Technical
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Property profile

2435 Friendship Cir Cumming, GA 30028

OFF-MARKET
Land
18.97 ac lot
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Property summary

AI-generated overview

This exceptional 18.97-acre commercial land parcel presents a unique investment opportunity in the thriving Cumming, Georgia market. Strategically located northwest of downtown Cumming, this property boasts multiple access points and significant frontage along Canton Highway (Highway 20), ensuring high visibility and accessibility. The land is situated off Highway 20, at the first roundabout heading north on Bethelview Road, which transitions into Friendship Circle. The property's location offers convenient access to major thoroughfares and is primed for various development projects. The site is served by sewer, making it particularly suitable for residential development. The acreage is comprised of three distinct lots: a northern lot of approximately 3.3 acres, a middle lot of approximately 0.85 acres, and a southern lot of approximately 14.82 acres. This allows for flexibility in development plans, catering to a range of project sizes and scopes. The asking price is $3,509,450, representing a price per acre of $185,000. Additional features include frontage on GA 20, Friendship Circle, and Hurt Bridge Road. This property offers significant potential for investors seeking a prime location in a rapidly growing area of Forsyth County. Don't miss this chance to acquire a substantial land holding in a highly desirable location.

Property profile

Verified
Property type Land
Lot 18.97 ac (826,333 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2435 Friendship Cir Cumming, GA 30028
Cumming metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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