1490 Ventura DrCumming, GA 30040

  • Industrial properties
  • 14,625 SF
For Sale
$2,470,000 View listing

Property Details for 1490 Ventura Dr

Year built
1994
Lot size
1.53 AC
Property size (Sq ft)
14,625 SF
Zone code
M1
Property type
Industrial properties
Property subtype
Other industrial properties
APN
194 035
APU
194035

Description

This exceptional Cumming, GA industrial property, located at 1490 Ventura Drive Unit A, offers 14,261 square feet across three buildings on a 1.5-acre lot. Built in 1994, the property presents a compelling investment opportunity. Building A, at 6,011 square feet, currently functions as office space, providing a flexible layout adaptable to various business needs. Building B, a 4,500-square-foot structure, is currently occupied by All Cycle Motor, showcasing its suitability for automotive or similar industrial uses. Building C comprises 3,700 square feet of individual storage bays, offering ample space for storage or potential rental income generation. The property's versatile usage, ample space, and strategic location in Cumming, GA, with easy access to major transportation routes, make it ideal for investors seeking immediate and long-term value. The asking price is $2,470,000. This multi-purpose property presents endless possibilities for business establishment, expansion, or investment in a thriving Georgia market. The property is zoned for Industrial, Retail, and Office uses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,937,790
    Hospitality
    $2,691,000
    Educational
    $2,238,880
    Medical
    $2,315,878
    Retail
    $3,482,702
1490 Ventura Dr, Cumming, Georgia

Location Insight

City
Cumming
County
Forsyth
State
Georgia
Latitude
34.2294
Longitude
-84.1061
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
$16,890
$76,500
$612,250
$688,750
-
$191,250
$1,530,625
$1,721,875

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