5043 Jimmy Lee Smith Pkwy Hiram, GA 30141
- Retail space
- 103,185 SF
- 13.41 lot acres
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
-
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