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    OFF-MARKET
    Land

    6470 Wallace Tatum Rd, Cumming, GA 30028

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    Property summary
    AI-generated overview

    This exceptional commercial land offering presents a unique investment opportunity in the rapidly expanding Forsyth County, Georgia. Encompassing a total of 6.96 acres (5.69 acres and 1.27 acres), this property boasts prominent frontage on two high-traffic highways, ensuring maximum visibility and accessibility for any commercial venture. The land is zoned CBD, opening doors to a wide array of development possibilities, including retail centers, shopping complexes, hotels, or even a car wash. Its flat topography simplifies construction, and an existing retention pond is already in place. The strategic location offers significant advantages, with proximity to Matt Community Park, a fire station, and thriving residential developments, guaranteeing a robust customer base. The high volume of daily traffic necessitates a thorough traffic study, which is the responsibility of the prospective buyer. This property is being offered for sale by owner at $1,700,000. Don't miss this chance to capitalize on the explosive growth of Forsyth County and secure a prime location for your next commercial project. The address is 6470 Wallace Tatum Rd, Cumming, GA 30028.

    Property profile
    Verified
    Property type Land
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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