Light Industrial Property with
1172B Alabama Street Carrollton, GA 30117
For Sale
$699,900
COMMERCIAL - Carrollton, GA
Property Size4,288 SF
Lot Size6.95 Acres
Price / SF$163.22
Days on Market89
Property Features for 1172B Alabama Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Light indu
- 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
(678) 664-1400
Listed By:
Dylan Wylie · License #369218
(404) 277-3097
Added: Apr 27
Last Checked: Jul 24 at 11:06PM
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 For Apartment 5plus
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 | $111.7k | $26.04 |
| − Vacancy | −$6.9k | −$1.61 |
| EGI | $104.7k | $24.43 |
| − OpEx | −$47.1k | −$10.99 |
| NOI | $57.6k | $13.43 |
4,288 SF · lease $26.04/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$822.9K
$720.1K – $960.1K
NOI $57,605 @ 7.0% cap · market cap 8.23%
Second Best
Warehouse
$449.7K
$393.5K – $524.6K
NOI $31,478 @ 7.0% cap · market cap 4.50%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
FAQs
What type of property is this?
Single family property - Updated brick home plus a large shop with roll-up doors, pull-through access, barn, and additional heated/cooled building.
Where is this single family 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: 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
