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Commercial Land for Restaurant Use
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1133 N Park Street, Carrollton, GA 30117

Restaurant-oriented commercial site along Hwy 27 with convenient access and visibility.

Property Size2,026 SF
Days on Market63

Property Features for 1133 N Park Street

General Information

Standard status Active
Size 2,026 SF
Property subtype Commercial

Amenities

0.87 acres, City Lot, Level
Public Sewer
Parcel Number: C03 0270070
Listing ID: 10827409, Standard Status: Active, MLS Status: Active, On market as of 2026-08-17, 60 days on market
Parking Lot
Built in 2026
County/Parish: Carroll
Resale
Electricity Available, Water Available, Water Source: Public

Building Details

Building Size 2,026 SF
Year Built 2026
Listing Agency: Century 21 Novus Realty
Listed By: RETTRO GROUP · License #243643
Source: Blackstreaminternational
Added: Aug 17 Changed: Oct 16 Last Checked: Oct 16 at 8:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Novus Realty

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Investment Insights

Based on property information with market context.

This approximately 0.87-acre commercial land site is positioned along Hwy 27 in Carrollton, Georgia. The property is suited to a quick-service restaurant, drive-through concept, coffee shop, or similar commercial use, subject to applicable approvals.

The site is identified at 1133 N Park Street, Carrollton, GA 30117, providing access from a major commercial corridor. Its location and configuration support consideration by restaurant operators and developers evaluating a food-service or drive-through project.

Key Highlights

  • Approximately 0.87 acres of commercial land
  • Located along Hwy 27 in Carrollton, Georgia
  • Address: 1133 N Park Street, Carrollton, GA 30117

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,559
Suggested Prices Based on Cap Rates
Cap Rate 5%
$651,180 $651.2K
Cap Rate 7%
$465,129 $465.1K
Cap Rate 9%
$361,767 $361.8K
Market Conditions
NOI Build-Up for 2,026 SF
Gross rent
$46.7K $23.04/SF
− Vacancy
−$3.3K −$1.61/SF
EGI
$43.4K $21.43/SF
− OpEx
−$10.9K −$5.36/SF
NOI
$32.6K $16.07/SF
Area
Carroll County, GA
Vacancy
7.00%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$651,180
Cap Rate 7%
$465,129
Cap Rate 9%
$361,767

Alternative Uses

Best Use
Specialty Retail
$465.1K
$407.0K – $542.7K (±1% cap)
NOI $32,559 @ 7.0% cap · market cap 542.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$566.3K
$495.6K – $660.7K (±1% cap)
NOI $39,644 @ 7.0% cap · market cap 660.73%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Tony Brewer - State ... Insurance Agency

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Restaurant Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

148
Businesses Nearby
99k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 43% Groceries 30% Shops & Services 19% Home Improvements & Furnishings 8%
Ingles Groceries
30,077 visits/mo 0.1 miles
McDonald's Dining
16,822 visits/mo 0.1 miles
Jack's Family Restaurants Dining
13,948 visits/mo 0.1 miles
Circle K Shops & Services
10,962 visits/mo 0.1 miles
Ace Hardware Southern Home And Garden Home Improvements & Furnishings
7,889 visits/mo 0.2 miles

Demographics for 30117, GA

37,644
Population
15,313
Households
2.5
Avg Household Size
34
Median Age
29%
College-Educated
85%
High-School Grad
108.1 sq mi
ZIP Area
348
Density / Sq Mi
$58,463
Median Household Income
$31,273
Median Earnings
$1,066
Median Rent
$239,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - Restaurant-oriented commercial site along Hwy 27 with convenient access and visibility.
Where is this commercial land located?
The property is located at 1133 N Park Street Carrollton, GA.
What are key features of this property?
This property features: Approximately 0.87 acres of commercial land; Located along Hwy 27 in Carrollton, Georgia; Address: 1133 N Park Street, Carrollton, GA 30117
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