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Property profile & analytics
FOR LEASE
Warehouses
173 Kilgore Rd Carrollton, GA 30116
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-2678131
For Lease
1 / 2
$12 SF/Yr
173 Kilgore Rd, Carrollton, GA 30116
View Listing →
Property summary
AI-generated overview
Lake Carroll Business Park, located at 173 Kilgore Rd, Carrollton, GA 30116, offers a diverse range of office and industrial spaces for lease. This multi-building complex totaling 49,000 square feet sits on 3.99 acres of land and features four buildings with two stories each. The property is zoned M-1 and offers various suite sizes, ranging from a minimum of 190 square feet to a maximum contiguous space of 4,678 square feet. Currently, 17,259 square feet of space is available. The property includes six loading docks and six dock-high doors, making it ideal for businesses requiring warehouse or distribution capabilities. Ceiling heights range from 14 to 20 feet. While there are no elevators, the flexible space caters to a variety of business needs, including traditional office, executive office, flex space, warehouse, and distribution uses. The property's location in Carroll County, Georgia provides convenient access to transportation and local amenities. Individual suites are available for lease, offering a variety of sizes to accommodate different business requirements. Inquire today for more details and availability.
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1978
Construction
STEEL FRAME
Total area
31,690 SF
Lot
4.17 ac (181,645 SF)
Zoning code
M1
APN
C05-031-0009
UPID
US22-2678131
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Response and Prevention Counseling Counselor
-
Budget Truck Rental Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.21M
Blend (final)
Blend
$2.93M
Owner & transaction history
Hvh Properties LLC · 6 yrs held
Hvh Properties LLC
since 2020
6 recorded transactions
Zoning & alternative use
M1 · Carrollton, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Carrollton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carrollton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,640,000
Current use
Blend value · Realmo final
$2.93M
Range $2.64M – $3.22M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$92 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$21,122
Tax year 2023
Assessed value
$723,612
Assessed 2023
Previous assessed
$479,698
+50.8% YoY
Effective rate
2.92%
On assessed value
Assessed land
$49,360
Assessed improvement
$674,252
Land market value
$123,400
Improvement market value
$1,685,629
Total market value
$1,809,029
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
For Lease
Year built
1978
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Total area
31,690 SF
Lot
4.17 ac (181,645 SF)
Zoning code
M1
APN
C05-031-0009
UPID
US22-2678131
Jurisdiction
CARROLL
Zoning & alternative use
M1 · Carrollton, GA
Zoning M1 · permitted uses
M1 · Carrollton, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Carrollton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.6M
WAREHOUSE, STORAGE Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1978
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Buildings
2
Lot
4.17 ac
Current owner
From public records · entity-resolved
Hvh Properties LLC
Entity
Mailing address
1180 BUICE DR SW, LILBURN, GA 30047-7500
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2020
$1,230,000
Hvh Properties LLC
Schoerner Group Lllp
Warranty Deed
$922,500 · Renasant Bk
Dec 28, 2012
—
David Roger Schoerner
Schoerner Corp INC
Quit Claim Deed
related
—
—
—
Schoerner Group LLP
—
Deed Of Trust
related
$175,000 · United Community Bank
—
—
Schoerner Group LLP
—
Deed Of Trust
related
$300,000 · United Community Bank
—
—
Schoerner Group Lllp
—
Loan Modification
related
$300,000 · United Cmnty Bk
—
—
Schoerner Group Lllp
—
Loan Modification
related
$175,000 · United Cmnty Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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