Back to Search

Commercial Property on Corner Lot

4645 Hiram Sudie Rd, Hiram, GA 30141

View on Map

For Sale

Contact for pricing

8,900 sq ft commercial building on 1.2 acres.

Type:Retail

Property size:

8,900 SF

Lot size:

1.20 Acres

Price / SF:

$162/SF

HighLights

High Cap Rate: 8% indicates strong income potential.
Large Commercial Building: Approximately 8900 sq. ft. provides ample space.
Strategic Location: Corner lot on Hwy 120 and Hwy 92 offers high visibility.
+\/-1.2 acre lot provides development opportunities.
Renovated in 2020 with new HVAC, floor, and ceiling.
Mix of long‑term and short‑term leases allows for owner occupancy.

We can help!

Listing Contact

Raj Shah

For Sale

Contact for pricing

8,900 sq ft commercial building on 1.2 acres.

Type:Retail

Property size:

8,900 SF

Lot size:

1.20 Acres

Price / SF:

$162/SF

Added:: Jul 13, 2024
Days on Market:: 703
Last Refresh:: May 12 at 8:24 pm

Property Features for 4645 Hiram Sudie Rd

General Information

Standard status: Active
Size: 8,900 SF
Lot size: 1.20 Acres
Property subtype: Retail

Building Details

Year Built: 2006

We can help!

Listing Contact

Raj Shah

Listing agent Raj Shah License #436968

Listing office Coldwell Banker Realty

Listing date Jul 13, 2024

Source Crexi

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 Coldwell Banker Realty

HighLights

High Cap Rate: 8% indicates strong income potential.
Large Commercial Building: Approximately 8900 sq. ft. provides ample space.
Strategic Location: Corner lot on Hwy 120 and Hwy 92 offers high visibility.
+\/-1.2 acre lot provides development opportunities.
Renovated in 2020 with new HVAC, floor, and ceiling.
Mix of long‑term and short‑term leases allows for owner occupancy.

Overview

This commercial property features an approximately 8,900 square foot building situated on a 1.2 acre lot at the corner of Highway 120 and Highway 92. The property was renovated in 2020, with updates including a new HVAC system, flooring, and ceiling. The parking lot is in good condition. The property is currently occupied by multiple tenants, some with long-term leases. Other tenants are on short-term leases, presenting a potential opportunity for owner occupancy. The property has a cap rate of 8%.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$195.4k	$21.96
− Vacancy	−$16.6k	−$1.87
EGI	$178.8k	$20.09
− OpEx	−$53.6k	−$6.03
NOI	$125.2k	$14.07

8,900 SF · lease $21.96/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use

Retail

$1.79M

$1.56M – $2.09M (±1% cap)

NOI $125,182 @ 7.0% cap · market cap 8.63%

Second Best

—

no second resolved use

Theoretical Best

Office A

$2.50M

$2.19M – $2.92M (±1% cap)

NOI $174,938 @ 7.0% cap · market cap 12.06%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Create Me Prettier ... (Bike/Boat/Book/etc) Store DEBBY CLASSIQUE Media Distribution VP Royal Rentals Party Supply Store U-Haul Neighborhood Dealer Car Rental Facility Steel Magnolia Tattoo ... Tattoo & Piercing Shop

Suggested Use

Location Insight

Map
Local Demand

City: Hiram
County: Paulding
State: Georgia
Longitude: -84.7663
Latitude: 33.870276

Nearby Similar for Sale

$1,530,000

5,000 SF

Hiram Commercial Space with Garage

Commercial space featuring offices, reception, kitchen, conference room, and garage.

29 Southern Court, Hiram, GA 30141

View Details
$1,530,000

5,000 SF

Hiram Commercial Space with Garage

Commercial space featuring offices, reception, kitchen, garage, and fenced yard.

29 Southern Court, Hiram, GA 30141

View Details
$325,000

1,800 SF

Hiram Medical Office on Acre

Former medical office space on 1 acre in Hiram, GA.

1897 Hiram Douglasville Highway, Hiram, GA 30141

View Details
$858,000

9,100 SF

Freestanding Dollar General Store

Single tenant Dollar General with strong demographics and high traffic.

1670 Hiram Douglasville Hwy , Hiram, GA 30141

View Details
$1,530,000

Warehouse and Industrial Property

For sale warehouse-style industrial property with GPS-friendly access in Paulding County, GA.

29 Southern CT, Hiram, GA 30141

View Details
$329,000

4,200 SF

High-Volume Sports Bar and Restaurant in Hiram | Metro-Atlanta, GA!

Hiram Ga 30141, Hiram, GA 30141

View Details
$3,062,800

3,726 SF

Hiram Retail Space For Sale

Retail space in dense corridor with scheduled rental increases.

5608 Wendy Bagwell Pkwy, Hiram, GA 30141

View Details
Contact for pricing

Specialty Commercial Property

For-sale specialty commercial property in Hiram, Georgia, offered for investors or owner-operators seeking a non-standard asset.

3716 Atlanta Highway, Hiram, GA 30542

View Details
Contact for pricing
149,760 SF

Hiram Land For Sale

Land available for sale in Hiram, Georgia.

Laird Rd And Bill Carruth Pky, Hiram, GA 30141

View Details

For sale
Retail properties & Spaces
GA
Hiram
30141
4645 Hiram Sudie Rd

What type of property is this?

Retail property - 8,900 sq ft commercial building on 1.2 acres.

Where is this retail property located?

The property is located at 4645 Hiram Sudie Rd Hiram, GA.

What is the asking price?

The asking price for this property is $1,450,000.

What are key features of this property?

This property features: High Cap Rate: 8% indicates strong income potential.; Large Commercial Building: Approximately 8900 sq. ft. provides ample space.; Strategic Location: Corner lot on Hwy 120 and Hwy 92 offers high visibility.