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    2155 Peachtree Pkwy Cumming, GA 30041
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    Property profile & analytics

    2155 Peachtree Pkwy, Cumming, GA 30041

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    • Commercial land
    For Sale
    $2,912,000
    View Listing →
    Prime Land on Peachtree Parkway For Sale
    $2,912,000

    Prime Land on Peachtree Parkway

    Land with frontage on Peachtree Parkway in South Forsyth County.

    2155 Peachtree Pkwy, Cumming, GA 30041
    View Listing
    Property ID
    US22-0764092
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 2155 Peachtree Pkwy

    Property type
    Commercial land
    Property subtype
    Commercial real estate

    Description

    Good location in South Forsyth County Strong demographics Approximately 475 feet road frontage on Peachtree Parkway (Hwy. 141) 3.5 miles SE of GA 400 at Exit 13 4 miles north of Johns Creek Approximately 40,000 cars per day - 2021 traffic count

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Cumming
    County
    Forsyth
    State
    Georgia
    Longitude
    -84.1753736
    Latitude
    34.1076344

    Comparable in this City

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      0.57 Acres

      Prime Land Parcel in Cumming

      0.57-acre lot near GA 400 with development potential.
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      Land with Utilities and Visibility

      Commercial land with utilities, visibility, and existing detention pond.
      4695 Martin Rd, Cumming, GA 30041
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      Land Near GA 400 Interchange

      Acreage ideal for commercial or mixed-use development near GA 400.
      3885 Browns Bridge Rd, Cumming, GA 30041
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    • $1,200,000
      2.50 Acres

      Renovated Residence with Outdoor Infrastructure

      2.5-acre property with renovated residence and functional outdoor infrastructure.
      1910 Melodie Ln, Cumming, GA 30041
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    Similar Nearby for Sale

    • $200,000
      0.57 Acres

      Prime Land Parcel in Cumming

      0.57-acre lot near GA 400 with development potential.
      Ga-400 Hwy, Cumming, GA 30041
      View Details
    • Contact for pricing

      Land with Utilities and Visibility

      Commercial land with utilities, visibility, and existing detention pond.
      4695 Martin Rd, Cumming, GA 30041
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    • Contact for pricing

      Land Near GA 400 Interchange

      Acreage ideal for commercial or mixed-use development near GA 400.
      3885 Browns Bridge Rd, Cumming, GA 30041
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    • $1,200,000
      2.50 Acres

      Renovated Residence with Outdoor Infrastructure

      2.5-acre property with renovated residence and functional outdoor infrastructure.
      1910 Melodie Ln, Cumming, GA 30041
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Cumming Outparcel Ground Lease Opportunity

      Ground lease or build to suit opportunity in Cumming, GA.
      1595 Peachtree Pkwy, Cumming, GA 30041
      View Details
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      1.8 Acres Commercial Land Lease

      1.8 acres of land for lease with retail approval.
      1564 Peachtree Pkwy, Cumming, GA 30041
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      Restaurant Spaces in Cumming, GA

      Restaurant spaces available in a busy Cumming shopping center.
      2475 Market Place Blvd, Cumming, GA 30041
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      3,900 SF

      Cumming Retail Space For Lease

      Retail space available in Cumming Marketplace shopping center.
      900-911 Market Place Blvd, Cumming, GA 30041
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    • Sponsored
      Contact for pricing

      The Avenue Forsyth

      Discover many ways to work your way in The Avenue Forsyth
      410 Peachtree St, Parkway, GA 30041
      View Details
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      2,400 SF

      Former QSR with Drive-Thru

      2,400 SF former QSR with drive-thru available for rent.
      345 Peachtree Pkwy, Cumming, GA 30041
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    View Listing
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    Cumming, GA 30041
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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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    2155 Peachtree Pkwy, Cumming, GA, 30041
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