3616 Canton Hwy Cumming, GA 30040
- Commercial land
- 3.47 lot acres
Current Use by Public Records
- Commercial land
Property Details for 3616 Canton Hwy
- Year built
- 1946
- Lot size
- 3.47 lot acres
- Zone code
- CBD
- Property type
- Commercial land
- APN
- 031 116
- APU
- 31116
Description
This exceptional 3.4-acre commercial land parcel presents a remarkable investment opportunity in the thriving Cumming, Georgia market. Strategically located at a signalized intersection of Canton Highway and Tribble Road, this property boasts significant frontage on both major thoroughfares. The site benefits from a high average daily traffic count of 16,100 vehicles on Canton Highway, ensuring exceptional visibility and accessibility for any commercial venture. Zoned CBD (Central Business District) within Forsyth County, this versatile land allows for a wide range of development possibilities. The property features rolling topography and includes existing infrastructure such as a detention pond, stormwater runoff management, some curbing, and sewer lines already in place, significantly reducing development costs and timelines. Furthermore, the area is experiencing substantial growth, with key residential developments currently underway, promising a strong and expanding customer base. The property's location within the highly sought-after Forsyth County school district, serving Sawnee Elementary, Liberty Middle, and West Forsyth High schools, adds further appeal. This is a rare opportunity to acquire a prime commercial site in a rapidly growing area with excellent infrastructure and high visibility. The asking price is $3,400,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cumming
- County
- Forsyth
- State
- Georgia
- Longitude
- -84.2275
- Latitude
- 34.2396
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA