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Property profile & analytics
OFF-MARKET
Estimated value
$3,875,000
Retail space
5035 Jimmy Lee Smith Pkwy Hiram, GA 30141
Entity Owned
13-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0653187
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2007
Total area
30,012 SF
Lot
3.52 ac (153,331 SF)
Zoning code
B2-100
APN
176.1.2.022.0000
UPID
US22-0653187
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
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.88M
Owner & transaction history
Best Buy Of Hiram INC · 13 yrs held
Best Buy Of Hiram INC
since 2012
7 recorded transactions
Zoning & alternative use
B2-100 · Hiram, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hiram submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hiram submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$6,015,000
Current use
COMMERCIAL (GENERAL)
$5,175,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$3.88M
Range $3.49M – $4.26M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$129 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$41,033
Tax year 2023
Assessed value
$1,573,960
Assessed 2023
Previous assessed
$1,457,120
+8.0% YoY
Effective rate
2.61%
On assessed value
Assessed land
$352,000
Assessed improvement
$1,221,960
Land market value
$880,000
Improvement market value
$3,054,900
Total market value
$3,934,900
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2007
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Bathrooms
2
Total area
30,012 SF
Lot
3.52 ac (153,331 SF)
Zoning code
B2-100
APN
176.1.2.022.0000
UPID
US22-0653187
Jurisdiction
PAULDING
Zoning & alternative use
B2-100 · Hiram, GAZoning B2-100 · permitted uses
B2-100 · Hiram, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$6.0M
COMMERCIAL (GENERAL)
Est. value
$5.2M
RETAIL STORES Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
2
Lot
3.52 ac
Current owner
From public records · entity-resolved
Best Buy Of Hiram INC
Entity
Free & Clear · 13 yrs held
Mailing address
4701 1ST AVE SE STE #11, CEDAR RAPIDS, IA 52402-3204
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 26, 2022
—
Best Buy Of Hiram INC
—
Deed
related
$2,100,000 · Farmers State Bank
Sep 25, 2012
—
Best Buy Of Hiram INC
Led Hiram Investors LLC
Quit Claim Deed
related
—
Sep 25, 2012
$5,200,000
Best Buy Of Hiram INC
Led Hiram Investors LLC
Grant Deed
$3,300,000 · Symetra Life Insurance Co
Jun 24, 2011
—
Led Hiram Investors LLC
Hiram Ll LLC
Quit Claim Deed
related
—
Jan 24, 2011
—
Led Hiram Investors LLC
Hiram Ll LLC
Quit Claim Deed
related
$4,652,632 · Cb&t
Jan 6, 2006
—
Hiram Ll LLC
Yeun Sung Yim Family Ptshp Lllp
Quit Claim Deed
related
$4,000,000 · Columbus Bank & Trust Co
Jan 6, 2006
$3,400,000
Hiram Ll LLC
Yeun Sung Yim Family Ptshp Lllp
Grant Deed
related
—
—
—
Led Hiram Investors LLC
—
Deed Of Trust
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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