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Property profile & analytics
OFF-MARKET
Estimated value
$2,545,000
Office Spaces
1899 Lk Rd Hiram, GA 30141-2291
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0421233
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2003
Total area
12,992 SF
Lot
2.35 ac (102,366 SF)
Zoning code
B1
APN
176.1.2.010.0000
UPID
US22-0421233
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
West Georgia Family Medicine Pc Medical Clinic
-
Lance Williamson American Family Insurance Insurance Agency
-
John Crumblin - State Farm Insurance Agent Insurance Agency
-
Dr. Terry N. Langford, DO Pediatrician Physician
-
O'Kelley & Sorohan, Attorneys At Law, LLC Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.53M
CAP Approach
CAP
$2.64M
Comparable Approach
Comparable
$3.21M
Blend (final)
Blend
$2.55M
Owner & transaction history
Hiram Lake Road LLC · 4 yrs held
Hiram Lake Road LLC
since 2022
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
B1 · Hiram, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.6M
+16.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hiram submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hiram submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,550,000
ML approach
$2,530,000
CAP Approach
CAP Return
Estimation
6%
$2,860,000
6.5%
$2,640,000
7%
$2,450,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,240,000
Current use
RETAIL STORES
$2,605,000
Change: +16% · Conversion: Easy
Blend value · Realmo final
$2.55M
Range $2.29M – $2.80M · ±10% · vs last sale $2.50M (Jan 21 2022)
Last sale anchor
$2.50M
Jan 21 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$196 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$24,735
Tax year 2023
Assessed value
$1,154,560
Assessed 2023
Previous assessed
$1,154,560
+0.0% YoY
Effective rate
2.14%
On assessed value
Assessed land
$235,000
Assessed improvement
$919,560
Land market value
$587,500
Improvement market value
$2,298,900
Total market value
$2,886,400
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2003
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Rooms
3
Total area
12,992 SF
Lot
2.35 ac (102,366 SF)
Zoning code
B1
APN
176.1.2.010.0000
UPID
US22-0421233
Jurisdiction
PAULDING
Zoning & alternative use
B1 · Hiram, GA
Zoning B1 · permitted uses
B1 · Hiram, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hiram. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.2M
RETAIL STORES
Est. value
$2.6M
COMMERCIAL (GENERAL) Current
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2003
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Rooms
3
Lot
2.35 ac
Current owner
From public records · entity-resolved
Hiram Lake Road LLC
Entity
Mailing address
11255 PARSONS RD #100, JOHNS CREEK, GA 30097-1703
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2022
$2,500,000
Hiram Lake Road LLC
Jhj 1899 Lake Road LLC
Warranty Deed
$1,750,000 · First Citizens Bank
Dec 9, 2015
$1,095,000
Jhj 1899 Lake Road LLC
Affinity Bk
Grant Deed
—
Dec 9, 2015
—
Jhj 1899 Lake Road LLC
Affinity Bk
Quit Claim Deed
related
—
Mar 28, 2007
$1,600,000
Tidwell Carruth Properties LLC
Jmc Development INC
Warranty Deed
related
—
Mar 26, 2007
$1,600,000
Tidwell Carruth Properties LLC
Jmc Development INC
Grant Deed
—
—
—
Tidwell Carruth Properties LLC
—
Loan Modification
related
$3,260,700 · Affinity Bank
—
—
Tidwell Carruth Properties LLC
—
Loan Modification
related
$1,506,268 · Affinity Bank
—
—
Jhj 1899 Lake Road LLC
—
Deed Of Trust
related
$825,000 · Bank Of The Ozarks
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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