Property profile

1 Bill Carruth Pkwy Hiram, GA 30141

OFF-MARKET
Land
3.97 ac lot
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Property summary

AI-generated overview

This exceptional 3.97-acre commercial land parcel presents a compelling investment opportunity in the thriving Hiram, Georgia market. Located at 1 Bill Carruth Parkway, this property boasts a highly visible location at the intersection of Bill Carruth Parkway and Greystone Parkway, offering excellent exposure to significant traffic volume. The property is conveniently situated near Wellstar Paulding Medical Center, providing immediate access to a substantial population base and potential synergy with healthcare-related businesses. Currently zoned B-2, this parcel allows for a wide range of general commercial uses, making it suitable for various development projects. The property's size and zoning provide flexibility for a single development or the potential for combining with an adjacent 12.37-acre parcel to the north (sold separately). This strategic location, combined with the availability of sewer services, makes this a highly attractive site for businesses seeking a prominent presence in a rapidly growing area. The asking price is $1,300,000, translating to approximately $327,456 per acre, reflecting the prime location and development potential. The APN is 080660. This is a rare opportunity to acquire a significant commercial land parcel in a desirable location with excellent growth prospects.

Property profile

Verified
Property type Land
Lot 3.97 ac (172,933 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1 Bill Carruth Pkwy Hiram, GA 30141
Hiram metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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