29 Southern Court Hiram, GA 30141
COMMERCIAL - Hiram, GA
Property Features for 29 Southern Court
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 10
- Parking features
- Covered
- Standard status
- Active
- APN
- 49624
- Size
- 5,000 SF
- Lot size
- 1.07 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 4235
Utilities
- Utilities
- Cable Available
- Sewer type
- Septic Tank
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2008
- Flooring type
- Concrete, Stone
Listing agent Julie Bell License #184157 (404) 790-4680
Listing office REMAX Around Atlanta 5205 Stilesboro Rd NW B100#100, Atlanta, GA (770) 419-1986
Listing date May 1, 2026
Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Key Highlights
- Rare commercial space in a great location with numerous income possibilities.
- Huge garage area with drive‑through access via six rollup doors.
- Industrial‑spec concrete (10 inch 5000 psi) with fiber, rebar, and wire mesh.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $119.4k | $23.87 |
| − Vacancy | −$30.1k | −$6.02 |
| EGI | $89.3k | $17.85 |
| − OpEx | −$22.3k | −$4.46 |
| NOI | $67.0k | $13.39 |
