32 Azalea Dr Hiram, GA 30141
- Mixed-use properties
- 1,411 SF
- 3.83 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 32 Azalea Dr
- Year built
- 1966
- Lot size
- 3.83 lot acres
- Property size
- 1,411 SF
- Property type
- Mixed-use properties
Description
This exceptional 3.83-acre mixed-use property in Hiram, GA, presents a unique investment opportunity. Located at 32 Azalea Drive, the site is zoned for both retail and self-storage development, offering significant flexibility for investors. The property is currently listed at $1,350,000 for the combined retail and self-storage components. Alternatively, the retail portion can be purchased separately for $500,000, while the self-storage portion is available for $1,000,000. The combined purchase allows for the sharing of a retention pond, a significant cost savings. The retail space offers a potential build-out ranging from 19,000 to 22,000 square feet, while the self-storage component could provide up to 80,000 square feet of usable (rentable) space. Access to the property will be via Azalea Drive, which will require improvements to meet county specifications. The existing 1,411 square foot building is not included in the square footage of the potential build-out. Seller financing is available, making this an attractive proposition for qualified buyers. Computer renderings are available to illustrate the potential development possibilities. This property offers a compelling blend of potential income streams and development upside in a growing market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hiram
- County
- Paulding - GA
- State
- Georgia
- Longitude
- -84.77197
- Latitude
- 33.90471
