Property profile

850 Peachtree Pkwy Cumming, GA 30041

OFF-MARKET
Community centers
Property ID
US22-2015725
1.25 ac lot Built 2023
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail opportunity is located at 850 Peachtree Parkway in Cumming, Georgia, within the highly desirable N Fulton/Johns Creek/Forsyth County retail submarket. The property, zoned CBD, boasts a total building size of 9,654 square feet and sits on a 1.246-acre lot. Currently, there is 6,492 square feet of vacant space available, divisible into units ranging from a minimum of 1,376 square feet to a maximum contiguous space of 3,246 square feet. The property is ideally suited for multiple tenants and offers a unique chance for businesses to establish themselves in a thriving community. The building is anchored by a national swim school, Aqua-tots Swim Schools, providing a strong draw for families and foot traffic. This presents a significant advantage for potential tenants seeking high visibility and a built-in customer base. The remaining vacant space, Suite 100, is an end cap unit of approximately 1,870 square feet. This space is available for tenant build-outs, allowing for complete customization to meet specific business needs. The estimated net operating expenses are $42+ per square foot, with a common area maintenance charge estimated at $7.50 per square foot. This prime location in Forsyth County, Georgia, offers excellent access to major transportation routes and a strong local economy, making it an ideal investment for discerning businesses. The property's strategic location and the presence of a successful anchor tenant make this an exceptional opportunity for growth and success.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 2023
Lot 1.25 ac (54,450 SF)
Zoning code CBD
APN 108 160
UPID US22-2015725

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
  • Swimming School Baby Swimming School

Location

850 Peachtree Pkwy Cumming, GA 30041-6896
Cumming metro Census 130613 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.00M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.00M

Owner & transaction history

since 2024
Last sale
$1.0M
7 recorded transactions
2024
Price N/A
2022
$1.0M
2021
$900,000
2016
$750,000
2016
$1.1M
2014
$150,000
2012
$651,500

Zoning & alternative use

CBD · Cumming, GA
Zoning description

District is intended to maintain and encourage office and business development in the central business area of the city

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
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