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Property profile & analytics

140 Depot Dr Hiram, GA 30141

  • Turn key restaurants
  • 6,744 SF
  • 2.12 lot acres
For Lease
Last Sale
Feb 10, 2023
Value Estimations
$425,000
Cap Rate Potential
Location Intelligence
Property ID
US22-0847786
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Texas Roadhouse / Steak House / American Restaurant

Property Details for 140 Depot Dr

Year built
2003
Lot size
2.12 lot acres
Property size
6,744 SF
Zone code
B2
Property type
Turn key restaurants
APN
176.1.1.018.0000
APU
176110180000

Description

This ±6,400 square foot free-standing restaurant building, formerly a Texas Roadhouse, presents a unique opportunity in Hiram's thriving retail sector. Situated on its own outparcel adjacent to the Paulding Exchange Shopping Center, the property boasts exceptional visibility and accessibility. Multiple points of ingress and egress ensure convenient traffic flow for both customers and employees. The building's strategic location within Hiram's retail hub places it in close proximity to a concentration of national big-box retailers, including Walmart, Home Depot, Sam's Club, Target, Academy, and JCPenney, creating a high-traffic environment and strong customer base. The single-tenant occupancy offers flexibility for a variety of restaurant concepts. The property is located in Paulding County and is ideal for an operator seeking a well-established location with significant brand recognition potential. This is a rare opportunity to acquire a substantial restaurant space in a prime retail location with excellent visibility and access. The building's size and location make it suitable for a variety of restaurant concepts, offering a strong foundation for a successful business venture. The surrounding retail environment provides a robust customer base and significant foot traffic. This property is ready for immediate occupancy and presents a compelling investment opportunity.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $370,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $478,000
    Market price range: $466k - $890k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Hiram
County
Paulding
State
Georgia
Longitude
-84.7528
Latitude
33.8885
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$14,588
$258,560
$301,000
$559,560
-
$646,400
$752,500
$1,398,900
More about this property
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