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
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Atlanta Hwy Hiram, GA 30141
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Atlanta Hwy Hiram, GA 30141
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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