2450 Atlanta HwyCumming, GA 30040

  • Office properties
  • 2,280 SF
For Lease
$10.53/SF/YR View listing

Property Details for 2450 Atlanta Hwy

Year built
2003
Lot size
0.26 AC
Property size (Sq ft)
2,280 SF
Zone code
CBD
Property type
Office properties
Property subtype
Other office properties
APN
106 695
APU
106695

Description

This exceptional 2,280-square-foot executive office suite is ideally situated in Cumming's city center. The single-tenant space is located within a building containing a total of one suite, offering complete privacy and control. The property boasts ample parking with 10 spaces available for tenants and visitors. The convenient location ensures easy access for clients and employees. The interior layout is highly functional, featuring several rooms on the main floor perfectly suited for conferences, meetings, or client consultations. A dedicated break room is conveniently located downstairs, providing a comfortable space for employees. The zoning is commercial (comm), and the property sits on a 0.26-acre lot. The property's APN is 106 708. This move-in ready space is perfect for a variety of professional uses, including attorney offices, therapy practices, or consulting firms. The building itself consists of one building with one suite. The property is ready for immediate occupancy by a single entity or organization. This is a rare opportunity to secure a well-appointed, conveniently located executive office suite in a thriving city center.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $400,129
    6.5%
    $369,350
    7%
    $342,968
  • Comparable approach

    Method
    Valuation
    Relative Method
    $444,737
    Geo Method
    $444,737
  • Alternative Use

    Use
    Valuation
    Residential
    $457,994
    Hospitality
    $419,520
    Educational
    $349,036
    Medical
    $361,040
    Retail
    $542,944
2450 Atlanta Hwy, Cumming, Georgia

Location Insight

City
Cumming
County
Forsyth
State
Georgia
Latitude
34.1619
Longitude
-84.1788
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
$3,802
$40,000
$115,040
$155,040
-
$100,000
$287,600
$387,600

FAQs

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