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    2190 Hiram Douglasville Hwy Hiram, GA 30141
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    Property profile & analytics

    2190 Hiram Douglasville Hwy Hiram, GA 30141

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    • Commercial real estate
    • 16.76 lot acres
    Off-Market
    Property ID
    US22-0334297
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 2190 Hiram Douglasville Hwy

    Lot size
    16.76 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 16.76-acre vacant land parcel presents a remarkable investment opportunity in the thriving Hiram, Georgia market. Strategically located on the newly constructed four-lane Highway 92 (Hiram Douglasville Highway), this property enjoys exceptional visibility and accessibility. Its prime location offers easy access to Bill Carruth Parkway, another four-lane highway, further enhancing its connectivity and potential for development. The address is 2190 Hiram Douglasville Hwy, Hiram, GA 30141, situated in Paulding County. The expansive lot size provides ample space for a variety of commercial or residential projects, catering to the growing demands of the area. Given its location on a major thoroughfare, this property is ideal for businesses seeking high visibility and convenient access for customers. The asking price for this exceptional land tract is $1,995,000. This represents a significant opportunity for investors seeking a strategic land acquisition in a rapidly developing region of Georgia. The property's size and location make it suitable for a wide range of development possibilities, promising substantial returns on investment. Detailed site surveys and environmental assessments are recommended for prospective buyers to fully understand the development potential.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Hiram
    County
    Paulding
    State
    Georgia
    Longitude
    -84.7629525
    Latitude
    33.8619509

    Comparable in this City

    • $10,728,900
      51.09 Acres

      Prime Development Land in Hiram

      85+ acre development site near Atlanta with utilities on-site.
      965 Angham Rd, Hiram, GA 30141
      View Details
    • Contact for pricing
      Pending

      Prime Land Parcel For Development

      4-acre parcel with potential for commercial development and assemblage.
      585 Hiram Douglasville Hwy, Hiram, GA 30141
      View Details
    • $1,100,000
      1.37 Acres

      Ready-to-Build Commercial Lot

      High-exposure commercial lot in Hiram, GA, ready to build.
      823 Bill Carruth Pkwy, Hiram, GA 30141
      View Details
    • $150,000
      1.28 Acres

      Hiram, GA Commercial Land

      1.28 acre lot, great location, sewer available.
      Bill Carruth Pkwy, Hiram, GA 30141
      View Details
    • $985,000
      Pending

      Hiram Land with Commercial Potential

      6+ acres with high exposure, near shopping and major highways.
      244 Rosedale Dr, Hiram, GA 30141
      View Details

    Similar Nearby for Sale

    • $10,728,900
      51.09 Acres

      Prime Development Land in Hiram

      85+ acre development site near Atlanta with utilities on-site.
      965 Angham Rd, Hiram, GA 30141
      View Details
    • Contact for pricing
      Pending

      Prime Land Parcel For Development

      4-acre parcel with potential for commercial development and assemblage.
      585 Hiram Douglasville Hwy, Hiram, GA 30141
      View Details
    • $1,100,000
      1.37 Acres

      Ready-to-Build Commercial Lot

      High-exposure commercial lot in Hiram, GA, ready to build.
      823 Bill Carruth Pkwy, Hiram, GA 30141
      View Details
    • $150,000
      1.28 Acres

      Hiram, GA Commercial Land

      1.28 acre lot, great location, sewer available.
      Bill Carruth Pkwy, Hiram, GA 30141
      View Details
    • $1,200,000
      8.77 Acres

      Hiram Land For Sale

      8.77 acres of potential commercial or industrial land.
      7606 Nebo Rd, Hiram, GA 30141
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Center in Hiram, GA

      High-traffic retail center anchored by OfficeMax in Hiram, Georgia.
      4484 Jimmy Lee Smith Pkwy, Hiram, GA 30141
      View Details
    • Contact for pricing

      Office, Restaurant, Medical Space Available

      Leasable space near Wellstar Paulding Hospital and major retailers.
      4374 Atlanta Hwy, Hiram, GA 30141
      View Details
    • $1,300 /Mo
      1,296 SF

      Hiram Office Space For Rent

      Executive office space featuring a reception area with four offices.
      5604 Wendy Bagwell Pkwy, Hiram, GA 30141
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease in Hiram, Georgia.
      4471 Jimmy Lee Smith Pkwy, Hiram, GA 30141
      View Details
    • Contact for pricing

      Retail/Restaurant Space For Lease

      Retail and restaurant spaces available for lease.
      4525 Jimmy Lee Smith Pkwy, Hiram, GA 30141
      View Details
    • Contact for pricing

      Hiram Restaurant Space For Lease

      Former restaurant space in Hiram's retail hub, available for lease.
      140 Depot Dr, Hiram, GA 30141
      View Details
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    Hiram, GA 30141
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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