Magnolia Cmns - Canton Hwy, Cumming, GA 30040

Property Details for 0 Magnolia Cmns - Canton Hwy

Lot size

1.66 lot acres

Property type

Land

Description

This exceptional 1.66-acre commercial land parcel, situated in the thriving Magnolia Commons development on Canton Hwy in Cumming, Georgia (zip code 30040), presents a remarkable investment opportunity. Located in Forsyth County, this property is part of a larger development featuring four available outparcels. The asking price is $1,179,000. All utilities are readily available, and a shared detention system is in place. The property benefits from its strategic location, with the Georgia Highway 20 expansion projected to significantly increase traffic flow from 26,000 cars per day to an estimated 38,000 cars per day. This increase in traffic volume promises enhanced visibility and accessibility for businesses operating on the site. The parcel is zoned CBD/General Commercial, allowing for a wide range of uses, including restaurants, banks, retail establishments, self-storage facilities, car washes, and dog daycares. This versatile zoning provides significant flexibility for potential developers and investors seeking to capitalize on the area's growth and high traffic counts. The property's location within the bustling Magnolia Commons development offers excellent visibility and accessibility, making it an ideal location for a variety of commercial ventures. This is a rare opportunity to acquire a prime commercial land parcel in a rapidly developing area of Forsyth County.

Location Insight

City

Cumming

County

Forsyth

State

Georgia

Longitude

-84.2198

Latitude

34.2398