Property profile

2016 Atlanta Hwy Cumming, GA 30040

OFF-MARKET
Warehouses
Property ID
US22-1211598
78,500 SF 4.97 ac lot Built 1987
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1987
Total area 78,500 SF
Lot 4.97 ac (216,493 SF)
Zoning code M1
APN 131 010
UPID US22-1211598

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Storage Facility
  • Postal Service Courier Service

Location

2016 Atlanta Hwy Cumming, GA 30040-6416
Cumming metro Census 130406 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$12.55M
Comparable Approach Comparable
$18.33M
Blend (final) Blend
$13.30M

Owner & transaction history

since 2017
7 recorded transactions
2017
$10.8M
2015
Price N/A
2015
$5.9M
2007
$1.7M
2007
Price N/A
2007
$902,900
2007
$902,856

Zoning & alternative use

M1 · Cumming, GA
Top alternative use upside
Medical building $20.7M +72.1%
Commercial (general) $16.8M +39.6%
Neighborhood: shopping center $16.5M +36.9%

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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