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    2990 Carrollton Ga 30117 Carrollton, GA 30117

    For Sale
    $2,940,000

    49+ Acres, I-20 Proximity, Industrial Zoning Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 49+ acre industrial land offering in Carrollton, Georgia presents a compelling investment opportunity. Strategically located just 3.5 miles from Interstate 20, Exit 11, and adjacent to a Walmart distribution center, this property boasts significant development potential. The land is divided into two tracts by US Highway 27, with an additional 10.25 adjacent acres potentially available for improved cross-street access. Carroll County's future land use plan designates both tracts for industrial development, although rezoning would be required. However, given the existing designation, minimal resistance is anticipated. Public water is available for both tracts. The east tract, served by Carrollton City sewer (requiring a forced main lift station upgrade), features some topographical challenges and creek setbacks, leaving approximately 16+ usable acres. The west tract offers superior topography and no water issues. The seller is prepared to provide ample time for zoning acquisition and thorough due diligence. The asking price is $2,940,000, or approximately $60,000 per surveyed acre. The property is offered for sale as a whole or in separate tracts.

    Property Features for 2990 Carrollton Ga 30117

    General Information

    Property type
    Land
    Lot Size
    2,134,440 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Carrollton
    County
    Carroll
    State
    Georgia
    Longitude
    -85.1211851
    Latitude
    33.6339128

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    FAQs

    What type of property is this?
    Land - 49+ Acres, I-20 Proximity, Industrial Zoning Potential
    Where is this land located?
    The property is located at 2990 Carrollton Ga 30117 Carrollton, GA.
    What is the asking price?
    The asking price for this property is $2,940,000.
    Request Owner's contact information
    2990 Carrollton Ga 30117 Carrollton, GA 30117
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    Realmo Value Estimation

    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.

    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.

    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
    2990 Carrollton Ga 30117 Carrollton, GA 30117
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