Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2929 Buford Hwy Cumming, GA 30041
    Property profile & analytics

    2929 Buford Hwy, Cumming, GA 30041

    View on Map
    • Retail properties & Spaces
    • 0.87 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 2929 Buford Hwy

    Year built
    2024
    Lot size
    0.87 lot acres
    Property type
    Retail properties & Spaces
    Property subtype
    Bars & Pubs

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cumming
    County
    Forsyth - GA
    State
    Georgia
    Longitude
    -84.1025
    Latitude
    34.1386

    Comparable in this City

    • Value Estimation by Request
      565,000 SF

      410 Peachtree Pkwy

      Restaurants
      410 Peachtree Pkwy, Cumming, GA 30041
      View Details
    • Value Estimation by Request
      3.20 Acres

      2675 Peachtree Pkwy

      Day care centers
      2675 Peachtree Pkwy, Cumming, GA 30041
      View Details
    • Value Estimation by Request
      4.87 Acres

      3020 Keith Bridge Rd

      Individual retail properties
      3020 Keith Bridge Rd, Cumming, GA 30041
      View Details
    • Value Estimation by Request
      750 SF

      415 Peachtree Pkwy

      Restaurants
      415 Peachtree Pkwy, Cumming, GA 30041
      View Details
    • Value Estimation by Request
      3,000 SF

      Over $65K Owner Benefit For Cumming Franchise Seafood Restaurant For Sale!

      Restaurants
      0 Over $65K Owner Benefit For Cumming Franchise Seafood Restaurant For Sale!, Cumming, GA 30041
      View Details
    • Value Estimation by Request
      1,400 SF

      1595 Peachtree Pkwy

      Restaurants
      1595 Peachtree Pkwy, Cumming, GA 30041
      View Details

    Similar Nearby for Sale

    • $395,000
      0.71 Acres

      Commercial Land in Cumming, GA

      0.71 acre commercial land with high traffic exposure.
      Buford Hwy, Cumming, GA 30041
      View Details
    • Contact for pricing
      13,502 SF

      Retail/Office Space Near Country Club

      13,502 SF retail/office space in Cumming, GA for sale.
      4415 Front Nine Dr, Cumming, GA 30041
      View Details
    • $1,200,000
      2.50 Acres

      Renovated Residence with Outdoor Infrastructure

      2.5-acre property with renovated residence and functional outdoor infrastructure.
      1910 Melodie Ln, Cumming, GA 30041
      View Details
    • Contact for pricing
      10,084 SF

      Retail Center on Peachtree Parkway

      New retail center in a high-growth Atlanta suburb.
      580 Peachtree Pkwy, Cumming, GA 30041
      View Details
    • $6,995,000

      New Retail Center on Peachtree

      Newly constructed retail center in affluent, high-traffic area.
      580 Peachtree Pkwy, Cumming, GA 30041
      View Details
    • Contact for pricing
      4,117 SF

      Mister Car Wash Investment Opportunity

      NNN leased Mister Car Wash in Cumming, Georgia.
      1780 Buford Hwy, Cumming, GA 30041
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,080 SF

      Cumming, GA Restaurant with Drive-Thru

      Prime Retail Space, 3080 sq ft, Drive-Thru
      2405 Peachtree Pkwy, Cumming, GA 30041
      View Details
    • Contact for pricing

      Restaurant Spaces in Cumming, GA

      Restaurant spaces available in a busy Cumming shopping center.
      2475 Market Place Blvd, Cumming, GA 30041
      View Details
    • Contact for pricing
      2,400 SF

      Former QSR with Drive-Thru

      2,400 SF former QSR with drive-thru available for rent.
      345 Peachtree Pkwy, Cumming, GA 30041
      View Details
    • Contact for pricing
      2,138 SF

      Retail Space in Cumming, GA

      Retail space available for lease in Cumming, Georgia.
      985 Market Place Blvd, Cumming, GA 30041
      View Details
    • $3,000 /Mo
      12,260 SF

      Retail/Office Space in Cumming, GA

      Versatile space suitable for retail or commercial use in Cumming.
      3915 Towne Club Pkwy, Cumming, GA 30041
      View Details
    • Contact for pricing

      Industrial Flex Units Available

      Two move-in ready industrial flex units for lease.
      4875 Warehouse Way, Cumming, GA 30041
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2929 Buford Hwy
    Cumming, GA 30041
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2929 Buford Hwy, Cumming, GA, 30041
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!