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    2238 Peachtree Pkwy Cumming, GA 30041

    • Commercial real estate
    • 2,902 SF
    • 2.44 lot acres
    For Lease
    View listing
    Value Estimation
    $515,000
    Location Intelligence
    Property ID
    US22-0609863
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 2238 Peachtree Pkwy

    Year built
    1981
    Lot size
    2.44 lot acres
    Property size
    2,902 SF
    Zone code
    HB
    Property type
    Commercial real estate
    APN
    111 041
    APU
    111041

    Description

    This exceptional 1-acre commercial land parcel presents a unique opportunity for development in the thriving Cumming, Georgia market. Located at 2238 Peachtree Parkway, Forsyth County, this single-tenant site offers unparalleled potential for businesses seeking a strategic location. The property boasts a convenient address with excellent visibility and accessibility, making it ideal for a wide range of commercial ventures. With a total land area of one acre, the site provides ample space for construction, allowing for flexibility in design and functionality. The property's zoning (not specified) should be verified with Forsyth County to determine permitted uses. This prime location in Cumming offers easy access to major transportation routes, ensuring convenient commutes for employees and customers alike. The area is known for its strong economic growth and vibrant community, providing a supportive environment for businesses of all sizes. This is a rare opportunity to acquire a highly desirable commercial land parcel in a sought-after location. Serious inquiries are encouraged to explore the possibilities this property offers. The property is available for lease. Further details regarding lease terms and conditions are available upon request. The zip code is 30041. The property's latitude and longitude coordinates are 34.1053118 and -84.1781106 respectively.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $510,000

    • CAP approach

      CAP return
      Estimation
      6%
      $640,000
      6.5%
      $580,000
      7%
      $575,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $500,000
      Geo Method
      $640,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $540,000
      Retail
      $555,000
      Mixed-Use
      $590,000
      Hospitality
      $555,000
      Educational
      $690,000
      Residential Income
      $700,000
      Energy
      $525,000
      Income-Based Land
      $535,000
      Food Service
      $555,000

    Location Insight

    • Map
    • Local Demand
    City
    Cumming
    County
    Forsyth
    State
    Georgia
    Longitude
    -84.1781
    Latitude
    34.1054
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $19,969
    $780,800
    $33,548
    $814,348
    -
    $1,952,000
    $83,870
    $2,035,870

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    Cumming, GA 30041
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    Realmo Value Estimation

    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.

    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.

    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
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