5885 Hubbard Town RdCumming, GA 30028

  • Commercial land
  • 1.56 AC
For Sale
$650,000 View listing

Property Details for 5885 Hubbard Town Rd

Year built
1961
Lot size
1.56 AC
Zone code
CBD
Property type
Commercial land
APN
233 029
APU
233029

Description

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

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
$2,326
$94,848
-
$94,848
-
$237,120
-
$237,120

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