3534 Dahlonega Hwy Cumming, GA 30028
This exceptional 1.04-acre commercial lot presents a significant investment opportunity in Cumming, Georgia. Located at 3534 Dahlonega Highway, this property boasts a prime location adjacent to the burgeoning Coal Mountain Town Center, a large-scale development currently under construction. The property is zoned A1 and features a 1,416 square foot building constructed in 1958. This building is currently rented, and interior access is unavailable without prior arrangement. The Coal Mountain Town Center, spanning nearly 140 acres, is designed to mirror successful mixed-use developments in other areas of metro Atlanta, offering a blend of retail, office, and residential spaces. This development includes a luxury residential community by Toll Brothers, featuring townhomes and single-family residences, and will provide residents with convenient access to shops, restaurants, and recreational amenities. The Town Center's strategic location near major highways and established shopping areas positions it for significant growth and community engagement. This 1-acre outparcel offers exceptional potential for commercial development within this rapidly expanding area, presenting a unique opportunity to capitalize on the growth of the Coal Mountain Town Center. The property's APN is 216-000-261. The asking price for this property is $575,000. This property is also adjacent to a 2.63-acre tract, creating a potential 3.64-acre assemblage.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.