3041 Canton Hwy Cumming, GA 30040
- Commercial real estate
- 1,192 SF
- 3.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 3041 Canton Hwy
- Year built
- 1959
- Lot size
- 3.00 lot acres
- Property size
- 1,192 SF
- Property type
- Commercial real estate
Description
This exceptional 3-acre commercial property at 3041 Canton Highway, Cumming, GA 30040, presents a unique investment opportunity. Currently priced at $1,050,000, this property boasts a 1,192 square foot building constructed in 1959, though its value is negligible and considered vacant. The true potential lies in the land itself, zoned CBD, allowing for the construction of up to 30,000 square feet of building space. This corner lot offers excellent visibility and light control, enhancing its value. The property's location within Forsyth County's Special Development Node further increases its desirability. This listing includes the opportunity to acquire an adjacent lot (not included in this price), expanding the total acreage to 7.63 acres. The adjacent lot is available for separate purchase at $1.6 million. This combined property offers a strategic entrance/exit from Canton Highway and a secondary access point from Aaron Sosebee Street. This is a rare chance to acquire a significant commercial parcel in a high-growth area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cumming
- County
- Forsyth - GA
- State
- Georgia
- Longitude
- -84.2164924
- Latitude
- 34.2381001
