Current Use by Public Records
- Land
Property Details for 0 Magnolia Cmns - Canton Hwy
- Lot size
- 0.93 lot acres
- Property type
- Land
Description
This exceptional 0.93-acre commercial land parcel, located in the thriving Magnolia Commons development on Canton Highway in Cumming, Georgia (zip code 30040), presents a unique investment opportunity. Situated in Forsyth County, this property boasts convenient access to all utilities. The parcel is part of a larger development featuring approximately 11.82 acres total, with four available outparcels. Zoned CBD/General Commercial, this land offers a wide range of development possibilities, including restaurants, banks, retail spaces, self-storage facilities, car washes, and dog daycares. The strategic location benefits from the upcoming GA 20 expansion, projected to increase daily traffic counts from 26,000 to an estimated 38,000 vehicles. This significant infrastructure improvement promises increased visibility and accessibility for businesses operating on this site. The asking price for this exceptional parcel is $1,200,000. Don't miss this chance to secure a prime location in a rapidly growing area. This property offers substantial potential for significant return on investment. Act quickly, as opportunities like this are rare.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cumming
- County
- Forsyth
- State
- Georgia
- Longitude
- -84.219
- Latitude
- 34.2389
