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    Property profile & analytics

    1240 Buford Rd Cumming, GA 30041-2731

    • Community centers
    • 9,522 SF
    • 1.67 lot acres
    OFF-MARKET
    Value Estimation
    $420,000
    Location Intelligence
    Property ID
    US22-1046968
    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

    • Cumming Food Mart / Tobacco Shop / Lottery Shop
    • Smiles For Kids / Pediatric Dentist
    • Powell Zachary J DDS / Dentist
    • Dr. Jyoti Sharma / Pediatric Dentist
    • Jyoti Desh Sharma / Pediatric Dentist

    Property Details for 1240 Buford Rd

    Year built
    1998
    Lot size
    1.67 lot acres
    Property size
    9,522 SF
    Zone code
    CBD
    Property type
    Community centers
    APN
    173 289
    APU
    173289

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $460,000

    • CAP approach

      CAP return
      Estimation
      6%
      $410,000
      6.5%
      $415,000
      7%
      $365,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $420,000
      Geo Method
      $380,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $420,000
      Retail
      $380,000
      Mixed-Use
      $330,000
      Hospitality
      $380,000
      Educational
      $360,000
      Residential Income
      $310,000
      Energy
      $415,000
      Income-Based Land
      $370,000
      Food Service
      $350,000

    Location Insight

    • Map
    • Local Demand
    City
    Cumming
    County
    Forsyth
    State
    Georgia
    Longitude
    -84.1269
    Latitude
    34.1724
    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
    $14,175
    $347,360
    $230,680
    $578,040
    -
    $868,400
    $576,700
    $1,445,100

    Comparable in this City

    • Value Estimation by Request
      18,360 SF

      1370 Buford Hwy

      MINI-MALL • 18,360 SF
      1370 Buford Hwy, Cumming, GA 30041-6582
      View Details
    • Value Estimation by Request
      79,646 SF

      1735 Buford Hwy Ste, Unit 225

      MINI-MALL • 79,646 SF
      1735 Buford Hwy Ste, Cumming, GA 30041-1270
      View Details
    • Value Estimation by Request
      312,095 SF

      525 Buford Dm Rd

      MINI-MALL • 312,095 SF
      525 Buford Dm Rd, Cumming, GA 30041
      View Details
    • Value Estimation by Request
      1,440 SF

      2255 Callaway Ct

      MINI-MALL • 1,440 SF
      2255 Callaway Ct, Cumming, GA 30041-7544
      View Details
    • Value Estimation by Request
      27,294 SF

      1810 Peachtree Pkwy

      MINI-MALL • 27,294 SF
      1810 Peachtree Pkwy, Cumming, GA 30041-6852
      View Details
    • Value Estimation
      $3,110,000
      11,640 SF

      2080 Ronald Reagan Blvd

      MINI-MALL • 11,640 SF
      2080 Ronald Reagan Blvd, Cumming, GA 30041-0202
      View Details

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    • 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
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    Cumming, GA 30041-2731
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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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