Magnolia Cmns - Canton Hwy Cumming, GA 30040
- Land
- 1.13 lot acres
Current Use by Public Records
- Land
Property Details for 0 Magnolia Cmns - Canton Hwy
- Lot size
- 1.13 lot acres
- Property type
- Land
Description
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cumming
- County
- Forsyth
- State
- Georgia
- Longitude
- -84.219
- Latitude
- 34.2389
