Magnolia Commons - Canton Highway Cumming, GA 30040

Listing agency Atlanta Land Group m***@atlantalandgroup.com Show Phone

Listed by Mike Cahalan · License #313258

Source Crexi

Added: Aug 11, 2024 Updated: Jul 6 at 8:40AM Checked: Jul 19 at 2:45AM

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Investment Insights

Based on property information with market context.

This property features approximately 11.82 acres of commercial land. It consists of four available outparcels located in Forsyth County. All utilities are available, and shared detention is in place. The expansion of Georgia 20 is planned to increase traffic from 26,000 cars per day (CPD) to an estimated 38,000 CPD. The parcels are zoned CBD/General Commercial Use, suitable for various businesses including restaurants, banks, retail, self-storage facilities, car washes, and dog day care centers.

Key Highlights

• High Traffic Location: GA 20 expansion projected to increase traffic.
• Development Potential: 11.82 acres with 4 outparcels available.
• Zoned CBD/General Commercial Use: Suitable for various businesses.

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FAQs

What type of property is this?

Commercial land - 11.82 acres of commercial land in Forsyth County.

Where is this commercial land located?

The property is located at Magnolia Commons - Canton Highway Cumming, GA.

What is the asking price?

The asking price for this property is $1,250,000.

What are key features of this property?

This property features: High Traffic Location: GA 20 expansion projected to increase traffic.; Development Potential: 11.82 acres with 4 outparcels available.; Zoned CBD/General Commercial Use: Suitable for various businesses.