Residential Corner Development
For Sale
$350,000
3 Milner Street, Temple, GA 30179
Commercial Sale, Temple, GA
Property Size1,560 SF
Lot Size1.13 Acres
Price / SF$224.36
Days on Market229
Property Features for 3 Milner Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R3
Parking features
Parking Lot, On Street
Lot features
Corner Lot, Level
View
City
Directions
1-20 WEST TO HWY 113 TEMPLE EXIT, TURN RIGHT TOWARD HWY 78, TURN LEFT ON HWY 78, AT 1ST LIGHT TURN RIGHT ON JAMES ST, TRAVEL TOWARD DOWNTOWN TEMPLE, CROSS RR, TURN LEFT ON W JOHNSON ST(HWY 113) PROPERTY IS ON THE CORNER OF HWY 113 AND MILNER ST. SIGN IS FACING MILNER ST.
Standard status
Active
Size
1,560 SF
Lot size
1.13 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
598
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1892
Floors in Building
2
Listing Agency:
Georgia Life Realty
(770) 456-2600
Listed By:
MYRA L Williams
(770) 314-6589
Added: Mar 8
Changed: Oct 8
Last Checked: Oct 23 at 2:06PM
MLS# 7731717
Copyright © 2026 First Multiple Listing Service, Inc. 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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This offering is a 1.13-acre corner lot zoned R3. The property includes a house on-site that requires tear-down, creating room for redevelopment or a new build.
The lot is described as being near commercial properties, which may support mixed-area planning within the constraints of the current zoning.
The site is listed for sale in Temple, Georgia (30179), in Carroll County.
The lot is described as being near commercial properties, which may support mixed-area planning within the constraints of the current zoning.
The site is listed for sale in Temple, Georgia (30179), in Carroll County.
Key Highlights
- 1.13 acre corner lot offers ample space and visibility.
- Great city location, enjoy urban convenience.
- Zoned residential but near commercial properties, explore possibilities.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,957
Cap Rate
5.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$419,140
$419.1K
Cap Rate 7%
$299,386
$299.4K
Cap Rate 9%
$232,856
$232.9K
Market Conditions
NOI Build-Up for 1,560 SF
Gross rent
$40.6K $26.04/SF
− Vacancy
−$2.5K −$1.61/SF
EGI
$38.1K $24.43/SF
− OpEx
−$17.1K −$10.99/SF
NOI
$21.0K $13.43/SF
Area
Carroll County, GA
Vacancy
6.20%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$419,140
Cap Rate 7%
$299,386
Cap Rate 9%
$232,856
Alternative Uses
Best Use
Apartment 5plus
$299.4K
$262.0K – $349.3K
NOI $20,957 @ 7.0% cap · market cap 5.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$436.1K
$381.6K – $508.8K
NOI $30,526 @ 7.0% cap · market cap 8.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
135
Businesses Nearby
Explore this area
Business Placement
Demographics for 30179, GA
18,577
Population
7,064
Households
2.6
Avg Household Size
36
Median Age
15%
College-Educated
85%
High-School Grad
73.3 sq mi
ZIP Area
253
Density / Sq Mi
$79,311
Median Household Income
$39,553
Median Earnings
$1,129
Median Rent
$217,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 1.13-acre corner lot in R3 zoning with an on-site house that needs demolition.
Where is this residential land & home lot located?
The property is located at 3 Milner Street Temple, GA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 1.13 acre corner lot offers ample space and visibility.; Great city location, enjoy urban convenience.; Zoned residential but near commercial properties, explore possibilities.
