For Sale
$1,500,000

0 Magnolia Cmns - Canton HwyCumming, GA 30040

1.13-acre commercial lot in Cumming, GA

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 1.13-acre commercial land parcel, situated within the thriving Magnolia Commons development in Cumming, Georgia, presents a remarkable investment opportunity. Located on Canton Highway, this property boasts a prime location with excellent visibility and accessibility. The parcel is zoned CBD/General Commercial, allowing for a diverse range of uses including restaurants, banks, retail establishments, self-storage facilities, car washes, and dog daycares. All utilities are readily available, simplifying development and operational costs. The property benefits from its inclusion in a larger development with four available outparcels, offering potential for synergy and collaborative growth. Furthermore, the upcoming expansion of GA 20 is projected to significantly increase traffic volume from 26,000 cars per day to an estimated 38,000, further enhancing the property's commercial viability and attracting a larger customer base. The asking price for this strategically located and versatile commercial land is $1,500,000. This represents a compelling investment in a rapidly growing area of Forsyth County, Georgia, with significant potential for future appreciation. The shared detention system within the development ensures efficient and cost-effective infrastructure management. Don't miss this chance to secure a prime piece of commercial real estate in a high-growth market. The zip code is 30040.

Highlights

  • 1.13-acre commercial land parcel in Cumming, GA's Magnolia Commons development, on Canton Highway.
  • CBD/General Commercial zoning allows for diverse uses including restaurants, retail, and self-storage.
  • Excellent visibility and accessibility, with all utilities available.
  • Part of a larger development with four available outparcels; GA 20 expansion will increase traffic to 38,000 cars daily.
  • Asking price: $1,500,000. Zip code: 30040.

Property Details for 0 Magnolia Cmns - Canton Hwy

Property type
Land
Lot Size (sq. ft)
49,223 SF

Location Insight

City
Cumming
County
Forsyth
State
Georgia
Latitude
34.238941584739
Longitude
-84.218990795486
Magnolia Cmns - Canton Hwy, Cumming, Georgia

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0 Magnolia Cmns - Canton Hwy
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