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Property profile & analytics
OFF-MARKET Estimated value $2,090,000
Drive through restaurants

2405 Peachtree Pkwy Cumming, GA 30041-7244

1.14 ac lot Built 2020
Entity Owned 11-yr Hold Absentee Owner Free & Clear
Property ID
US22-0603597
Property summary
AI-generated overview

This exceptional 3,080 square foot retail space, formerly a quick-service restaurant (QSR), presents a unique investment opportunity in Cumming, Georgia. Built in 2020, this new construction boasts a thoughtfully designed layout that fully complies with county regulations. The property's strategic location at a highly visible, lighted main entrance to a Walmart Supercenter ensures maximum exposure and accessibility for potential businesses. The existing drive-thru lane and fixtures, fittings, and equipment (FFE) are already in place, significantly reducing start-up costs and time for a new tenant. This single-tenant property is situated at 2405 Peachtree Pkwy, Cumming, GA 30041, benefiting from the area's explosive growth and high-income demographics. The property's size and features make it ideal for a variety of food service or retail concepts. This turnkey operation offers a rare chance to capitalize on a prime location with minimal upfront investment. The property is classified as Retail and Restaurant and offers significant potential for a savvy investor or business owner seeking a ready-to-go establishment in a thriving market. The building's modern design and convenient location combine to create an exceptional opportunity for immediate occupancy and revenue generation.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2020
Lot 1.14 ac (49,658 SF)
Zoning code CBD
APN 112 010
UPID US22-0603597
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
AI Approach AI
$2.01M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.09M
Owner & transaction history
Land Holding · 11 yrs held
Land Holding
since 2014
Last sale
$2.2M
7 recorded transactions
2014
$818,400
2013
$177,814
2013
Price N/A
2013
$118,543
2013
$212,249
2013
$118,542
2013
$35,563
Zoning & alternative use
CBD · Cumming, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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