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    OFF-MARKET
    Medical Office Space

    1345 Ronald Reagan Blvd, Cumming, GA 30041

    2,268 SF 0.83 ac lot Built 1987
    Property ID
    US22-1398822
    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 Medical Office Space
    Year built 1987
    Total area 2,268 SF
    Lot 0.83 ac (36,111 SF)
    APN 152-069
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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