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    FOR SALE
    Commercial real estate

    5860 Bannister Rd, Cumming, GA 30028

    11.33 ac lot Built 1970
    Property ID
    US22-1566378
    No photos on file
    For Sale
    $997,040
    5860 Bannister Rd, Cumming, GA 30028
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    Property summary
    AI-generated overview

    This exceptional 11.33-acre commercial land parcel presents a remarkable development opportunity in the thriving Cumming, Georgia market. Located at 5860 Bannister Road, this property boasts significant road frontage and is ideally situated just half a mile from Highway 369 and a Publix supermarket, ensuring high visibility and convenient access. The land comprises four parcels offered as a single assemblage, providing flexibility for various development projects. Built in 1970, the property includes one existing building on the site, although the primary value lies in the expansive land area suitable for new construction. The asking price is $997,040. Situated in Forsyth County, Georgia, with a zip code of 30028, this location benefits from the rapid growth experienced along Bannister Road. The property's coordinates are 34.307115 latitude and -84.147312 longitude. This is a rare chance to acquire a substantial tract of commercial land in a prime location with excellent potential for significant return on investment. The property's size and location make it suitable for a wide range of commercial developments, capitalizing on the area's strong economic growth and increasing demand for commercial space. Don't miss this opportunity to secure a piece of Cumming's vibrant commercial landscape.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1970
    Lot 11.33 ac (493,535 SF)
    UPID US22-1566378
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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