Former Medical Office
1897 Hiram Douglasville Hwy Hiram, GA 30141
1897 Hiram Douglasville Hwy, Hiram, GA, 30141
$325,000
For Sale
$325,000
Approximately 1,800 SF medical office on a 1-acre parcel at the intersection of Nebo and SR92.
Property Size1,800 SF
Lot Size1.00 Acre
Price / SF$180.56
Days on Market129
Property Features for 1897 Hiram Douglasville Hwy
General Information
- Standard status
- Active
- Size
- 1,800 SF
- Lot size
- 1.00 Acre
Listing agency
Harry Norman Realtors
(770) 422-6005
Listed by
Ross Doyle
(770) 422-6005
Source
Exprealty
Added: Mar 16 Updated: Jul 21 at 5:49PM Checked: Jul 22 at 8:30AM
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 Harry Norman Realtors
Investment Insights
Based on property information with market context.
This former medical office space offers approximately 1,800 SF within a 1-acre parcel. The property is positioned at the intersection of Nebo and SR92, with frontage that benefits from its high-traffic area.
The building sits directly adjacent to Cotton Field Plaza, a retail and office complex. The recent expansion along SR92 includes new sewer service and improved traffic flow, supporting accessibility for prospective tenants or buyers.
For sale at $325,000, this property is best suited for buyers seeking an existing medical office setting in a growing area of Paulding County, with documented interest tied to expanding aerospace and advanced manufacturing industries.
The building sits directly adjacent to Cotton Field Plaza, a retail and office complex. The recent expansion along SR92 includes new sewer service and improved traffic flow, supporting accessibility for prospective tenants or buyers.
For sale at $325,000, this property is best suited for buyers seeking an existing medical office setting in a growing area of Paulding County, with documented interest tied to expanding aerospace and advanced manufacturing industries.
Key Highlights
- Approximately 1,800 SF former medical office space
- Set on a 1‑acre parcel at the intersection of Nebo and SR92
- Directly adjacent to Cotton Field Plaza, a retail and office complex
Local Financial Insights For Healthcare Medical
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 | $48.6k | $27.00 |
| − Vacancy | −$5.1k | −$2.84 |
| EGI | $43.5k | $24.17 |
| − OpEx | −$17.4k | −$9.67 |
| NOI | $26.1k | $14.50 |
1,800 SF · lease $27.00/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$372.8K
$326.2K – $435.0K
NOI $26,098 @ 7.0% cap · market cap 8.03%
Second Best
Office B
$344.3K
$301.3K – $401.7K
NOI $24,104 @ 7.0% cap · market cap 7.42%
Theoretical Best
Office A
$505.4K
$442.3K – $589.7K
NOI $35,381 @ 7.0% cap · market cap 10.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
Similar Off Market Nearby
- Koopman Mobile Veterinary Services — Hiram, GA 30141
FAQs
What type of property is this?
Medical Office Space - Approximately 1,800 SF medical office on a 1-acre parcel at the intersection of Nebo and SR92.
Where is this medical office space located?
The property is located at 1897 Hiram Douglasville Hwy Hiram, GA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Approximately 1,800 SF former medical office space; Set on a 1‑acre parcel at the intersection of Nebo and SR92; Directly adjacent to Cotton Field Plaza, a retail and office complex
