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Property profile & analytics

2345 Ronald Reagan Blvd Cumming, GA 30041-6038

  • Commercial real estate
  • 2,888 SF
  • 4.40 lot acres
OFF-MARKET
Last Sale
Jul 14, 2023
$1,350,000
Value Estimations
$1,265,000
Show details
Cap Rate Potential
3.2%
Commercial real estate
Location Intelligence
Property ID
US22-0161315
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

  • Sanitation Solutions, Inc / Waste Management Facility / Hazardous Waste Disposal

Property Details for 2345 Ronald Reagan Blvd

Year built
1973
Lot size
4.40 lot acres
Property size
2,888 SF
Zone code
CBD
Property type
Commercial real estate
APN
132 038
APU
132038

Description

This exceptional commercial property, located at 2345 Ronald Reagan Boulevard Unit A, offers a unique leasing opportunity. Situated on a 4.4-acre lot in a CBD (Commercial Business District) zoning area, this single-tenant building provides versatile space ideal for a variety of businesses. The property features a 2,224 sq ft main floor space with a double-door side entrance, a front reception area, a full kitchen, and two bathrooms (one en-suite). This space is available for lease at $3,900 per month. Additionally, a finished walk-out basement (360 sq ft) with a bath and a drive-in garage is available for $2,500 per month, perfect for storage or a workshop. The basement connects to a large open office space and an unfinished storage room. The entire property, including the 4.4-acre lot and both the main floor and basement, can be leased for $6,400 per month or more, depending on usage. Ample outdoor parking is available off Atlanta Highway. The property's proximity to a major hospital (approximately 1.8 miles) and "The Gathering," a planned mixed-use development, makes it an attractive location for a range of businesses, including medical offices, used car sales, food truck operations, landscaping businesses, small schools, and more. A floor plan and a 3D tour are available for viewing.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $1,105,000
    ML approach
    $1,160,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,362,000
    Market price range: $513k - $1.36M
  • Alternative Use

    Use
    Estimation
    AUTO REPAIR, GARAGE
    $1,145,000
    MEDICAL BUILDING
    $760,000

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


Location Insight

  • Map
  • Local Demand
City
Cumming
County
Forsyth
State
Georgia
Longitude
-84.1531
Latitude
34.1559
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$12,461
$464,640
$43,536
$508,176
-
$1,161,600
$108,840
$1,270,440
More about this property
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