0 Magnolia Cmns - Canton Hwy Cumming, GA 30040
This exceptional 1.13-acre commercial land parcel, situated within the thriving Magnolia Commons development in Cumming, Georgia, presents a remarkable investment opportunity. Located on Canton Highway, this property boasts a prime location with excellent visibility and accessibility. The parcel is zoned CBD/General Commercial, allowing for a diverse range of uses including restaurants, banks, retail establishments, self-storage facilities, car washes, and dog daycares. All utilities are readily available, simplifying development and operational costs. The property benefits from its inclusion in a larger development with four available outparcels, offering potential for synergy and collaborative growth. Furthermore, the upcoming expansion of GA 20 is projected to significantly increase traffic volume from 26,000 cars per day to an estimated 38,000, further enhancing the property's commercial viability and attracting a larger customer base. The asking price for this strategically located and versatile commercial land is $1,500,000. This represents a compelling investment in a rapidly growing area of Forsyth County, Georgia, with significant potential for future appreciation. The shared detention system within the development ensures efficient and cost-effective infrastructure management. Don't miss this chance to secure a prime piece of commercial real estate in a high-growth market. The zip code is 30040.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.