This exceptional 1.56-acre commercial land parcel presents a remarkable investment opportunity in Cumming, Georgia. Located at 5885 Hubbard Town Road, this property boasts an enviable position immediately off Georgia 400, ensuring high visibility and accessibility. Built in 2000, the land is currently unimproved, offering a blank canvas for a wide range of commercial developments. The zoning is already in place for commercial use, eliminating potential delays and streamlining the construction process. Its strategic location makes it ideal for various businesses, including but not limited to gas stations, restaurants, banks, pharmacies, office buildings, and car washes. The high traffic count on Georgia 400 guarantees significant exposure for any future development. The asking price for this prime commercial land is $650,000. This represents a unique chance to acquire a highly desirable piece of real estate in a thriving area with excellent growth potential. The property's address is 5885 Hubbard Town Road, Cumming, GA 30028, situated in Forsyth County. The lot size is 1.56 acres. Don't miss this opportunity to secure a prominent location for your next commercial venture.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Industrial / Distribution
$24,147,200
Retail / Commercial
$12,463,800
Mixed-Use / Specialty
$12,483,500
Hospitality / Lodging
$9,242,110
Office
$12,476,000
Institutional / Educational
$13,000,700
Residential Income
$15,210,800
Multifamily
$17,887,900
Automotive / Energy
$11,143,400
Parking / Income-Based Land
$3,782,180
Restaurant / Food Service
$6,629,450
Healthcare / Senior Housing
$12,735,900
Location Insight
City
Cumming
County
Forsyth
State
Georgia
Latitude
34.3121
Longitude
-84.0684
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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