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    The Largest CRE Database in the US with Over 1 Million Listings

    174 Carroll St SE Atlanta, GA 30312

    Sponsored
    For Lease
    Pending
    $7,320 /Mo ($11 SF/Yr)

    COMMERCIAL - Atlanta, GA

    Lot size:
    0.17 Acres
    Days on Market:
    4
    Last Refresh:
    Feb 2 at 1:06 pm

    Property Features for 174 Carroll St SE

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Pending
    Window features
    Display Window(s)
    Zoning
    HCR5
    APN
    14 002000040227
    Parking
    8
    Parking features
    Parking Lot
    Interior features
    Beamed Ceilings, Reception Area, Restrooms
    Lot size
    0.17 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1950
    Floors in Building
    2
    Flooring type
    Hardwood, Concrete
    Building materials
    Brick 4 Sides

    We can help!

    Listing Contact
    David Mceachern
    David Mceachern

    Keller Williams Realty Chattahoochee North (678) 578-2701

    Listing agent DAVID MCEACHERN (404) 406-0638

    Listing date Jan 30, 2026

    MLS# 7668763

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

    Learn more

    Property Insight Report

    Overview

    Unique Cabbagetown Commercial Property

    Located at 174 Carroll Street in the heart of Atlanta's Cabbagetown neighborhood, this commercial property offers a blend of industrial character and modern functionality. Constructed around 1950, the building features both single- and double-height ceilings. The space includes a mix of open and private offices, an open kitchen area, and exposed brick walls. An upstairs front porch provides a unique touch. The property is situated near Memorial Drive, offering convenient access to I-75, I-85, and I-20. It includes a small on-site parking lot with additional street parking available nearby. The property, zoned HCR5, sits on a lot of approximately 0.172 acres in Fulton County, GA. This location is suitable for an engineering firm, advertising or marketing agency, accounting practice, or any business seeking a creative, open-concept workspace with character and convenience.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    DBI Construction Consultants Consultant Break Into Business Training Center OK COIT carpet ... Carpet Cleaning Service Profiling Solutions (Bike/Boat/Book/etc) Store

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Cobb
    State
    Georgia
    Longitude
    -84.367845
    Latitude
    33.749814

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    FAQs

    What type of property is this?
    Office space - Distinctive commercial space in historic Cabbagetown, Atlanta.
    Where is this office space located?
    The property is located at 174 Carroll St SE Atlanta, GA.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: - Prime Cabbagetown location: Steps from Memorial Drive in a creative and historic neighborhood.; - Easy access to major interstates: Conveniently located near I-75, I-85, and I-20.; - Unique industrial character: Features exposed brick walls, single- and double-height ceilings, and vintage charm.
    (404) 406-0638
    Request Owner's contact information
    174 Carroll St SE Atlanta, GA 30312
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    Atlanta, GA 30312
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    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
    174 Carroll St SE Atlanta, GA 30312
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    We can help!
    Listing Contact
    David Mceachern
    David Mceachern
    Real Estate License ID: 303085
    (404) 406-0638
    Learn more
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