Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    81 Kilgore Rd Carrollton, GA 30116

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $375,000

    Developed retail pads in high-traffic area with utilities on site.

    Lot size:
    0.82 Acres

    Property Features for 81 Kilgore Rd

    General Information

    Lot size
    0.82 Acres

    We can help!

    Listing Contact
    Molly Strickland
    Source: Moodyscre

    Listing Agent: Molly Strickland

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Retail Center Pads Ready to Build

    These developed retail center pads are zoned and ready for construction. Situated in a high-energy corridor, the location benefits from traffic counts exceeding 55,000 vehicles per day on Bankhead. The property features off-site detention and all city utilities are available on-site or at the curb. Cross-eased parking is in place with the shopping center. The larger pad is approved for a 12,000 square foot retail building. Both lots offer great signage potential. Access is convenient from Kilgore Road or via a signal at Longhorn’s.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Carpet & Flooring USA ... Carpet Wholesaler

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Carrollton
    County
    Carroll
    State
    Georgia
    Longitude
    -85.036479
    Latitude
    33.595032

    Nearby Similar for Sale

    • Contact for pricing

      Move-in Ready Carrollton Office Space

      Office space in Carrollton near Tanner Medical Center and Southwire.
      820 Dixie St, Carrollton, GA 30117
      View Details
    • $1,300,000
      8,400 SF

      Versatile Downtown Carrollton Commercial Property

      Spacious 8,400 sq ft commercial property in downtown Carrollton.
      402 Rome St, Carrollton, GA 30117
      View Details
    • $1,050,000
      50.63 Acres

      50+ Acres of West Georgia Beauty

      50+ acre property with lake, pastures, and wooded privacy.
      1915 Whooping Creek Church Rd, Carrollton, GA 30116
      View Details
    • $1,975,000
      7,728 SF

      Carrollton Commercial Property For Sale

      Commercial property with three buildings and tenants in place.
      1639 Highway 27 N, Carrollton, GA 30117
      View Details
    • $575,000
      3.13 Acres

      Three Ranch Homes on 3+ Acres

      Income-producing property with three homes near Carrollton, Georgia.
      377 Dock Hyde Rd, Carrollton, GA 30116
      View Details
    • $425,000
      1,741 SF

      Professional Office Building in Carrollton

      Move-in-ready office space in a prime Carrollton location.
      108 Cedar St, Carrollton, GA 30117
      View Details
    • $285,000
      1,624 SF

      Remodeled Commercial Building in Carrollton

      Remodeled commercial building suitable for small business or office use.
      205 W Center St, Carrollton, GA 30117
      View Details
    • $1,200,000
      12,000 SF

      Modern Commercial Facility in Carrollton

      12,000 SF commercial facility suitable for office, retail, or industrial.
      131 Parkwood Cir, Carrollton, GA 30117
      View Details
    • $1,851,020
      99,315 SF

      Versatile Industrial/Commercial Property in Carrollton

      Industrial/Commercial property in Carrollton, GA, ideal for various uses.
      320 N Aycock St, Carrollton, GA 30117
      View Details
    • $1,396,330
      60.71 Acres

      60-Acre Horse Lover's Dream

      Ranch home on 60 acres, convenient to I-20.
      180 Sunrise Ln, Carrollton, GA 30116
      View Details
    • $1,396,330

      60-Acre Horse Lover's Dream Ranch

      Ranch home on 60 acres near I-20 in Carrollton, GA.
      180 Sunrise Ln, Carrollton, GA 30116
      View Details
    • $205,000
      0.39 Acres

      Carrollton Duplex: Investment Opportunity

      Duplex with reliable tenants, convenient location, and strong income.
      509 Adamson Ave, Carrollton, GA 30117
      View Details

    FAQs

    What type of property is this?
    Land - Developed retail pads in high-traffic area with utilities on site.
    Where is this land located?
    The property is located at 81 Kilgore Rd Carrollton, GA.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: - High traffic location with over 55,000 vehicles per day on Bankhead.; - Zoned and ready to build retail center pads.; - All city utilities on site or at curb.
    (770) 841-4591
    Request Owner's contact information
    81 Kilgore Rd Carrollton, GA 30116
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    81 Kilgore Rd
    Carrollton, GA 30116
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    81 Kilgore Rd Carrollton, GA 30116
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Molly Strickland
    (770) 841-4591
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.