1830 Peachtree PkwyCumming, GA 30041

Property Details for 1830 Peachtree Pkwy

Year built

2007

Property size (Sq ft)

1,320 SF

Zone code

CBD

Property type

Office properties

Property subtype

Other office properties

APN

110 455

APU

110455

Description

This 1,300-square-foot office condo, located at 1830 Peachtree Pkwy in Cumming, GA 30041, is a turnkey opportunity for owner-users. Built in 2007 and extensively renovated in 2023, this second-floor unit boasts high ceilings and abundant natural light, creating a bright and inviting workspace. The space includes three private offices, a conference/training room, and a breakroom, making it ideal for a variety of professional uses, including medical offices or tutoring facilities. The building features a striking chandelier entrance foyer and is situated in a well-maintained duplex complex. Its prime location offers easy access to GA 400, numerous restaurants and shopping centers, and is conveniently located near The Collections (5 minutes), Halcyon (10 minutes), and Avalon (15 minutes). The property is zoned CBD and benefits from 1,300 square feet of air rights. This Forsyth County property presents a compelling investment opportunity in a thriving area with excellent accessibility to Johns Creek and Suwanee. The asking price is $315,000, with a price per square foot of $242.31. The property is part of a larger complex with 540 units and is located in a two-story building.

• CAP approach

  CAP return

  Valuation

  6%

  $231,654

  6.5%

  $213,834

  7%

  $198,560

• Comparable approach

  Method

  Valuation

  Relative Method

  $257,479

  Geo Method

  $257,479

• Alternative Use

  Use

  Valuation

  Residential

  $265,154

  Hospitality

  $242,880

  Educational

  $202,073

  Medical

  $209,023

  Retail

  $314,336

Location Insight

City

Cumming

County

Forsyth

State

Georgia

Latitude

34.1185

Longitude

-84.1764

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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