Current Use by Public Records
- Land
Property Details for Cumming GA 30040 Magnolia Cmns - Canton Hwy
- Lot size
- 1.30 lot acres
- Property type
- Land
Description
This exceptional 1.3-acre commercial land parcel, situated in the thriving Magnolia Commons development on Canton Highway in Cumming, Georgia (zip code 30040), presents a remarkable investment opportunity. Located in Forsyth County, this property offers unparalleled access to major thoroughfares and a high-traffic area. The parcel is part of a larger development with four available outparcels, providing potential for synergy and collaborative growth. All utilities are readily available, simplifying development and construction. The property benefits from a shared detention system, streamlining infrastructure needs. 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, promising increased visibility and accessibility for any future business. The zoning designation of CBD/General Commercial allows for a wide range of uses, including restaurants, banks, retail establishments, self-storage facilities, car washes, and dog daycares, offering considerable flexibility for potential buyers. The asking price for this strategically located parcel is $1,300,000. Don't miss this chance to secure a prime piece of commercial real estate in a rapidly growing area.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cumming
- County
- Forsyth
- State
- Georgia
- Longitude
- -84.1752
- Latitude
- 34.2041
