1535 Dahlonega Highway - Office/Residential FOR SALE


Cumming, GA 30040
$1,080,000 USD
770-282-0180
1535 Dahlonega Highway, Cumming, GA for Sale
$1,080,000 USD
Office/Residential - FOR SALE
1/15
null | Request Cap Rate

1535 Dahlonega Highway
Cumming, GA 30040


HIGHLIGHTS

  • Zoning CBD, commercial use, +-2.78 acres level lot
  • utilities on site
  • Parking Lot, Handicap Parking, Fenced, Stormwater Drainage System.

OVERVIEW

PRIME CBD-ZONED COMMERCIAL LAND OPPORTUNITY 2.78 Acres | High Traffic Corridor | Redevelopment Potential EXECUTIVE SUMMARY This is a rare opportunity to acquire approximately 2.78 acres of commercially zoned land along the highly traveled Dahlonega Highway corridor in the rapidly growing market of Cumming. The property includes an existing ±1,310 square foot structure originally built in 1950. The building may be suitable for renovation or adaptive reuse; however, the highest and best use is likely redevelopment for commercial, mixed-use, retail, office, service, or investment purposes subject to local approvals. Positioned in a strong traffic corridor with excellent visibility and accessibility, the site offers investors, developers, and owner-users an exceptional opportunity in one of North Georgia’s fastest-growing submarkets. INVESTMENT HIGHLIGHTS *Prime CBD zoning allowing flexible commercial redevelopment potential *Approximately 2.78 acres in a rapidly expanding growth corridor *Excellent frontage and visibility along Dahlonega Highway *Existing structure may be renovated or removed for redevelopment *Strong traffic counts and consumer exposure *Ideal for retail, office, medical, mixed-use, or service-oriented development *Located within the expanding Forsyth County market *Suitable for investors, developers, or owner-users *Paved parking spaces *ADA-marked parking space *Fenced Lot, Cleared & Leveled Lot *New stormwater drainage system *New septic tank *Sewer availalble nearby *Utilities on site PROPERTY DESCRIPTION The property consists of approximately 2.78 acres with an existing 1,310 square foot building constructed in 1950. the current building presents an opportunity for tear-down and redevelopment into a larger commercial project. The site’s CBD zoning creates significant flexibility for future commercial use and redevelopment potential. The property benefits from strong visibility and accessibility along Dahlonega Highway, a major commuter and commercial corridor serving the growing North Georgia market. Given continued population growth and commercial expansion throughout the area, this property presents a compelling opportunity for long-term appreciation and redevelopment. LOCATION OVERVIEW Located in Cumming, the property is positioned within one of Metro Atlanta’s strongest suburban growth markets. The area continues to experience substantial residential and commercial development driven by population growth, household income expansion, and increasing demand for retail and service businesses. The Dahlonega Highway corridor serves as a key transportation route with significant daily traffic and connectivity throughout Forsyth County and surrounding North Georgia communities. ZONING INFORMATION CBD – Commercial Business District Potential uses may include: *Retail *Office *Medical *Mixed-use development *Professional services *Investment redevelopment Buyer to independently verify all permitted uses and development requirements with local authorities. PURCHASE TERMS Asking Price: $1,090,000 Purchase Type: *Cash *Land Loan Financing *1031 Exchange

FOR SALE DETAILS

PRICE

$1,080,000 USD

PRICE/SF

$824 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

PRIME CBD-ZONED COMMERCIAL LAND OPPORTUNITY

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.78 AC

LAND SF

121,097 SF

ZONING

CBD

APN/PARCEL ID

172-034

ASK ABOUT THIS PROPERTY

Annie YangHomeSmartMore Info
770-282-0180

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Annie YangHomeSmartMore Info
770-282-0180

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.