4374 Atlanta HwyHiram, GA 30141

  • Strip malls
  • 37,354 SF
For Lease
$18.50/SF/YR View listing

Property Details for 4374 Atlanta Hwy

Year built
2007
Lot size
3.15 AC
Property size (Sq ft)
37,354 SF
Zone code
B1
Property type
Strip malls
Property subtype
Neighborhood centers
APN
146.1.4.037.0000
APU
146140370000

Description

Westside Pavilion, a single-story, 37,500 square foot commercial building situated on a 3.5-acre lot in Paulding County, offers a unique opportunity for businesses seeking high-visibility space. Currently, 12,000 square feet is available, divisible into units as small as 2,400 square feet, with a maximum contiguous space of 12,000 square feet. The building features five total suites and ample parking with 215 spaces. Its strategic location provides unparalleled access to Wellstar Paulding Hospital (less than one mile away), major retailers including Walmart, Home Depot, Academy Sports, and Best Buy (within a five-minute drive), and Paulding County Airport (within a 20-minute drive). The property is zoned commercial and serviced by Greystone power. The building boasts four on-site LED sign boards, ideal for business marketing and brand visibility. Current tenants include MRI Imaging of Georgia, Hiram Center for Family Dentistry, and several other businesses. This property presents a rare opportunity to establish a presence in a thriving commercial area with excellent visibility and convenient access to key amenities and transportation routes. The cross street is Highway 278.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,126,830
    6.5%
    $8,424,770
    7%
    $7,823,000
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,327,980
    Geo Method
    $7,577,720
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $16,526,000
    Mixed-Use / Specialty
    $8,355,590
    Hospitality / Lodging
    $6,079,260
    Office
    $8,265,170
    Institutional / Educational
    $8,672,450
    Residential Income
    $10,146,800
    Multifamily
    $12,386,500
    Automotive / Energy
    $7,433,530
    Parking / Income-Based Land
    $2,603,900
    Restaurant / Food Service
    $4,262,260
    Healthcare / Senior Housing
    $8,608,640

Location Insight

City
Hiram
County
Paulding
State
Georgia
Latitude
33.9032
Longitude
-84.7726
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
$31,836
$346,480
$874,680
$1,221,160
-
$866,200
$2,186,700
$3,052,900

FAQs

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