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Property profile

5692 Castleberry Rd Cumming, GA 30040

FOR SALE
Commercial land
Property ID
US22-0878732
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Property summary

AI-generated overview

2 parcels of land (11.47 +- AC) are assembled and are for sale together for $335,000 per acre. Will not be sold individually. 5692 Castleberry Road is approximately 5.47 +- Acres. The parcel # is 083-026. 5702 Castleberry Road is approximately 6 +- Acres. The parcel # is 083-069. The zoning is AG and is being marketed as potential commercial. There is approx. 517 +- feet of road frontage on Castleberry Road. Sewer located behind property approximately 300 feet as a distance estimate. Approximately 1/2 mile from this property is the intersection of Bethelview and Castleberry Roads. There is a new development that includes a Chick-Fil-A, Seven Brew, Maepole, Shake Sack, Fifth Third Bank, Grocery Store, & 40,000 +- SF of medical space to be built at this intersection, plus Castleberry Southard Crossing w/ Publix as the Anchor - this center alone sees approx. 1.4 million annual visitors.(Loop Net data) The intersection also boasts Culvers, Dunkin Donuts, CVS, & a Super Kroger with 1.8 million visitors annually(Loop Net data). Directly across from this 11.47 +- Acres is Castleberry Township HOA + a commercial office park that is very popular. This park stays full and has very little vacancy. The Parcel adjacent to this listing whose property line touches a small retail center - 5456 Bethelview Rd and is directly behind the CVS is also listed for sale with another brokerage. You must call Associate Broker, Doug Sills at 678-923-5538 to set up an appointment to view the property. Do not disturb the owners who live on the property.

Property profile

Verified
Property type Commercial land
UPID US22-0878732

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5692 Castleberry Rd Cumming, GA 30040
Cumming metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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