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517 Kelly Mill Rd
Cumming, GA 30040

Land For Sale · 6.64 AC

Investment Highlights

  • The property is currently zoned R-1, with potential to be rezoned to R-3 Residential (single- or multi-family), 3.0-6.0 units per acre.
  • 450'+- of road frontage on Kelly Mill Rd and is minutes from the new City Center, Forsyth County schools and Downtown Cumming.
  • Fully cleared 6.64 Acre Parcel inside the City Limits of Cumming with access to Water, Natural Gas, and gravity flow sewer within 450'
  • Possible Assemblage for 12+- Acre Site

Executive Summary

The property is currently zoned R-1, with potential to be rezoned to R-3 Residential (single- or multi-family), 3.0-6.0 units per acre. This property has great development potential and has approximately 450'+- of road frontage on Kelly Mill Rd and is minutes from the new City Center, Forsyth County schools and Downtown Cumming.

PROPERTY FACTS

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Single Family Development
Total Lot Size 6.64 AC

1 Lot Available

Lot

Price $2,402,067 CAD
Price Per AC $361,757 CAD
Lot Size 6.64 AC

Fully Cleared Pasture Land, Level/ Gentle Topography, High Visibility, 450' of road frontage, Inside City Limits.

Description

Fully cleared 6.64 Acre Parcel inside the City Limits of Cumming with access to Water, Natural Gas, High Speed Internet, and gravity flow sewer within 450+- feet. The property is currently zoned R-1, with potential to be rezoned to R-3 Residential (single- or multi-family), 3.0-6.0 units per acre. This property has great development potential and has approximately 450'+- of road frontage on Kelly Mill Rd and is minutes from the new City Center, Forsyth County schools and Downtown Cumming.

zoning

Zoning Code R-1 (The property is currently zoned R-1, with potential to be rezoned to R-3 Residential (single- or multi-family), 3.0-6.0 units per acre.)
R-1 (The property is currently zoned R-1, with potential to be rezoned to R-3 Residential (single- or multi-family), 3.0-6.0 units per acre.)
  • Listing ID: 28118911

  • Date on Market: 2023-04-01

  • Last Updated:

  • Address: 517 Kelly Mill Rd, Cumming, GA 30040

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