62,425 SF

    Property Features for 105 Enterprise Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    62,425 SF
    Total Rate
    70228.13

    Building Details

    Year Built
    2004
    Buildings
    6
    Stories
    1

    Spaces For Lease

    at 105 Enterprise Dr, Cumming, GA 30040 Contact us
    Unit Building 155 - Suite C

    $14 /Mo

    Size
    1,125 SF
    Contact us
    Unit Building 125 - Suite H

    $14 /Mo

    Size
    1,500 SF
    Contact us
    Unit Building 145 - Suite A

    $14 /Mo

    Size
    1,125 SF
    Contact us
    Unit Building 135 - Suite A

    $13 /Mo

    Size
    1,250 SF
    Contact us
    Unit Building 135 - Suite B

    $13 /Mo

    Size
    1,250 SF
    Contact us
    Unit Building 135 - Suite C

    $14 /Mo

    Size
    1,500 SF
    Contact us
    Unit Building 145 - Suite B

    $14 /Mo

    Size
    1,125 SF
    Contact us
    Show more

    We can help!

    Listing Contact
    Jason Chaliff
    Jason Chaliff

    Listing Agent: Jason Chaliff

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 62,425 square foot industrial park, located at 105 Enterprise Dr, Cumming, GA 30040, offers 46 newly renovated flex and warehouse suites for lease. The property, built in 2004 and situated on 6.3 acres, features six single-story buildings zoned Light Industrial (M1). Each suite boasts a minimum size of 1,125 square feet, with a maximum contiguous space of 1,500 square feet. Improvements include 16-foot ceilings, a 10' x 12' drive-in door per suite, private bathrooms, private offices, and storefront entrances. The property provides ample parking with 105 spaces and 46 convenient drive-in bays. Its strategic location offers easy access to US Hwy 19, making it an ideal location for businesses needing efficient distribution and convenient access to major transportation routes. The property is perfect for a variety of businesses seeking flexible and modern industrial space. This is a rare opportunity to secure high-quality, recently renovated space in a thriving industrial area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    SOS PLUMBING Plumbing Service SimpleOnTimeSolutions LLC Plumbing Service Southern Auto Color Auto Repair Shop ProWheelBuilder (Bike/Boat/Book/etc) Store Meadow Center Shopping Center & Mall

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Law Firm Hair Salon Dental Office Nail Salon Building Supply Pharmacy Big Box & Wholesale Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Cumming
    County
    Forsyth
    State
    Georgia
    Longitude
    -84.1372816
    Latitude
    34.2010786

    Nearby Similar for Lease

    • $2,500 /Mo
      57,064 SF

      Commercial Property Near Dahlonega Highway

      3200 SF commercial space with basement near Dahlonega Highway.
      6690 Dahlonega Hwy, Cumming, GA 30028
      View Details
    • $3,000 /Mo
      12,260 SF

      Retail/Office Space in Cumming, GA

      Versatile space suitable for retail or commercial use in Cumming.
      3915 Towne Club Pkwy, Cumming, GA 30041
      View Details
    • $2,100 /Mo
      1,154 SF

      Renovated Office Suite in Cumming

      Well-maintained office suite in a prime Cumming location.
      6045 Southard Trce, Cumming, GA 30040
      View Details
    • $26 SF/Yr
      8,054 SF

      Medical/Office Space For Lease

      Medical/Office space available in Cumming, GA, near hospitals.
      979 Peachtree Pkwy, Cumming, GA 30041
      View Details
    • $27 SF/Yr
      141,042 SF

      Forsyth Office Building For Rent

      141,042 SF office building with dining and retail access.
      410 Peachtree Pkwy, Cumming, GA 30041
      View Details
    • Contact for pricing
      2,138 SF

      Retail Space in Cumming, GA

      Retail space available for lease in Cumming, Georgia.
      985 Market Place Blvd, Cumming, GA 30041
      View Details
    • Contact for pricing
      2,400 SF

      Former QSR with Drive-Thru

      2,400 SF former QSR with drive-thru available for rent.
      345 Peachtree Pkwy, Cumming, GA 30041
      View Details
    • Contact for pricing
      3,900 SF

      Cumming Retail Space For Lease

      Retail space available in Cumming Marketplace shopping center.
      900-911 Market Place Blvd, Cumming, GA 30041
      View Details
    • $14 SF/Yr
      4,590 SF

      Prime Cumming Office Space

      2,400 SF Office Suite Available Now
      407 Maple St, Cumming, GA 30040
      View Details
    • Contact for pricing
      36,360 SF

      Sharon Promenade Retail Space

      Cumming, GA: Prime Retail Opportunity
      1465-1485 Peachtree Pkwy, Cumming, GA 30041
      View Details
    • Contact for pricing
      62,264 SF

      Vickery Village: Prime Office Space

      Class A Office, Retail & Restaurant Space
      5855 Vickery St, Cumming, GA 30040
      View Details
    • $13 SF/Yr
      1,100 SF

      Olde Towne Retail Suite D

      Downtown Cumming retail space, 1,100 sq ft.
      216 Atlanta Rd, Cumming, GA 30040
      View Details

    FAQs

    What type of property is this?
    Distribution property - Flex/Warehouse Suites - Newly Renovated
    Where is this distribution property located?
    The property is located at 105 Enterprise Dr Cumming, GA.
    What is the lease rate?
    The lease rate is $13-$14 SF/Yr.
    What are key features of this property?
    This property features: Light Industrial (M1) Zoning.; 16' Clear Height.; 10' x 12' Drive-in Doors.
    (404) 483-4477 Call to check price and availability
    Request Owner's contact information
    105 Enterprise Dr Cumming, GA 30040
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    105 Enterprise Dr
    Cumming, GA 30040
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    105 Enterprise Dr Cumming, GA 30040
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jason Chaliff
    Jason Chaliff
    (404) 483-4477
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!