2345 Ronald Reagan BlvdCumming, GA 30041

  • Commercial real estate
  • 2,888 SF
For Lease
$21.04/SF/YR View listing

Property Details for 2345 Ronald Reagan Blvd

Year built
1973
Lot size
4.40 AC
Property size (Sq ft)
2,888 SF
Zone code
CBD
Property type
Commercial real estate
APN
132 038
APU
132038

Description

This exceptional commercial property, located at 2345 Ronald Reagan Boulevard Unit A, offers a unique leasing opportunity. Situated on a 4.4-acre lot in a CBD (Commercial Business District) zoning area, this single-tenant building provides versatile space ideal for a variety of businesses. The property features a 2,224 sq ft main floor space with a double-door side entrance, a front reception area, a full kitchen, and two bathrooms (one en-suite). This space is available for lease at $3,900 per month. Additionally, a finished walk-out basement (360 sq ft) with a bath and a drive-in garage is available for $2,500 per month, perfect for storage or a workshop. The basement connects to a large open office space and an unfinished storage room. The entire property, including the 4.4-acre lot and both the main floor and basement, can be leased for $6,400 per month or more, depending on usage. Ample outdoor parking is available off Atlanta Highway. The property's proximity to a major hospital (approximately 1.8 miles) and "The Gathering," a planned mixed-use development, makes it an attractive location for a range of businesses, including medical offices, used car sales, food truck operations, landscaping businesses, small schools, and more. A floor plan and a 3D tour are available for viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $580,126
    Hospitality
    $531,392
    Educational
    $442,112
    Medical
    $457,317
    Retail
    $687,730

Location Insight

City
Cumming
County
Forsyth
State
Georgia
Latitude
34.1559
Longitude
-84.1531
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
$12,461
$464,640
$43,536
$508,176
-
$1,161,600
$108,840
$1,270,440

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