514 Maple St Cumming, GA 30040-2420
This exceptional value-add investment opportunity presents a Class A, multi-tenant office park ideally situated in Cumming, Georgia (Forsyth County, zip code 30040). The property, located at 514 West Maple Street, comprises six buildings totaling 44,000 square feet and features 20 individual units. Constructed in 2019, the buildings are situated on a larger parcel with five additional pad sites, offering significant potential for future expansion. Currently boasting a 97.5% occupancy rate, the property generates a substantial net operating income (NOI) of $563,812, resulting in an attractive 6.26% capitalization rate. The asking price is $9,000,000, translating to $204.55 per square foot. The property is zoned for Office Professional use and is well-suited for research and development (R&D) and professional office tenants. This prime location in the thriving Atlanta area offers strong potential for continued growth and stable returns, making it an ideal addition to any discerning investor's portfolio. The property's modern design and high occupancy rate underscore its inherent value and potential for long-term appreciation. This is a rare opportunity to acquire a well-maintained, high-performing asset in a desirable market.
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Forsyth County Environmental Health County Government Office
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Teiger Law Center, P.C. Law Firm
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Sterling Deaerator Co Power Plant Equipment Supplier Solar Energy Equipment Supplier
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Spicer Group Inc Land Surveyor Civil Engineer
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Forsyth County Purchasing Department County Government Office
District is intended to encourage and provide suitable areas for professional, medical, and general offices and certain related activities
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
OP · Cumming, GADistrict is intended to encourage and provide suitable areas for professional, medical, and general offices and certain related activities
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.