Property profile

26 Morningside Dr Hiram, GA 30141

OFF-MARKET
Commercial real estate
Property ID
US22-0637063
889 SF 1.94 ac lot Built 1935
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Property summary

AI-generated overview

This exceptional 1.94-acre corner lot at 26 Morningside Drive in Hiram, GA, presents a unique commercial investment opportunity. The 889 sq ft existing structure, currently permitted for residential use (3 bedrooms), offers immediate potential for conversion to office or retail space. The property boasts a highly desirable B-2 zoning classification, though a zoning refresh may be necessary to fully realize its commercial potential. Convenient curb cuts are already in place on Morningside Drive at a new traffic light, ensuring excellent visibility and accessibility. This strategic location benefits from the ongoing expansion of Hwy 92 to four lanes, extending from I-20, significantly enhancing traffic flow and visibility. Road frontage has already been acquired. The property's placement at a major intersection makes it ideal for a variety of commercial uses, particularly given its position along a key commuter route. Its proximity to the new Greystone Power Headquarters and Hiram's Bill Carruth Parkway, situated north and south on Hwy 92, further underscores its exceptional location within a rapidly developing area. The potential for expansion is also noteworthy, with the possibility of acquiring additional adjacent land. This property represents a compelling investment opportunity in a high-growth commercial corridor.

Property profile

Verified
Property type Commercial real estate
Year built 1935
Total area 889 SF
Lot 1.94 ac (84,506 SF)
UPID US22-0637063

Cap rate & NOI

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

Location

26 Morningside Dr 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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