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131 Corners Pkwy 5.7 Acres of Commercial Land Offered at $2,500,000 in Cumming, GA 30040

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EXECUTIVE SUMMARY

Owner financing is Available.

PROPERTY FACTS

Price $2,500,000
Sale Type Investment
Sale Conditions
1031 Exchange
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Mixed Use
  • Multifamily
  • Auto Dealership
  • Convenience Store
  • Office Park
  • Service Station
Total Lot Size 5.70 AC
Zoning HB - Highway Business

1 LOT AVAILABLE

Lot 131

Price $2,500,000
Price Per AC $438,596.49
Lot Size 5.70 AC

DESCRIPTION

Excellent Commercial property zoned Highway Business (HB) and located just minutes from Exit 15 Highway 400 and within walking distance to the Cumming City Center and downtown Cumming. Owner financing is available for qualified buyers. All utilities are available and very easy to obtain. This property is currently planned for thirty (30) townhomes. The detention pond is already built and ready. The Land Development Plan is approved. This property is primed for development. Ideal for investors looking to expand their portfolio with a property that offers immediate and long-term value. Located in the center of Forsyth County, GA. Forsyth County is experiencing rapid growth, making it the fastest-growing county in the Atlanta metropolitan area, and it has a scarce supply of commercial properties. The property is conveniently situated 3+/- miles away from the recently built City Center Live/Work/Play complex in Cumming, GA. This region is becoming a well-liked hub for shopping, dining, entertainment, and living. The city of Cumming, GA has seen significant growth and now has access to vast neighborhoods making it ideal for a townhome development.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
C02-002
Land Assessment
$111,952
Improvements Assessment
$0
Total Assessment
$111,952
  • Listing ID: 33801258

  • Date on Market: 11/8/2024

  • Last Updated:

  • Address: 131 Corners Pkwy, Cumming, GA 30040

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