± 3.29 Acre Commercial Land Site Opportunity | Cumming, GA

5364 Bethelview Road Cumming, GA 30040

5364 Bethelview Road, Cumming, GA, 30040
5364 Bethelview Road, Cumming, GA, 30040 5364 Bethelview Road, Cumming, GA, 30040 5364 Bethelview Road, Cumming, GA, 30040 5364 Bethelview Road, Cumming, GA, 30040 5364 Bethelview Road, Cumming, GA, 30040
FOR SALE
Property Type:
Commercial Land Development
Amount:
$999,000
Last Verified:
Sep 30, 2024

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Highlights

  • Located in the heart of Forsyth County, GA
  • Forsyth is the fastest-growing county in metro Atlanta and the 15th fastest-growing county in the United States
  • Surrounded by high density subdivisions
  • Average HH Income is above $174,000.00 within a 3 mile radius
  • Traffic counts on Bethelview Road exceed 15,000 VPD
  • All utilities available, including sewer
  • Gently rolling topography

Description

This ± 3.29 acre commercial parcel is located in the heart of Forsyth County, near Cumming, GA. Forsyth County is one of the fastest growing counties in the US, and this neighborhood is in one of the most desirable areas of the county. With an average household income of nearly $150,000, this is the perfect site for neighborhood retail, office, medical, and many other potential uses. The parcel has over 750’ of frontage on Bethelview Road and lies adjacent from the Bethelview Road Trailhead/Big Creek Greenway. Traffic counts on Bethelview Road exceed 15,000 VPD.

After being rezoned to PUD in 2017, this parcel was set aside for the potential development of up to six office pads, with each allowing two story, ± 5,000 SF office buildings. Most commercial uses, as well as multifamily, will be subject to approval. Per the Forsyth County UCC classification, “based on the zoning site plan approved by the board of commissioners, the director of the department of planning and community development shall designate specific areas, within PUD zoning classifications, as commercial and industrial, when such areas have the characteristics of a commercial or industrial district.”

This ±3.29 acre commercial parcel is located in the heart of Cumming, GA.

Lot Size: 3.29 acres


Documents

Offering Memorandum

Map of 5364 Bethelview Road, Cumming, GA, 30040

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.