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Flex Space with Drive-Through Garage
For Sale
$1,530,000

29 Southern Court, Hiram, GA 30141

Commercial Sale, Hiram, GA

Property Size5,000 SF
Lot Size1.07 Acres
Price / SF$306
Days on Market183

Property Features for 29 Southern Court

General Information

Property type Commercial Sale
Property subtype Other
Zoning I-10
Parking 10
Parking features Covered
Interior features Reception Area, Restrooms
Lot features Business Park, Industrial Park
Directions GPS Friendly
Standard status Active
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

Amenities

conference room

Building Details

Year built 2008
Floors in Building 1
Flooring type Stone, Concrete
Listing Agency: REMAX Around Atlanta · RE/MAX International
Listed By: JULIE BELL · License #184157
Added: May 1 Changed: Oct 26 Last Checked: Oct 30 at 12:06AM
MLS# 7763058

Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 5,000-square-foot flex property, built in 2008, combines office and industrial functionality within a single facility. The office component includes several offices, a reception area, kitchen, bathroom, and conference room. A large garage area provides six roll-up doors arranged across the front and rear for drive-through access. The property also includes central air, concrete and stone flooring, a fenced rear yard, covered parking, and a public water supply with septic service.

The 1.07-acre site is located at 29 Southern Court in Hiram, Georgia, within Paulding County. Industrial-spec site improvements include 10-inch, 5,000-psi concrete with fiber, rebar, and wire mesh across the driveway parking and shop areas. The rear parking area accommodates trucks or cars, while guest parking is positioned at the front. Zoning is I-10, with a direct route to the airport and proximity to downtown Atlanta.

Key Highlights

  • 5,000‑square‑foot flex property on a 1.07‑acre site
  • Six roll‑up doors—three front and three rear—provide drive‑through garage access
  • 16‑foot eave height in the garage area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$66,955
Cap Rate
4.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,339,100 $1.3M
Cap Rate 7%
$956,500 $956.5K
Cap Rate 9%
$743,944 $743.9K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$119.4K $23.87/SF
− Vacancy
−$30.1K −$6.02/SF
EGI
$89.3K $17.85/SF
− OpEx
−$22.3K −$4.46/SF
NOI
$67.0K $13.39/SF
Area
Paulding County, GA
Vacancy
25.20%
Lease Rate
$23.87 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,339,100
Cap Rate 7%
$956,500
Cap Rate 9%
$743,944

Alternative Uses

Best Use
Office B
$956.5K
$836.9K – $1.12M (±1% cap)
NOI $66,955 @ 7.0% cap · market cap 4.38%
Second Best
Warehouse
$524.3K
$458.8K – $611.7K (±1% cap)
NOI $36,704 @ 7.0% cap · market cap 2.40%
Theoretical Best
Office A
$1.40M
$1.23M – $1.64M (±1% cap)
NOI $98,280 @ 7.0% cap · market cap 6.42%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Pharmacy Big Box & Wholesale Store Garden Center Plumbing Service (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16 ft
Clear height
6
Drive-in doors
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

220
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Office and industrial areas combine with a fenced rear yard, guest parking, and truck-accessible surface improvements.
Where is this flex space located?
The property is located at 29 Southern Court Hiram, GA.
What is the asking price?
The asking price for this property is $1,530,000.
What are key features of this property?
This property features: 5,000‑square‑foot flex property on a 1.07‑acre site; Six roll‑up doors—three front and three rear—provide drive‑through garage access; 16‑foot eave height in the garage area
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Includes: Price & PSF · Cap rate · Location · Zoning

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