001 Bill Carruth Pkwy Hiram, GA 30141
This exceptional 7.91-acre commercial property presents a remarkable investment opportunity. Boasting approximately 700 feet of frontage on Bill Carruth Parkway (W. Hiram By-Pass) and limited access from Nebo Road, this tract offers unparalleled visibility and accessibility. Currently zoned R-2 within the city limits of Hiram, Georgia, this land benefits from its strategic location adjacent to the Silver Comet Industrial Park (SCIP), a master-planned 128-acre industrial development. The SCIP's first project, a 367,000 square foot building leased by Automann Inc., a major aftermarket truck part distributor, is already operational and employs 150 people. Further development within SCIP is planned, including multiple Class A manufacturing and warehouse buildings, promising significant job growth in the area. The subject property's location provides easy access to key infrastructure, including Wellstar Paulding Hospital (less than 3 miles SE), Highway 92 (1.5 miles), and I-20 (10 miles). All utilities are conveniently located on-site. The property's potential is further enhanced by the possibility of assemblage with adjacent parcels to the west, potentially adding over 3 acres and extending Nebo Road frontage to nearly 400 feet. Nearby parcels across Bill Carruth Parkway are zoned B-1 and B-2, indicating a strong commercial presence in the immediate vicinity. This property offers endless possibilities for developers and investors seeking a high-visibility location with excellent access and infrastructure.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.