3616 Canton HwyCumming, GA 30040

Property Details for 3616 Canton Hwy

Year built

1946

Lot size

3.47 AC

Zone code

CBD

Property type

Commercial land

APN

031 116

APU

31116

Description

This exceptional 3.4-acre commercial land parcel presents a remarkable investment opportunity in the thriving Cumming, Georgia market. Strategically located at a signalized intersection of Canton Highway and Tribble Road, this property boasts significant frontage on both major thoroughfares. The site benefits from a high average daily traffic count of 16,100 vehicles on Canton Highway, ensuring exceptional visibility and accessibility for any commercial venture. Zoned CBD (Central Business District) within Forsyth County, this versatile land allows for a wide range of development possibilities. The property features rolling topography and includes existing infrastructure such as a detention pond, stormwater runoff management, some curbing, and sewer lines already in place, significantly reducing development costs and timelines. Furthermore, the area is experiencing substantial growth, with key residential developments currently underway, promising a strong and expanding customer base. The property's location within the highly sought-after Forsyth County school district, serving Sawnee Elementary, Liberty Middle, and West Forsyth High schools, adds further appeal. This is a rare opportunity to acquire a prime commercial site in a rapidly growing area with excellent infrastructure and high visibility. The asking price is $3,400,000.

• Alternative Use

  Use

  Valuation

  Residential

  $30,362,784

  Hospitality

  $27,812,148

  Educational

  $23,139,380

  Medical

  $23,935,178

  Retail

  $35,994,592

Location Insight

City

Cumming

County

Forsyth

State

Georgia

Latitude

34.2396

Longitude

-84.2275

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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