Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,375,000
Retail space
55 Pace Ct Hiram, GA 30141-2171
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0677170
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1999
Total area
10,136 SF
Lot
1.83 ac (79,715 SF)
Zoning code
B2-0
APN
146.3.4.066.0000
UPID
US22-0677170
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
Current use
Occupant on record · Public records
-
Hiram Beauty Supply 2 (Bike/Boat/Book/etc) Store Cosmetic Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.38M
Owner & transaction history
Spirit Master Funding Vii LLC · 12 yrs held
Spirit Master Funding Vii LLC
since 2014
7 recorded transactions
Zoning & alternative use
B2-0 · 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
$2,030,000
Current use
COMMERCIAL (GENERAL)
$1,750,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$1.38M
Range $1.24M – $1.51M · ±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
$136 / 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
$14,564
Tax year 2023
Assessed value
$558,640
Assessed 2023
Previous assessed
$549,760
+1.6% YoY
Effective rate
2.61%
On assessed value
Assessed land
$350,720
Assessed improvement
$207,920
Land market value
$876,800
Improvement market value
$519,800
Total market value
$1,396,600
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
1999
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Bathrooms
2
Total area
10,136 SF
Lot
1.83 ac (79,715 SF)
Zoning code
B2-0
APN
146.3.4.066.0000
UPID
US22-0677170
Jurisdiction
PAULDING
Zoning & alternative use
B2-0 · Hiram, GAZoning B2-0 · permitted uses
B2-0 · 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
$2.0M
COMMERCIAL (GENERAL)
Est. value
$1.8M
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
1999
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
2
Lot
1.83 ac
Current owner
From public records · entity-resolved
Spirit Master Funding Vii LLC
Entity
Mailing address
4215 JIMMY LEE SMITH PKWY, HIRAM, GA 30141-2639
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2023
—
James S Lee
—
Deed
related
$845,000 · Jp Morgan Chase Bank
Sep 19, 2017
—
James Seon Woo Lee
—
Deed
related
$950,000 · Noa Bank
Mar 11, 2014
—
Spirit Master Funding Vii LLC
Spirit Master Funding V LLC
Quit Claim Deed
related
$330,000,000 · Citibank NA
May 10, 2011
$1,955,000
Cole Bu Portfolio I LLC
Figryanh LLC
Grant Deed
—
Dec 1, 2006
$2,145,400
Figryanh LLC
Ryans Restaurant Group INC
Deed
$126,500,000 · German Am Cap Corp
—
—
Fire Mountain Restaurant LLC
—
Deed Of Trust
related
—
—
—
Fire Mountain Restaurant LLC
—
Deed Of Trust
related
—
—
—
Fire Mountain Restuarants LLC
—
Deed Of Trust
related
—
—
—
Fire Mountain Restaurants 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 55 Pace Ct?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
