110 Samaritan DrCumming, GA 30040

  • Office properties
  • 2,316 SF
For Lease
$15/SF/YR View listing

Property Details for 110 Samaritan Dr

Year built
2008
Lot size
0.06 AC
Property size (Sq ft)
2,316 SF
Zone code
CBD
Property type
Office properties
APN
C08 121
APU
C08121

Description

This exceptional 1,158 square foot office condominium presents a fantastic opportunity in the thriving Forsyth County submarket of Cumming, Georgia. Located just blocks from the County Courthouse, County Administration Building, City Hall, and the new Cumming City Center, this property enjoys unparalleled convenience and high visibility. The Class B building offers a single, fully vacant suite, ideal for a business seeking immediate occupancy. The well-maintained space boasts a functional layout including five private offices, a welcoming reception area, and a convenient break room. The entire 1,158 square feet is available, providing ample space for a variety of business needs. This is a single-suite building, offering complete control and privacy. The property's prime location within Forsyth County ensures easy access to a robust workforce and a thriving local economy. This is an excellent opportunity to establish a presence in a highly desirable and rapidly growing area. The property is a traditional office space, perfect for professional services, administrative offices, or other similar businesses. The building's excellent condition and convenient location make this an attractive investment opportunity. Don't miss out on this chance to secure a prominent location in the heart of Cumming.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $406,447
    6.5%
    $375,182
    7%
    $348,383
  • Comparable approach

    Method
    Valuation
    Relative Method
    $451,759
    Geo Method
    $451,759
  • Alternative Use

    Use
    Valuation
    Residential
    $465,225
    Hospitality
    $426,144
    Educational
    $354,547
    Medical
    $366,740
    Retail
    $551,517

Location Insight

City
Cumming
County
Forsyth
State
Georgia
Latitude
34.208
Longitude
-84.1451
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
$1,931
$16,000
$62,744
$78,744
-
$40,000
$156,860
$196,860

FAQs

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