Freestanding Retail
4547 Jimmy Lee Smith Parkway, Hiram, GA 30141
For Sale
Contact for pricing
Standalone retail property with a full-width glass storefront and on-site parking.
Property Size6,000 SF
Lot Size0.86 Acres
Price / SF$366.67
Days on Market8
Property Features for 4547 Jimmy Lee Smith Parkway
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Additional Details
Asking Price
Traffic Count
Currently Operating
Building Details
Year Built
Buildings
Tenancy
Listing Agency:
Chasen Commercial Real Estate
Listed By:
Chasen Foster · License #GA
Source:
Crexi
Added: Nov 2
Changed: Nov 8
Last Checked: Nov 8 at 6:16PM
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 Chasen Commercial Real Estate
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Investment Insights
Based on property information with market context.
This freestanding retail building contains approximately 6,000 square feet on 0.86 acres. Built in 2000, it is currently operating as a package store and features a full-width glass storefront with an estimated 30 parking spaces. The property is zoned B-2 Highway Business by the City of Hiram.
The building is set one row back from Jimmy Lee Smith Parkway, within Hiram’s main retail corridor. RaceTrac, Pep Boys, and the Paulding Pavilion shopping center are adjacent; Walmart, The Home Depot, Sam’s Club, and Target are within about one mile. The corridor carries roughly 40,000 vehicles per day.
The building is set one row back from Jimmy Lee Smith Parkway, within Hiram’s main retail corridor. RaceTrac, Pep Boys, and the Paulding Pavilion shopping center are adjacent; Walmart, The Home Depot, Sam’s Club, and Target are within about one mile. The corridor carries roughly 40,000 vehicles per day.
Key Highlights
- Approximately 6,000 SF retail building on 0.86 acres
- Freestanding building with full‑width glass storefront
- Built in 2000; currently operating as a package store
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,392
Cap Rate
3.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,687,840
$1.7M
Cap Rate 7%
$1,205,600
$1.2M
Cap Rate 9%
$937,689
$937.7K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$131.8K $21.96/SF
− Vacancy
−$11.2K −$1.87/SF
EGI
$120.6K $20.09/SF
− OpEx
−$36.2K −$6.03/SF
NOI
$84.4K $14.07/SF
Area
Paulding County, GA
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,687,840
Cap Rate 7%
$1,205,600
Cap Rate 9%
$937,689
Alternative Uses
Best Use
Retail
$1.21M
$1.05M – $1.41M
NOI $84,392 @ 7.0% cap · market cap 3.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M
NOI $117,406 @ 7.0% cap · market cap 5.34%
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
Lease Details
40,000 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
631
Businesses Nearby
815k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 30%
Superstores 26%
Shops & Services 19%
Apparel 13%
Walmart
Superstores
121,701 visits/mo
0.3 miles
Sam's Club
Superstores
89,907 visits/mo
0.4 miles
The Home Depot
Home Improvements & Furnishings
56,673 visits/mo
0.3 miles
Academy Sports + Outdoors
Apparel
56,363 visits/mo
0.3 miles
Texas Roadhouse
Dining
39,886 visits/mo
0.2 miles
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 Retail in South region
Similar Off Market Nearby
- Sam's Club Floral — 4798 Jimmy Lee Smith Pkwy, Hiram, GA 30141
Frequently Asked Questions
What type of property is this?
Storefront property - Standalone retail property with a full-width glass storefront and on-site parking.
Where is this storefront property located?
The property is located at 4547 Jimmy Lee Smith Parkway Hiram, GA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Approximately 6,000 SF retail building on 0.86 acres; Freestanding building with full‑width glass storefront; Built in 2000; currently operating as a package store
