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    Property profile & analytics

    940 Tolbert St Cumming, GA 30040-2366

    • Grocery and convenience stores
    • 7,500 SF
    • 1.53 lot acres
    OFF-MARKET
    Value Estimation
    $410,000
    Location Intelligence
    Property ID
    US22-1233378
    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

    • Chevron / Fuel Pump / Gas Company
    • La Feria Services, LLC / Notary Public / Payroll Service
    • Western Union / Money Transfer Service
    • Tolbert Food Mart / Convenience Store
    • ATM / Atm

    Property Details for 940 Tolbert St

    Year built
    1998
    Lot size
    1.53 lot acres
    Property size
    7,500 SF
    Zone code
    NS
    Property type
    Grocery and convenience stores
    APN
    128 074
    APU
    128074

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cumming
    County
    Forsyth
    State
    Georgia
    Longitude
    -84.1532
    Latitude
    34.1969
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $6,764
    $100,020
    $175,828
    $275,848
    -
    $250,050
    $439,571
    $689,621

    Comparable in this City

    • Value Estimation by Request
      1,750 SF

      602 Dahlonega St

      CONVENIENCE STORE • 1,750 SF
      602 Dahlonega St, Cumming, GA 30040-2112
      View Details
    • Value Estimation
      $2,835,000
      3,034 SF

      502 Lakeland Plz

      CONVENIENCE STORE • 3,034 SF
      502 Lakeland Plz, Cumming, GA 30040-2730
      View Details
    • Value Estimation
      $510,000
      3,245 SF

      4636 Canton Hwy

      CONVENIENCE STORE • 3,245 SF
      4636 Canton Hwy, Cumming, GA 30040-4885
      View Details
    • Value Estimation
      $370,000
      2,460 SF

      337 Canton Rd

      CONVENIENCE STORE • 2,460 SF
      337 Canton Rd, Cumming, GA 30040-2238
      View Details
    • Value Estimation
      $350,000
      15,000 SF

      337 Dahlonega St

      GROCERY, SUPERMARKET • 15,000 SF
      337 Dahlonega St, Cumming, GA 30040-2409
      View Details
    • Value Estimation
      $400,000
      7,560 SF

      535 Canton Rd

      CONVENIENCE STORE • 7,560 SF
      535 Canton Rd, Cumming, GA 30040-2155
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
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      Forsyth County retail center, two spaces available.
      655 Atlanta Hwy, Cumming, GA 30040
      View Details
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      High-traffic retail land, Forsyth County.
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      Prime Cumming Executive Suites

      Downtown Cumming Office Space Available
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    • $13 SF/Yr
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      Olde Towne Retail Suite D

      Downtown Cumming retail space, 1,100 sq ft.
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    • Contact for pricing
      6,600 SF

      Canton Hwy Retail Space

      High-traffic Cumming retail space available
      2330 Canton Hwy, Cumming, GA 30040
      View Details

    Property Visit Statistics

    • Visits by month
      3.6k
    • Visitors by month
      2.6k
    • Avg Time on site
      10 min
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    940 Tolbert St
    Cumming, GA 30040-2366
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    Realmo Value Estimation

    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.

    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.

    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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