Versatile Mixed-Use Property in
For Sale
$699,900
1172B Alabama Street, Carrollton, GA 30117
COMMERCIAL - Carrollton, GA
Property Size4,288 SF
Lot Size6.95 Acres
Price / SF$163.22
Days on Market95
Property Features for 1172B Alabama Street
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
10
Parking features
Covered
Fencing
Fenced
Lot features
Level
Directions
GPS
Standard status
Active
APN
C08 0360037
Size
4,288 SF
Lot size
6.95 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
3924
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1955
Flooring type
Concrete
Building materials
Aluminum Siding, Brick, Concrete
Roof type
Metal
Additional Structures
Workshop
Listing Agency:
Century 21 Novus Realty · Century 21 Real Estate
(678) 664-1400
Listed By:
Dylan Wylie · License #369218
(404) 277-3097
Added: Apr 27
Changed: Apr 30
Last Checked: Jul 30 at 4:06PM
MLS# 10741776
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.
Investment Insights
Based on property information with market context.
Located in Carrollton, this property offers a blend of residential and commercial possibilities. The updated brick home features 4 bedrooms and 2 bathrooms, a renovated kitchen, updated electrical and plumbing, and a newer roof. The property includes separate plumbing systems, two power meters, and a private well providing backup water to both the home and the barn. The fenced and cross-fenced outdoor area is equipped for animals, featuring a 3-stall barn with a tack room and a camper hookup with sewage dump. A large 50x66 shop with roll-up doors and pull-through access accommodates various needs, including 18-wheelers. An additional 25x28 heated and cooled building with existing security offers flexibility for business, storage, or expansion. For leisure, there is a saltwater pool surrounded by landscaping with weeping willows and dogwoods. Situated in the Carrollton City School district, the property spans 6.95 acres and provides access to the Carrollton Greenbelt walking path. The property's size is 4288 square feet. It is suited for living, working, and investing.
Key Highlights
- Light industrial potential with a large 50x66 shop featuring roll‑up doors and pull‑through access, plus separate plumbing and two power meters.
- Additional 25x28 heated and cooled building with security, suitable for business, storage, or expansion.
- Fenced and cross‑fenced setup with a 3‑stall barn, tack room, and camper hookup.
Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $92.6k | $21.60 |
| − Vacancy | −$9.3k | −$2.16 |
| EGI | $83.4k | $19.44 |
| − OpEx | −$31.3k | −$7.29 |
| NOI | $52.1k | $12.15 |
4,288 SF · lease $21.60/SF/yr · vacancy 10.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$744.3K
$651.2K – $868.3K
NOI $52,099 @ 7.0% cap · market cap 7.44%
Second Best
Industrial
$373.2K
$326.5K – $435.4K
NOI $26,122 @ 7.0% cap · market cap 3.73%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $83,906 @ 7.0% cap · market cap 11.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
338
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Updated home with commercial potential, barn, and large shop.
Where is this mixed-use property located?
The property is located at 1172B Alabama Street Carrollton, GA.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Light industrial potential with a large 50x66 shop featuring roll‑up doors and pull‑through access, plus separate plumbing and two power meters.; Additional 25x28 heated and cooled building with security, suitable for business, storage, or expansion.; Fenced and cross‑fenced setup with a 3‑stall barn, tack room, and camper hookup.
