Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Lots in Prime Location Title is generated by Realmo AI

    104 Martin Cemetary Road, Carrollton, GA 30117

    View on Map
    Claim this Listing
    For Sale
    $4,563,000

    LAND - Carrollton, GA

    Lot size:
    65.54 Acres
    Added:
    Apr 8, 2026
    Days on Market:
    57
    Last Refresh:
    Jun 3 at 2:06 pm

    Property Features for 104 Martin Cemetary Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Cleared, Wooded
    Standard status
    Active
    APN
    C07 0570066
    Lot size
    65.54 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    7064

    Utilities

    Utilities
    Cable Available
    Sewer type
    Septic Tank
    Water source
    Public
    Water front features
    Creek
    Water front
    1

    We can help!

    Listing Contact
    Paul Zachos

    Listing agent Paul Zachos License #158832

    Listing office Keller Williams Realty Atl. Partners 560 Newnan Crossing Bypass, Suite 200, Newnan, GA

    Listing date Apr 8, 2026

    MLS# 10728116 Listing URL

    Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 27 residential developed 1+ acre lots
    • Prime location minutes to Carrollton Square and attractions
    • Architectural controls in place
    • Sought after Carrollton City School District
    • Less than a mile to Carrollton Greenbelt Trailhead
    • Easy commute to I‑20

    Overview

    This property features 27 developed residential lots, each exceeding one acre. Architectural controls are in place, requiring plan approval by the developer and a minimum of 2,000 square feet for each home. The developer is open to a take-down schedule in two phases. The location offers convenient access to Carrollton Square and various attractions, including Sunset Hills Country Club, Lake Carroll, Tanner Medical Center, and The University of West Georgia. Commuting to I-20 is facilitated by the property's location. The property is located within the Carrollton City School District. A trailhead of the Carrollton Greenbelt, an 18-mile paved loop trail, is less than a mile away. The property spans 65.54 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center Kitchen & Bath Showroom

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Carrollton
    County
    Carroll
    State
    Georgia
    Longitude
    -85.096143
    Latitude
    33.549206

    Nearby Similar for Sale

    • $725,000
      27,488 SF

      Carrollton Landmark with Redevelopment Potential

      Historic property with warehouse and retail space in downtown Carrollton.
      116 Lucille Avenue, Carrollton, GA 30117
      View Details
    • $725,000
      27,488 SF

      Carrollton Landmark with Redevelopment Potential

      Historic property near downtown Carrollton with warehouse and retail space.
      116 Lucille Avenue, Carrollton, GA 30117
      View Details
    • $1,495,000
      4,172 SF

      Carrollton Commercial Redevelopment Opportunity

      6.086-acre commercial tract in high-traffic area, ideal for redevelopment.
      893 S Park Street, Carrollton, GA 30117
      View Details
    • $699,900
      4,288 SF

      Versatile Mixed-Use Property in Carrollton

      Updated home with commercial potential, barn, and large shop.
      1172B Alabama Street, Carrollton, GA 30117
      View Details
    • $549,000
      1,250 SF

      Three Ranch Homes on 3+ Acres

      Income-producing triplex on 3+ acres near Carrollton, Georgia.
      377 Dock Hyde Road, Carrollton, GA 30116
      View Details
    • $1,900,000
      24,335 SF

      Carrollton Self-Storage and Warehouse Facility

      Established self-storage and warehouse facility in Carrollton, Georgia.
      529 Clifton Terrace, Carrollton, GA 30117
      View Details
    • $359,000
      1,434 SF

      Classic Office Space Near Square

      Charming office space near Carrollton Square with private offices.
      112 Cedar Street, Carrollton, GA 30117
      View Details
    • $359,000
      1,434 SF

      Classic Office Space Near Square

      Charming office space with timeless appeal near Carrollton Square.
      112 Cedar St., Carrollton, GA 30117
      View Details
    • $399,000
      1,741 SF

      Professional Office Building in Carrollton

      Move-in-ready office space in a prime Carrollton location.
      108 Cedar Street, Carrollton, GA 30117
      View Details
    • $890,650
      87,120 SF

      Carrollton Industrial/Commercial Opportunity

      Versatile industrial property in Carrollton's dynamic growth market.
      115 N Aycock Street, Carrollton, GA 30117
      View Details
    • $725,197
      57,935 SF

      Carrollton Commercial Property For Sale

      Strategically located industrial property with flexible zoning and high utility.
      321 N Aycock Street, Carrollton, GA 30117
      View Details
    • $468,945
      37,026 SF

      Carrollton Commercial Property For Sale

      Industrial/Commercial zoned property suitable for various business uses.
      0 Hay Street, Carrollton, GA 30117
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 27 developed residential lots near Carrollton Square and attractions.
    Where is this residential land & home lot located?
    The property is located at 104 Martin Cemetary Road Carrollton, GA.
    What is the asking price?
    The asking price for this property is $4,563,000.
    What are key features of this property?
    This property features: 27 residential developed 1+ acre lots; Prime location minutes to Carrollton Square and attractions; Architectural controls in place
    (404) 391-2238
    We can help!
    Listing Contact
    Paul Zachos
    Real Estate License ID: 158832
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    104 Martin Cemetary Road, Carrollton, GA 30117
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!