NOT LISTED FOR SALE

101 Colony Park Dr Unit 100 Cumming, GA 30040

Estimated Value: $1,062,945

4 Beds
1 Bath
5,018 Sq Ft
$212/Sq Ft Est. Value

Highlights

  • Property is near public transit
  • Corner Lot
  • 10 Foot Ceilings
  • Otwell Middle School Rated A
  • Furnished
  • Accessible Approach with Ramp

About This Home

As of February 2022

Rare opportunity for an affordable restaurant/cafe space in sought after city of Cumming. This spot has been a previous popular lunch spot and the old tenant moved out to a larger space. Don't miss your opportunity to cash in on this desirable area and grab the local lunch crowds. Approximately 950 sq ft available with large covered patio, fryer/grill hoods in place, two restrooms, HWY 9 road frontage and close to downtown Cumming.

Last Agent to Rent the Property

Randall Westfall

Westfall Real Estate Group License #265077 Listed on: 01/06/2022

Westfall Real Estate Group

Last Renter's Agent

Glenda Broker

Non-Mls Company

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,914

Year Built

  • Built in 1997

Lot Details

  • 0.67 Acre Lot
  • Property fronts a state road
  • Corner Lot
  • Level Lot
  • Zoning described as Commercial

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 5,018 Sq Ft Home
  • 1-Story Property
  • Furnished
  • 10 Foot Ceilings
  • Fire Sprinkler System

Flooring

  • Tile
  • Vinyl

Parking

  • Paved Parking
  • Parking Lot

Accessible Home Design

  • Accessible Hallway
  • Accessible Doors
  • Accessible Approach with Ramp
  • Accessible Entrance

Location

  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • 220 Volts
  • Phone Available
  • Cable TV Available

Community Details

  • Colony Park Subdivision

Listing and Financial Details

  • Rent includes building & land, equipment, furnishings, maintenance, sewer, water
  • 12-Month Min and 36-Month Max Lease Term

Property Details

Property Type

Other

Est. Annual Taxes

$4,914

Year Built

Built in 1997

Lot Details

0

Rental Info

  • Lease Termsin Months: 12
  • Sub Lease: No
  • Lease Conditions: Deposit Required

Listing Details

  • Property Type: Commercial Lease
  • Total Floors: 1
  • Year Built: 1997
  • Electric: 220 Volts
  • Financing Type: LEASE
  • Lot Size Acres: 0.67
  • Structure Type: Office, Other, Retail
  • Max Rental Period Months: 36
  • Min Rental Period Months: 12
  • Road Frontage Type: County Road, State Road
  • Road Surface Type: Paved
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Accessibility Features: Accessible Doors, Accessible Approach with Ramp, Accessible Entrance, Accessible Hallway(s)
  • Flooring: Tile, Vinyl
  • Other Equipment: Fixtures, Furniture
  • NumberOfBuildings: 1
  • Price Per Square Foot: 21.47

Exterior Features

  • Frontage Road: 200
  • Construction Materials: Brick, Concrete, Frame
  • Lot Features: Business Park, Corner Lot, Level, Near Public Transit
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Paved, Parking Lot

Utilities

  • Cooling: Central Air
  • Heating: Electric, Central
  • Security Features: Fire Sprinkler System
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Phone Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Rent Includes: Building & Land, Equipment, Furnishings, Maintenance, Sewer, Water

Fee Information

  • Fee Paid: No

Lot Info

  • Zoning Description: Commercial

Building Info

  • BuildingAreaTotal: 5018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2018
Sold by
American Security Svcs Inc
Bought by
Reddy Svc Office Suites Llc
Current Estimated Value
$1,062,945

Purchase Details

Closed on
Mar 17, 2010
Sold by
Excel Fcu
Bought by
American Security Services Inc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Reddy Svc Office Suites Llc $550,000 --
American Security Services Inc $410,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2022 02/01/22 Rented $1,700 0.0% --
01/06/2022 01/06/22 For Rent $1,700 -- --
Source: Georgia MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,914 $319,400 $167,500 $151,900
2024 $4,914 $200,392 $67,000 $133,392
2023 $4,932 $200,392 $67,000 $133,392
2022 $5,333 $200,160 $67,000 $133,160
2021 $5,527 $200,160 $67,000 $133,160
2020 $5,527 $200,160 $67,000 $133,160
2019 $5,535 $200,160 $67,000 $133,160
2018 $5,643 $204,040 $100,000 $104,040
2017 $5,051 $181,986 $100,000 $81,986
2016 $5,051 $181,986 $100,000 $81,986
2015 $5,060 $181,986 $100,000 $81,986
2014 $5,318 $200,884 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Randall Westfall

    Landlord's Agent in 2022

    Randall Westfall

    Westfall Real Estate Group

    (404) 664-6018

    42 Total Sales

    Randall Westfall
    Section Image
  • Glenda Broker

    Tenant's Agent in 2022

    Glenda Broker

    Non-Mls Company

    (800) 289-1214

    Glenda Broker
    Section Image
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Map

Source: Georgia MLS

MLS Number: 20011371

Georgia MLS

APN: C29-004

Georgia Forsyth County Cumming 30040

101 Colony Park Dr Unit 100, Cumming, GA

This home is located at 101 Colony Park Dr Unit 100, Cumming, GA 30040 since 06 January 2022 and is currently priced at $1,062,945. This property was built in 1997. 101 Colony Park Dr Unit 100 is a home located in Forsyth County with nearby schools including Cumming Elementary School, Otwell Middle School, and Forsyth Central High School.

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