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    OFF-MARKET
    Land

    3530 Dahlonega Hwy, Cumming, GA 30028

    2.63 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.63+/- acre commercial land parcel presents a significant investment opportunity in Cumming, Georgia. Located at 3530 Dahlonega Hwy, this property boasts over 300 feet of road frontage, providing excellent visibility and accessibility. Zoned A1, it's ideally situated adjacent to the burgeoning Coal Mountain Town Center, a nearly 140-acre mixed-use development currently under construction. This new town center, featuring retail, office, and residential components, including a luxury resort-style community by Toll Brothers, is projected to significantly increase the area's population and commercial activity. The property's location offers easy access to major highways and popular shopping destinations. The existing home on the property, while relatively new, is secondary to the land's substantial commercial potential. The APN is 216-000-046, and the asking price is $1,514,550, or $575,000 per acre. This property may be included as part of an assemblage with an adjacent 1.04+/- acre parcel. This presents a rare chance to capitalize on the explosive growth anticipated in this prime North Georgia location. The property is owned by a trust and offers huge potential for developers and investors seeking a foothold in a rapidly expanding market. The Coal Mountain Town Center project, approved in 2022 by Forsyth County Commissioners, includes over 700 housing units and a diverse range of commercial spaces, creating a vibrant and thriving community. This is a unique opportunity to be part of a dynamic and rapidly developing area.

    Property profile
    Verified
    Property type Land
    Lot 2.63 ac (114,563 SF)
    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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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