Light Industrial Property with
For Sale
$649,900
1172B Alabama Street, Carrollton, GA 30117
Commercial Sale, Carrollton, GA
Property Size4,288 SF
Lot Size6.95 Acres
Price / SF$151.56
Days on Market169
Property Features for 1172B Alabama Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Light indu
Subdivision
6-Carrollton City
Standard status
Active
Size
4,288 SF
Lot size
6.95 Acres
Taxes and HOA fees
Tax Annual Amount
3924
Building Details
Year built
1955
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: Sep 9
Last Checked: Oct 12 at 7:06AM
MLS# 151907
Copyright © 2026 West Metro Board of Realtors. 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.
1172B Alabama Street in Carrollton offers a light industrial setup that combines an updated brick 4-bedroom, 2-bath home with multiple income-supporting and operational improvements. The residence features a renovated kitchen, updated electrical, a newer roof, and updated plumbing. The property is configured with separate plumbing systems, two power meters, and a private well providing backup water for both the home and the barn.
The outdoor improvements include fenced and cross-fenced space, a 3-stall barn with a tack room, and a camper hookup with sewage dump. A large 50x66 shop includes roll-up doors and pull-through access intended to accommodate large vehicles. There is also an additional 25x28 heated and cooled building with security already in place.
Additional amenities include a saltwater pool. The Carrollton Greenbelt walking path runs behind and in front of the property, providing direct access to the outdoor trail system.
The outdoor improvements include fenced and cross-fenced space, a 3-stall barn with a tack room, and a camper hookup with sewage dump. A large 50x66 shop includes roll-up doors and pull-through access intended to accommodate large vehicles. There is also an additional 25x28 heated and cooled building with security already in place.
Additional amenities include a saltwater pool. The Carrollton Greenbelt walking path runs behind and in front of the property, providing direct access to the outdoor trail system.
Key Highlights
- 1955 brick 4‑bedroom, 2‑bath home with renovated kitchen and updated electrical, plumbing, and roof
- Separate plumbing systems with two power meters and a private well providing backup water to the home and barn
- Light‑industrial setup with fenced and cross‑fenced animal‑ready grounds, 3‑stall barn with tack room, and camper hookup w/ sewage dump
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,605
Cap Rate
8.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,152,100
$1.2M
Cap Rate 7%
$822,929
$822.9K
Cap Rate 9%
$640,056
$640.1K
Market Conditions
NOI Build-Up for 4,288 SF
Gross rent
$111.7K $26.04/SF
− Vacancy
−$6.9K −$1.61/SF
EGI
$104.7K $24.43/SF
− OpEx
−$47.1K −$10.99/SF
NOI
$57.6K $13.43/SF
Area
Carroll County, GA
Vacancy
6.20%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,152,100
Cap Rate 7%
$822,929
Cap Rate 9%
$640,056
Alternative Uses
Best Use
Apartment 5plus
$822.9K
$720.1K – $960.1K
NOI $57,605 @ 7.0% cap · market cap 8.86%
Second Best
Office B
$820.3K
$717.8K – $957.0K
NOI $57,421 @ 7.0% cap · market cap 8.84%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $83,906 @ 7.0% cap · market cap 12.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
155
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office 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 brick home plus a large shop with roll-up doors, pull-through access, barn, and additional heated/cooled building.
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 $649,900.
What are key features of this property?
This property features: 1955 brick 4‑bedroom, 2‑bath home with renovated kitchen and updated electrical, plumbing, and roof; Separate plumbing systems with two power meters and a private well providing backup water to the home and barn; Light‑industrial setup with fenced and cross‑fenced animal‑ready grounds, 3‑stall barn with tack room, and camper hookup w/ sewage dump
