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Property profile

1345 Ronald Reagan Blvd Cumming, GA 30041

OFF-MARKET
Office Spaces
Property ID
US22-1398822
View Sample
2,268 SF 0.83 ac lot Built 1987

Property summary

AI-generated overview

This exceptional 0.829-acre property at 1345 Ronald Reagan Blvd, Cumming, GA 30041, presents a unique investment opportunity. Currently zoned R2R and featuring a fully occupied two-unit duplex (2,268 square feet), this property is undergoing rezoning for commercial use. A new survey, topographic map, and commercial site plan are available, streamlining the development process. The property's ideal location directly across from Northside Hospital Forsyth campus offers unparalleled access to a thriving medical community, along with nearby shops, restaurants, and businesses. Its proximity to GA 400 (via Buford Hwy/GA-20) ensures excellent accessibility. The property boasts road frontage along the S. Forsyth Commercial Corridor and Ronald Reagan Blvd, positioning it within Cumming's institutional and highway business districts. While currently zoned R2R, it's the only residential property on Ronald Reagan Blvd, situated within a residential area but adjacent to a major commercial area. This makes it an attractive site for various commercial ventures, including medical offices, office space, or a facility for nurses, staff, or students. The 1987-built, two-story building offers immediate income potential, while the rezoning process opens doors to significant future value appreciation. The APN is 152-069. This is a build-to-suit/lease opportunity for medical offices. The asking price is $1,200,000.

Property profile

Verified
Property type Office Spaces
Year built 1987
Total area 2,268 SF
Lot 0.83 ac (36,111 SF)
UPID US22-1398822

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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