Remodeled Office
205 W Center Street, Carrollton, GA 30117
For Sale
$279,000
Commercial Sale, Carrollton, GA
Property Size1,624 SF
Lot Size0.19 Acres
Price / SF$171.80
Days on Market632
Property Features for 205 W Center Street
General Information
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Size
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Additional Details
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Building Details
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Listing Agency:
Metro West Realty Group LLC
(770) 836-0042
Listed By:
Mike Mashburn · License GA #202437
(770) 367-8956
Added: Feb 18, 2025
Changed: Oct 24
Last Checked: Nov 11 at 1:06PM
MLS# 10461501
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.
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Investment Insights
Based on property information with market context.
This 1,624-square-foot office building occupies a 0.19-acre parcel within Carrollton city limits. The frame structure dates to 1921 and has undergone approximately 90% remodeling during the past three months. C-2 zoning supports its current office-oriented positioning, while the property includes both on-street parking and a dedicated parking lot.
The building is located at 205 W Center Street in Carrollton, Georgia, adjacent to or behind Dairy Queen. Public water and public sewer serve the property, and cable service is available. The parking area remains unfinished, and HVAC work is still needed, providing clear remaining improvement items for the next owner.
The building is located at 205 W Center Street in Carrollton, Georgia, adjacent to or behind Dairy Queen. Public water and public sewer serve the property, and cable service is available. The parking area remains unfinished, and HVAC work is still needed, providing clear remaining improvement items for the next owner.
Key Highlights
- 1,624‑square‑foot office building on a 0.19‑acre parcel
- Approximately 90% remodeled during the last 3 months
- C‑2 zoning within Carrollton city limits
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,747
Cap Rate
7.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$434,940
$434.9K
Cap Rate 7%
$310,671
$310.7K
Cap Rate 9%
$241,633
$241.6K
Market Conditions
NOI Build-Up for 1,624 SF
Gross rent
$38.8K $23.87/SF
− Vacancy
−$9.8K −$6.02/SF
EGI
$29.0K $17.85/SF
− OpEx
−$7.2K −$4.46/SF
NOI
$21.7K $13.39/SF
Area
Carroll County, GA
Vacancy
25.20%
Lease Rate
$23.87 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$434,940
Cap Rate 7%
$310,671
Cap Rate 9%
$241,633
Alternative Uses
Best Use
Office B
$310.7K
$271.8K – $362.5K
NOI $21,747 @ 7.0% cap · market cap 7.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$454.0K
$397.2K – $529.6K
NOI $31,778 @ 7.0% cap · market cap 11.39%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,320
Businesses Nearby
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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
$239,600
Median Home Value
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Market
Average Price Trend$/SF for Office buildings in Carroll County, GA
Properties on Market for Office buildings in Carroll County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - C-2-zoned office property with recent interior improvements and both on-street and lot parking.
Where is this office building located?
The property is located at 205 W Center Street Carrollton, GA.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: 1,624‑square‑foot office building on a 0.19‑acre parcel; Approximately 90% remodeled during the last 3 months; C‑2 zoning within Carrollton city limits
