Property profile

2405 Peachtree Pkwy Cumming, GA 30041

OFF-MARKET
Drive through restaurants
Property ID
US22-0603597
1.14 ac lot Built 2020
Entity Owned 12-yr Hold Absentee Owner Free & Clear
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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

Location

2405 Peachtree Pkwy Cumming, GA 30041-7244
Cumming metro Census 130614 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.01M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.92M

Owner & transaction history

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
Zoning description

District is intended to maintain and encourage office and business development in the central business area of the city

General category COMMERCIAL

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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