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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    830 Atlanta Hwy Cumming, GA 30040

    • Commercial real estate
    • 7.80 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1294723
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 830 Atlanta Hwy

    Lot size
    7.80 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 7.8-acre commercial land parcel presents a compelling development opportunity in the thriving city of Cumming, Georgia. Situated at 830 Atlanta Hwy, Forsyth County, zip code 30040, this property boasts a strategic location within one of metro Atlanta's fastest-growing areas. The expansive lot size offers significant potential for a variety of projects. The existing R1 zoning allows for diverse permitted and conditional uses, encompassing both residential and commercial developments, providing flexibility for creative and lucrative ventures. This presents a unique chance to capitalize on the area's robust growth and high demand for both residential and commercial spaces. The property's location at 34.178558 latitude and -84.1490929 longitude ensures easy access to major transportation routes and amenities, further enhancing its investment appeal. Serious inquiries are encouraged to explore the full potential of this remarkable development opportunity. The property is classified as Land, with a Commercial subtype.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Cumming
    County
    Forsyth
    State
    Georgia
    Longitude
    -84.1490929
    Latitude
    34.178558

    Comparable in this City

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      Canton Hwy Commercial Land Opportunity

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      35+ Acre Ranch Land

      Prime land opportunity near Atlanta with highway expansion underway.
      14067 Cumming Hwy, Cumming, GA 30040
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      Prime Commercial Land Parcel

      3.29 acre commercial parcel in Forsyth County, near Cumming, GA.
      5364 Bethelview Rd, Cumming, GA 30040
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    • $239,000
      Pending

      Residential Land in Cumming, GA

      Residential land for new construction in Vickery Creek/Cumming area.
      5878 Bentley Rd, Cumming, GA 30040
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      17,424 SF

      Prime Cumming, GA Retail Land

      Vacant land, high traffic, retail hub.
      575 Atlanta Rd, Cumming, GA 30040
      View Details
    • $1,200,000
      0.93 Acres

      Prime Cumming Commercial Land

      0.93-acre lot, ideal for development
      0 Magnolia Cmns - Canton Hwy, Cumming, GA 30040
      View Details
    • $1,050,000
      3.00 Acres

      Canton Hwy Commercial Land Opportunity

      Prime Forsyth County location, high development potential.
      3041 Canton Hwy, Cumming, GA 30040
      View Details
    • $4,064,100
      35.34 Acres

      35+ Acre Ranch Land

      Prime land opportunity near Atlanta with highway expansion underway.
      14067 Cumming Hwy, Cumming, GA 30040
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    • $999,000

      Prime Commercial Land Parcel

      3.29 acre commercial parcel in Forsyth County, near Cumming, GA.
      5364 Bethelview Rd, Cumming, GA 30040
      View Details
    • $239,000
      Pending

      Residential Land in Cumming, GA

      Residential land for new construction in Vickery Creek/Cumming area.
      5878 Bentley Rd, Cumming, GA 30040
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,000 SF

      Cumming, GA Retail Opportunity

      High-traffic retail land, Forsyth County.
      5470 Bethelview Rd, Cumming, GA 30040
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    • $14 SF/Yr
      1,249 SF

      Colony Park Office Suite for Lease

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      6,600 SF

      Canton Hwy Retail Space

      High-traffic Cumming retail space available
      2330 Canton Hwy, Cumming, GA 30040
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      12,035 SF

      Prime Cumming Executive Suites

      Downtown Cumming Office Space Available
      210 Dahlonega St, Cumming, GA 30040
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    • $13 SF/Yr
      1,100 SF

      Olde Towne Retail Suite D

      Downtown Cumming retail space, 1,100 sq ft.
      216 Atlanta Rd, Cumming, GA 30040
      View Details
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    830 Atlanta Hwy
    Cumming, GA 30040
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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