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4645 Hiram Sudie Rd Hiram, GA 30141

Warehouses Google Maps
8,600 SF 1.19 ac lot Built 2006
Entity Owned 6-yr Hold ~ Est. High Equity
Estimated value (blended)
$250k
Range $225k – $275k (±10%)
Property ID US22-1131282

Property summary

AI-generated overview

This exceptional retail property, located at 4645 Hiram Sudie Road in Hiram, Georgia, presents a lucrative investment opportunity. The property boasts a substantial 8,900 square foot building situated on a 1.19-acre lot at the highly visible corner of Highway 120 and Highway 92, ensuring excellent exposure and accessibility. The building underwent a complete renovation in 2020, featuring brand new HVAC systems, flooring, and ceilings, resulting in a modern and well-maintained structure. The ample parking lot is in excellent condition, providing convenient parking for customers and tenants. Currently, the property benefits from several tenants holding long-term leases, contributing to a strong and stable income stream. Additionally, there's potential for increased revenue through the occupancy of spaces currently under short-term leases, offering an owner-occupancy option. The property's impressive 8% capitalization rate underscores its strong financial performance and potential for significant returns. This is a rare opportunity to acquire a well-maintained, high-traffic retail property in a desirable location with a proven track record of success. The combination of long-term tenants, short-term lease flexibility, and recent renovations makes this an exceptional investment prospect. Don't miss out on this chance to own a piece of Hiram's thriving commercial landscape. The asking price is $1,300,000.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2006
Total area 8,600 SF
Lot 1.19 ac (51,836 SF)
Zoning code B2
APN 180.1.3.006.0000
UPID US22-1131282

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Cosmetic Store
  • Media Distribution
  • Party Supply Store Rental Equipment Company
  • Car Rental Facility
  • Tattoo & Piercing Shop

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$636k
Blend (final) Blend
$250k

Owner & transaction history

since 2019
2 recorded transactions
2019
$425,000
2006
Price N/A

Zoning & alternative use

B2 · Hiram, GA

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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