Property profile

575 Atlanta Rd Cumming, GA 30040

FOR SALE
Auto shops
Property ID
US22-0834055
1,932 SF 0.76 ac lot Built 1988
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 0.4-acre commercial land parcel presents a unique investment opportunity in the thriving Cumming, Georgia market. Located at 575 Atlanta Rd, Cumming, GA 30040, this single-tenant property boasts unparalleled visibility and accessibility. The site benefits from its strategic location near the intersection of Atlanta Road (13,712 cars per day) and Veterans Memorial Boulevard (19,113 cars per day), ensuring high traffic counts and significant exposure for any business. Its proximity to I-19 and Hwy 20 further enhances its convenience and accessibility. This property is situated within a major retail area, surrounded by numerous national brand anchors and significant traffic generators, creating a robust and established commercial environment. The area experiences a projected 3.3% annual population growth from 2022-2027, indicating a strong and expanding market. The site is also surrounded by thriving residential communities and diverse businesses, providing a substantial customer base. Across the street, a shopping center attracts over 1 million visitors annually, further bolstering the area's retail strength. Nearby national retailers include Publix, Hobby Lobby, Planet Fitness, Target, Kohl's, Sprouts, Harbor Freight, Big Lots, Dollar Tree, Sally Beauty, Lowe's, JoAnn, Burger King, Arby's, Wendy's, and many other prominent fast-food chains. This property is ideal for a variety of retail uses, restaurants, or other commercial ventures seeking a prime location with high visibility and strong demographics. The property is classified as Retail, Land, and Restaurant. No elevators are present.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1988
Total area 1,932 SF
Lot 0.76 ac (33,106 SF)
Zoning code HB
APN C19 023
UPID US22-0834055

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

575 Atlanta Rd Cumming, GA 30040
Cumming metro Census 130410 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$910k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.18M
Blend (final) Blend
$690k

Owner & transaction history

since 2022
Last sale
$1.0M
6 recorded transactions
2022
$1.0M
2021
$3.0M
2008
Price N/A
2007
$2.3M
2007
Price N/A
1969
Price N/A

Zoning & alternative use

HB · Cumming, GA
Zoning description

District is intended to provide suitable areas for those business and commercial uses which primarily serve the public traveling by automobile and which benefit from direct access to state highways

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message