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Property profile & analytics
OFF-MARKET
Mixed-use properties

32 Azalea Dr Hiram, GA 30141

1,411 SF 3.83 ac lot Built 1966
Property ID
US22-0497003
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Mixed-use properties
Year built 1966
Total area 1,411 SF
Lot 3.83 ac (166,835 SF)
UPID US22-0497003
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
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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