Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4471 Jimmy Lee Smith Pkwy Hiram, GA 30141
    Back to Search
    Property profile & analytics

    4471 Jimmy Lee Smith Pkwy, Hiram, GA 30141

    View on Map
    • Strip malls
    • 68,669 SF
    • 7.95 lot acres
    For Lease
    $7,950,000
    View Listing →
    Retail Space For Lease For Lease
    $7,950,000

    Retail Space For Lease

    Retail space available for lease in Hiram, Georgia.

    4471 Jimmy Lee Smith Pkwy, Hiram, GA 30141
    View Listing
    Property ID
    US22-0998000
    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
    $7,950,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Nexlevel Barbershop / Barber Shop
    • Wild Crab / Bar & Pub
    • Paulding Pavilion / Shopping Center & Mall
    • Neighbor Newspapers / Publishing House / Newspaper & Magazine
    • Big Air Trampoline Park / Arcade & Gaming Center / Family Recreation Center

    Property Details for 4471 Jimmy Lee Smith Pkwy

    Year built
    1996
    Lot size
    7.95 lot acres
    Zone code
    B1
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    145.4.4.008.0000
    APU
    145440080000

    Description

    This exceptional 1,400 square foot retail space is available for lease in the vibrant city of Hiram, Georgia. Located at 4471 Jimmy Lee Smith Pkwy, this single-tenant property offers ample parking for customers and employees, ensuring convenient access. The building's total square footage is 1,400 square feet, all of which is currently vacant and ready for immediate occupancy. The property is classified as retail and specifically as a shop, making it ideal for a wide range of businesses. Its location in Paulding County, Georgia, provides excellent visibility and accessibility. The property's address is 4471 Jimmy Lee Smith Pkwy, Hiram, GA 30141. This presents a fantastic opportunity for a business seeking a well-located, spacious, and readily available retail space in a growing community. The property is ready for immediate lease and offers a blank canvas for your business to thrive. The ample parking ensures customer convenience, a key factor for attracting and retaining clientele. This single-tenant occupancy provides complete control and flexibility for the lessee. Don't miss this chance to establish your business in this prime Hiram location. Contact us today to schedule a viewing.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $7,190,000
      ML approach
      $8,005,000

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $12,250,000
      COMMERCIAL (GENERAL)
      $11,140,000
      RESTAURANT
      $5,960,000
      MEDICAL BUILDING
      $5,465,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Hiram
    County
    Paulding
    State
    Georgia
    Longitude
    -84.753
    Latitude
    33.8927
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $76,859
    $692,600
    $2,255,592
    $2,948,192
    -
    $1,731,500
    $5,638,980
    $7,370,480

    Comparable in this City

    • Value Estimation
      $1,250,000
      51,161 SF

      76 Highland Pavilion Ct

      SHOPPING CENTER, STRIP CENTER
      76 Highland Pavilion Ct, Hiram, GA 30141-3169
      View Details
    • Value Estimation by Request
      7,488 SF

      66 Hiram Douglasville Hwy

      SHOPPING CENTER, STRIP CENTER
      66 Hiram Douglasville Hwy, Hiram, GA 30141-2715
      View Details
    • Value Estimation by Request
      9,000 SF

      1665 Hiram Douglasville Hwy

      SHOPPING CENTER, STRIP CENTER
      1665 Hiram Douglasville Hwy, Hiram, GA 30141-3703
      View Details
    • Value Estimation
      $1,810,000
      24,200 SF

      45 Darbys Xing Dr

      SHOPPING CENTER, STRIP CENTER
      45 Darbys Xing Dr, Hiram, GA 30141-2294
      View Details
    • Value Estimation
      $505,000
      17,000 SF

      45 Enterprise Path

      SHOPPING CENTER, STRIP CENTER
      45 Enterprise Path, Hiram, GA 30141-2691
      View Details
    • Value Estimation
      $760,000
      14,400 SF

      5220 Jimmy Lee Smith Pkwy

      SHOPPING CENTER, STRIP CENTER
      5220 Jimmy Lee Smith Pkwy, Hiram, GA 30141-2739
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,726 SF

      Hiram Retail Space For Sale

      Retail space in dense corridor with scheduled rental increases.
      5608 Wendy Bagwell Pkwy, Hiram, GA 30141
      View Details
    • Contact for pricing
      8,900 SF

      Commercial Property on Corner Lot

      8,900 sq ft commercial building on 1.2 acres.
      4645 Hiram Sudie Rd, Hiram, GA 30141
      View Details
    • $858,000

      Freestanding Dollar General Store

      Single tenant Dollar General with strong demographics and high traffic.
      1670 Hiram Douglasville Hwy, Hiram, GA 30141
      View Details
    • $975,000
      1.30 Acres

      Hiram, GA Commercial Land

      1.3-acre property suitable for office, retail, or commercial development.
      4240 Atlanta Hwy, Hiram, GA 30141
      View Details
    • $3,480,471
      3,726 SF

      Hiram McAlister's Deli Investment

      Prime McAlister's Deli; strong ROI.
      5608 Wendy Bagwell Pky, Hiram, GA 30141
      View Details
    • $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

    Similar Nearby for Lease

    • Contact for pricing

      Hiram Retail Shopping Center Space

      17,000 sq. ft. shopping center on main thoroughfare.
      45 Enterprise Path, 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
    • 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

      Retail Space For Lease

      Retail space available for lease in Hiram, Georgia.
      4471 Jimmy Lee Smith Pkwy, Hiram, GA 30141
      View Details
    • New
      $1,300 /Mo
      1,296 SF

      Hiram Office Space For Rent

      Executive office space with reception area, kitchenette, and restroom.
      5604 Wendy Bagwell 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
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4471 Jimmy Lee Smith Pkwy
    Hiram, GA 30141
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4471 Jimmy Lee Smith Pkwy, Hiram, GA, 30141
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!