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Property profile & analytics

5043 Jimmy Lee Smith Pkwy Hiram, GA 30141

  • Retail space
  • 103,185 SF
  • 13.41 lot acres
Value Estimation
$5,915,000
Last Sale
Sep 12, 2022
$6,000,000
Location Intelligence
Property ID
US22-2009639
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.

Current Use by Public Records

  • Masterpieces By Lo Hair Studio / Hair Salon
  • SEPHORA inside JCPenney / Cosmetics Store / Perfume Store
  • JCPenney Portraits / Photographer / Portrait Studio
  • JCPenney / Clothing Store / Department Store
  • JCPenney Salon / Beauty Supply Store / Hair Salon

Property Details for 5043 Jimmy Lee Smith Pkwy

Year built
2009
Lot size
13.41 lot acres
Property size
103,185 SF
Zone code
B2
Property type
Retail space
APN
176.2.1.016.0000
APU
176210160000

Description

This exceptional 50,000 square foot retail pad site presents a remarkable new construction opportunity in the thriving Hiram, Georgia market. Located at 5043 Jimmy Lee Smith Pkwy, in Paulding County, this single-tenant property boasts 30,000 square feet of vacant land, ideal for immediate development. The site benefits from a highly desirable location adjacent to established national retailers, including JCPenney, Best Buy, Arby's, Discount Tire, and Truist Bank, ensuring high visibility and significant foot traffic. This strategic positioning within a bustling retail corridor guarantees strong potential for attracting a diverse range of businesses and maximizing return on investment. The property's classification as commercial land, combined with its substantial size and prime location, makes it an unparalleled opportunity for developers seeking to establish a new retail presence in a rapidly growing area. The address is 5043 Jimmy Lee Smith Pkwy, Hiram, GA 30141. This property is zoned for commercial use and offers excellent access to major transportation routes, further enhancing its appeal and accessibility. The site's proximity to established businesses creates a synergistic environment, promising a successful venture for the right developer. Don't miss this chance to secure a premier retail location in a vibrant and expanding community.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $5,875,000
  • CAP approach

    CAP return
    Estimation
    6%
    $6,180,000
    6.5%
    $6,275,000
    7%
    $6,435,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $5,695,000
    Geo Method
    $5,565,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $6,085,000
    Retail
    $6,230,000
    Mixed-Use
    $5,250,000
    Hospitality
    $7,065,000
    Educational
    $6,915,000
    Residential Income
    $5,605,000
    Energy
    $6,970,000
    Income-Based Land
    $6,560,000
    Food Service
    $7,110,000

Location Insight

  • Map
  • Local Demand
City
Hiram
County
Paulding
State
Georgia
Longitude
-84.7447
Latitude
33.8908
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
$89,094
$444,754
$2,972,726
$3,417,480
-
$1,111,886
$7,431,814
$8,543,700
More about this property
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