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1107 Atlanta Highway
Cumming, GA 30040
Asking Price
$7.99M
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 8.45 acres <ul><li>±8.45-acre fully developed site</li><li>CBD zoning with all utilities available</li><li>Approved site plan for ±60,000 SF of retail/special-use development</li><li>Approximately 1,200 feet of frontage on Atlanta Highway</li><li>150 completed surface parking spaces</li><li>Deceleration lane, detention pond, and parking lot already constructed</li><li>Prime location just south of downtown Cumming</li><li>Traffic counts of approximately 12,700 VPD</li></ul>
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NOI
$80,000
Cap Rate
1.00%
DSCR
0.17
Underwater
Cash-on-Cash
-16.45%
Monthly Payment
$39,530.161
Annual Cash Flow
$-394,361.926
