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8140 Nicholson Road
About This Property
Previously cleared for a homesite and garden, the property has since grown over with brush but still offering a head start for creating your vision while maintaining the surrounding natural beauty. Zoned A1 with no HOA, the possibilities are endless, whether you envision a custom home, private estate, multi-generational family compound, hobby farm, or long-term investment. A creek runs along the side of the property without impeding or limiting potential building sites.
Enjoy the tranquility of country living while remaining conveniently located near Poole's Mill Elementary, Liberty Middle, and North Forsyth High School, as well as Matt Town Center, Publix, shopping, dining, and Matt Highway. Outdoor recreation awaits at Poole's Mill Park, Eagle's Beak Park, Matt Community Park, and Sawnee Mountain Park.
With its usable acreage, privacy, natural beauty, and convenient access to everyday amenities, this property offers a unique opportunity to build in one of Forsyth County's growing communities. Bring your builder and your vision to 8140 Nicholson Road, Cumming!
Please note: An uninhabitable mobile home and greenhouse are located on the property. Do not attempt to enter either. Shown by appointment only
There are cameras on the property
PLEASE DO NOT PARK IN THE ADJACENT DRIVEWAY!!
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 17, 2026 | In contract | - | |
| In contract | |||
| Oct 2, 2026 | Listed by Heartland Real Estate, LLC | $225,000 | |
| Listed by Heartland Real Estate, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017