Remodeled Office
For Sale
$279,000
205 W Center Street, Carrollton, GA 30117
COMMERCIAL - Carrollton, GA
Property Size1,624 SF
Lot Size0.09 Acres
Price / SF$171.80
Days on Market85
Property Features for 205 W Center Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C2
Subdivision
6-Carrollton City
Standard status
Active
Size
1,624 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
1637
Building Details
Year built
1921
Listing Agency:
Metro West Realty
(770) 836-0042
Listed By:
Mike Mashburn · License #202437
(770) 367-8956
Added: May 13
Changed: Aug 4
Last Checked: Aug 5 at 1:06AM
MLS# 151969
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.
This 1,624-square-foot office building dates to 1921 and has undergone approximately 90% renovation during the last 3 months. The property is configured for office or small-business use and carries C2 zoning, supporting its commercial positioning within Carrollton city limits.
The site encompasses 0.09 acres at 205 W Center Street in Carrollton, Georgia. Remaining property work includes completion of the parking area and HVAC-related work, providing a clear view of the improvements still to be addressed.
The site encompasses 0.09 acres at 205 W Center Street in Carrollton, Georgia. Remaining property work includes completion of the parking area and HVAC-related work, providing a clear view of the improvements still to be addressed.
Key Highlights
- 1,624‑square‑foot office building
- Approximately 90% remodeled during the last 3 months
- C2 zoning
Financial Insights For Office B
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 | $38.8k | $23.87 |
| − Vacancy | −$9.8k | −$6.02 |
| EGI | $29.0k | $17.85 |
| − OpEx | −$7.2k | −$4.46 |
| NOI | $21.7k | $13.39 |
1,624 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,667
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
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?
Office building - C2-zoned office property with substantial recent renovation and remaining parking and HVAC work.
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; Approximately 90% remodeled during the last 3 months; C2 zoning
