3217 Buford Hwy - Buford Hwy. Cumming, GA 8.5 Acres of Commercial Land Offered at $3,825,000 in Cumming, GA 30041
INVESTMENT HIGHLIGHTS
- Close to Northside Forsyth Hospital.
EXECUTIVE SUMMARY
Seller originally owned 15.5 acres. He sold 4 acres along the back of the property to an adjoining land owner but deeded the MERPA building credits to the front 8.5 commercially zoned acres. There is an additional 2.87 acres that is available, but not zoned.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $3,825,000 |
| Price Per AC | $450,000.00 |
| Lot Size | 8.50 AC |
DESCRIPTION
8.50 +/- Acres zoned CBD Excellent Development Site in Cumming, GA, Forsyth County. Subject property has approximately 500' of frontage on Buford Hwy. with an ADTC 38,800. The subject property is 4 miles from GA Hwy. 400 on Hwy. 20 East (Buford Hwy.) between Windermere Parkway & James Burgess Road in the 400 and Buford Corridor. Highway 20 ADT - 30,000. James Burgess 8,000 ADT. Property falls within Buford Highway Overlay and MERPA. Average Household income of $160,000 within a one mile radius. Over 50,000 Population within 3 mile radius.
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $184,051 | Total Assessment | $184,051 |
