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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1715 Canton Hwy Cumming, GA 30040

    • Commercial real estate
    • 3.34 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-4661694
    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 1715 Canton Hwy

    Lot size
    3.34 lot acres
    Property type
    Commercial real estate
    APN
    099-064

    Description

    This exceptional 3.34-acre property in Cumming, Georgia, presents a unique investment opportunity. Located at 1715 Canton Highway, this corner lot boasts significant road frontage: approximately 500 feet on Sunrise Circle and 250 feet on Highway 20. The land features gentle to moderate topography, making it suitable for a variety of uses. Its strategic location offers excellent commercial potential, given its proximity to major thoroughfares and high traffic volume. Specifically, the property sees approximately 25,000 cars per day (2021 data), and is conveniently located approximately 4+ miles from GA 400 at Exit 15. Furthermore, it's situated about 1+ mile east of Bethelview Road (GA Hwy 372) and a Kroger Shopping Center, ensuring high visibility and accessibility. The property is zoned AG and has an APN of 099-064. The asking price is $784,900, translating to approximately $235,000 per acre. This represents a compelling opportunity to acquire a strategically located parcel of land in a rapidly growing area of Forsyth County.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Cumming
    County
    Forsyth
    State
    Georgia
    Longitude
    -84.1788934
    Latitude
    34.2400211

    Comparable in this City

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      West Forsyth Acreage with Mobile Home

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      Prime Cumming Commercial Land

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      Land Available For Development

      6.04 acres for residential or commercial development.
      5529 Castleberry Rd, Cumming, GA 30040
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    • New
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      Luxury Gated Community Land

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    Similar Nearby for Sale

    • $4,530,650

      Cumming, GA Land Assemblage

      11.47 Acres, Potential Commercial Development
      5692 Castleberry Rd, Cumming, GA 30040
      View Details
    • $1,600,000
      3,137 SF

      Modern Farmhouse on Scenic Acres

      Custom-built Cumming farmhouse on 3.68 acres with pool.
      490 Lummus Rd, Cumming, GA 30040
      View Details
    • $495,000
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      West Forsyth Acreage with Mobile Home

      3.714 acre property with mobile home in Cumming, GA.
      3340 Chamblee Gap Rd, Cumming, GA 30040
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    • $1,600,000
      4.63 Acres

      Prime Cumming Commercial Land

      7.63 Acres, High-Growth Area
      4264 Aaron Sosebee Rd, Cumming, GA 30040
      View Details
    • Contact for pricing

      Land Available For Development

      6.04 acres for residential or commercial development.
      5529 Castleberry Rd, Cumming, GA 30040
      View Details
    • New
      $575,000
      0.51 Acres

      Luxury Gated Community Land

      Residential land in gated community, convenient location, custom home options.
      4410 Natchez Ln, Cumming, GA 30040
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,000 SF

      Cumming, GA Retail Opportunity

      High-traffic retail land, Forsyth County.
      5470 Bethelview Rd, Cumming, GA 30040
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    • Contact for pricing
      6,600 SF

      Canton Hwy Retail Space

      High-traffic Cumming retail space available
      2330 Canton Hwy, Cumming, GA 30040
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      Prime Cumming Executive Suites

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      Spacious Home Near GA 400

      Single-family home with community amenities, convenient location, and stainless appliances.
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      Colony Park Office Suite for Lease

      1,249 sq ft Medical/Executive Office
      104 Colony Park Dr, Cumming, GA 30040
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    1715 Canton Hwy
    Cumming, GA 30040
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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