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    OFF-MARKET
    Industrial land

    3794 Canton Hwy, Cumming, GA 30040-1955

    3.54 ac lot Built 1954
    Entity Owned 22-yr Hold Absentee Owner Free & Clear
    Property ID
    US22-1162642
    Property summary
    AI-generated overview

    This exceptional 3.54-acre commercial land parcel presents a prime investment opportunity in Cumming, Georgia. Strategically located on Canton Highway (Highway 20), this property boasts approximately 200 feet of road frontage, ensuring high visibility and accessibility. The site is zoned Office/Institutional (O&I), offering flexibility for a variety of commercial developments. Its gentle topography simplifies construction, and the location benefits from significant traffic volume, with 2021 counts showing 16,300 vehicles per day. The property is situated approximately 3/10 of a mile west of a new Publix Shopping Center, providing immediate proximity to established retail and residential areas. Further enhancing its appeal, the Georgia Department of Transportation's Highway 20 widening project includes a planned median cut at the intersection of Doc Sams Road and Highway 20, promising increased accessibility and visibility. The asking price is $1,150,500, translating to approximately $325,000 per acre. The Forsyth County APN is 031-121. This property's combination of location, zoning, and traffic counts makes it an ideal site for a variety of commercial ventures. Don't miss this chance to acquire a highly desirable commercial land parcel in a rapidly growing area.

    Property profile
    Verified
    Property type Industrial land
    Use group INDUSTRIAL - VACANT LAND
    Year built 1954
    Lot 3.54 ac (154,202 SF)
    Zoning code O&I
    APN 031 121
    UPID US22-1162642
    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
    by Request
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    Blend (final) Blend
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    Owner & transaction history
    MARTIN RENTALS LLC
    MARTIN RENTALS LLC
    Zoning & alternative use
    O&I · Cumming, GA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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