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    312 Canton Rd Cumming, GA 30040

    Sponsored
    For Sale
    $1,799,000

    Prime Cumming location, drive-thru, high traffic.

    Property size:
    2,861 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, located at 312 Canton Road in Cumming, Georgia, presents a unique investment opportunity. The 2,861 square foot building, constructed in 2002, sits on a one-acre lot and boasts a highly desirable drive-thru feature – a rare asset in this competitive market. Situated in a high-traffic area of Cumming, this property benefits from significant daily vehicle counts, ideal for a restaurant or similar business. Its proximity to Cumming City Hall further enhances its visibility and accessibility. The property's location shows strong growth potential, making it an attractive prospect for businesses seeking a thriving commercial environment. The asking price is $1,799,000. While the cap rate is currently listed as 0.00%, further due diligence is recommended to determine the precise return on investment. This property offers a compelling combination of location, features, and growth potential, making it a noteworthy addition to any investment portfolio. Serious inquiries are encouraged.

    Property Features for 312 Canton Rd

    General Information

    Property type
    Retail properties
    Square Feet
    2,861 SF
    Lot Size
    43,560 SF

    Building Details

    Year Built
    2002
    Buildings
    1

    HighLights

    • $1,799,000 asking price.
    • 2,861 square foot retail building.
    • Located at 312 Canton Road, Cumming, GA 30040.
    • Built in 2002 on a 1‑acre lot.
    • Features a drive‑thru.
    • High traffic count and growth potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Cumming
    County
    Forsyth - GA
    State
    Georgia
    Longitude
    -84.1447792
    Latitude
    34.2112657

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    FAQs

    What type of property is this?
    Retail property - Prime Cumming location, drive-thru, high traffic.
    Where is this retail property located?
    The property is located at 312 Canton Rd Cumming, GA.
    What is the asking price?
    The asking price for this property is $1,799,000.
    What are key features of this property?
    This property features: $1,799,000 asking price.; 2,861 square foot retail building.; Located at 312 Canton Road, Cumming, GA 30040.
    Request Owner's contact information
    312 Canton 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
    312 Canton Rd Cumming, GA 30040
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