Updated Mixed-Use
For Sale
$395,000
100 Angham Road, Hiram, GA 30141
Versatile acreage includes an improved building, fenced grounds, dual entrances, and potential for B-1 commercial use subject to verification.
Property Size1,180 SF
Price / SF$334.75
Days on Market576
Property Features for 100 Angham Road
General Information
Standard status
Active
Size
1,180 SF
Total Parking Spaces
20
Property subtype
Commercial Sale / Mixed Use
Taxes and HOA fees
Annual Taxes
$1,333
Amenities
Space Heater
Hardwood
Block
One
Insulated Windows
Restrooms
Fenced, Privacy
Metal
No
Asphalt
Closed Circuit Camera(s)
2
County Road
Wood Siding
Building Details
Year Built
1911
Listing Agency:
Buy Georgia Realty
(470) 622-7887
Listed By:
Stormy Curtis · License #376942
(470) 622-7887
Source:
Compass
Added: Jan 31, 2025
Changed: Aug 30
Last Checked: Aug 30 at 1:47PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Buy Georgia Realty
Investment Insights
Based on property information with market context.
This mixed-use property combines 3.91 acres with a 1,180-square-foot building constructed in 1911. Recent work includes replacement windows and exterior doors, upgraded plumbing, and a complete electrical update. The improvements also include hardwood surfaces, insulated windows, restrooms, wood siding, and a space heater. Fenced grounds, privacy features, asphalt surfacing, and closed-circuit cameras support a range of practical site functions.
Two entrances provide separate access points, while a natural buffer behind the property helps screen stored equipment from view. The property is located at 100 Angham Road in Hiram, Georgia, minutes from Historic Hiram and Downtown Hiram. It remains outside city restrictions, according to the provided information. The property was originally zoned residential and may have potential for B-1 commercial use; buyers should verify zoning, changes, and restrictions with county authorities.
Two entrances provide separate access points, while a natural buffer behind the property helps screen stored equipment from view. The property is located at 100 Angham Road in Hiram, Georgia, minutes from Historic Hiram and Downtown Hiram. It remains outside city restrictions, according to the provided information. The property was originally zoned residential and may have potential for B-1 commercial use; buyers should verify zoning, changes, and restrictions with county authorities.
Key Highlights
- 3.91‑acre mixed‑use property with a 1,180‑square‑foot building
- 1911 building with updated windows, exterior doors, plumbing, and electrical systems
- Potential for B‑1 commercial use; county zoning verification is advised
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,576
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.94%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$311,520
$311.5K
Cap Rate 7%
$222,514
$222.5K
Cap Rate 9%
$173,067
$173.1K
Market Conditions
NOI Build-Up for 1,180 SF
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.
Gross rent
$28.3K $24.00/SF
− Vacancy
−$3.4K −$2.88/SF
EGI
$24.9K $21.12/SF
− OpEx
−$9.3K −$7.92/SF
NOI
$15.6K $13.20/SF
Area
Paulding County, GA
Vacancy
12.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$311,520
Cap Rate 7%
$222,514
Cap Rate 9%
$173,067
Alternative Uses
Best Use
Mixed Use
$222.5K
$194.7K – $259.6K
NOI $15,576 @ 7.0% cap · market cap 3.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$331.3K
$289.9K – $386.6K
NOI $23,194 @ 7.0% cap · market cap 5.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
306
Businesses Nearby
Explore this area
Business Placement
Demographics for 30141, GA
23,616
Population
9,151
Households
2.6
Avg Household Size
38
Median Age
32%
College-Educated
91%
High-School Grad
27.6 sq mi
ZIP Area
856
Density / Sq Mi
$84,724
Median Household Income
$47,704
Median Earnings
$1,706
Median Rent
$254,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Versatile acreage includes an improved building, fenced grounds, dual entrances, and potential for B-1 commercial use subject to verification.
Where is this mixed-use property located?
The property is located at 100 Angham Road Hiram, GA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 3.91‑acre mixed‑use property with a 1,180‑square‑foot building; 1911 building with updated windows, exterior doors, plumbing, and electrical systems; Potential for B‑1 commercial use; county zoning verification is advised
