Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    907 S Park St Carrollton, GA 30117

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime office and mixed-retail spaces in Carrollton, ready for occupancy.

    Type:Office
    Added:
    Jun 22, 2024
    Days on Market:
    666
    Last Refresh:
    Mar 17 at 1:22 pm

    Property Features for 907 S Park St

    General Information

    Standard status
    Active
    Property subtype
    Office

    Building Details

    Year Built
    1972

    Spaces For Lease

    at 907 S Park St Contact us

    Suite C $13 /Mo

    Size
    540 SF
    Type
    Office
    CAM- $3/SF *water & trash included in CAM.
    Contact us

    Suite A $14 /Mo

    Size
    940 SF
    Type
    Office
    Currently used as a salon. 2 wash bowl hookups, bathroom, supply room and break room...
    show more
    Contact us

    Suite D $12 /Mo

    Size
    540 SF
    Type
    Office
    CAM- $3/SF *water & trash included in CAM.
    Contact us

    STE H $13 /Mo

    Size
    540 SF
    Type
    Office
    Currently used as a Natural Hair Salon- Move in ready! *Wash bowl present. CAM- $3/SF...
    show more
    Contact us

    Suite J $12 /Mo

    Size
    540 SF
    Type
    Office
    CAM- $3/SF *water & trash included in CAM.
    Contact us
    Show more

    We can help!

    Listing Contact
    Dominique Hinton

    Listing agent Dominique Hinton License #373256

    Listing office eXp Realty Atlanta

    Listing date Jun 22, 2024

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty Atlanta

    Overview

    Carrollton Office/Retail Space Available

    Prime office and mixed-retail space is available immediately in the South Park Plaza 907-909 Building, located in the heart of Carrollton. Situated less than 10 minutes from West Georgia College and just 2 minutes from the Publix shopping center, this property offers high visibility and convenient access. Anchored by Piedmont Urgent Care, this location is suitable for small businesses seeking a vibrant, high-traffic community setting. Building 907 has Suites A, C, D, J, and H available. Suites J and H can be combined to create a larger space. Suite H is currently used as a natural hair salon and has wash bowls. Neighboring building 909, anchored by Piedmont Healthcare, has Suite H2 available on the lower level with access from the back of the building. Suite H2 is suitable for a furniture or appliance repair company and needs complete buildout.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Center for Court Approved ... Medical Clinic Anger Management Program Marriage Or Relationship Counselor Approved Defensive Driving ... Training Center Modern Woodmen of America Insurance Agency CCAC: West Georgia ... Drug Testing Service

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Carrollton
    County
    Carroll
    State
    Georgia
    Longitude
    -85.0753972
    Latitude
    33.5630771

    Nearby Similar for Lease

    • Contact for pricing

      Renovated Commercial Space in Carrollton

      Newly renovated 2,592 sq ft commercial space for lease.
      928 S Park Street Suite N, Carroll, GA 30117
      View Details
    • Contact for pricing

      Professional Office Space in Carrollton

      Move-in ready office space near downtown Carrollton.
      108 Cedar Street, Carrollton, GA 30117
      View Details
    • Contact for pricing

      Carrollton Industrial Warehouse with Showroom

      28,513 SF warehouse with office and showroom space for lease.
      500 Old Bremen Road, Carrollton, GA 30117
      View Details
    • Contact for pricing

      Move-in Ready Carrollton Office Space

      Office space in Carrollton near Tanner Medical Center and Southwire.
      820 Dixie Street, Carrollton, GA 30117
      View Details
    • Contact for pricing

      Move-in Ready Carrollton Office Space

      Office space in Carrollton near Tanner Medical Center and Southwire.
      820 Dixie Street, Carrollton, GA 30117
      View Details
    • $14/mo

      Carrollton Retail/Restaurant Space Available

      Retail/restaurant space for lease in Westover Square shopping center.
      929 Maple Street, Carrollton, GA 30117
      View Details
    • Contact for pricing

      Carrollton Retail Opportunity Near Atlanta

      Restaurant or retail space with drive-thru potential near CVS.
      546 Bankhead Highway, Carrollton, GA 30117
      View Details
    • Contact for pricing

      Retail Buildings at Maple Street

      New retail development near University of West Georgia and West Georgia Tech.
      2235 Maple St, Carrollton, GA 30117
      View Details
    • Contact for pricing

      Office Space with Radiant Heat

      Efficient office space featuring radiant floor heat in Carrollton, GA.
      300 Glen Eagles Court F & G, Carrollton, GA 30117-4267
      View Details
    • Contact for pricing

      Retail Space in Riverbridge Center

      Vibrant shopping center with excellent visibility and accessibility.
      1124 N Park St, Carrollton, GA 30117
      View Details
    • Contact for pricing

      Mixed-Use Facility with Leased Warehouses

      Mixed-use facility featuring leased warehouses and an office building.
      173-175 Kilgore Rd, Carrollton, GA
      View Details
    • Contact for pricing

      Mixed-Use Facility with Leased Warehouses

      Mixed-use facility featuring leased warehouses and office spaces for rent.
      173 Kilgore Rd, Carrollton, GA 30116
      View Details

    FAQs

    What type of property is this?
    Office units - Prime office and mixed-retail spaces in Carrollton, ready for occupancy.
    Where is this office units located?
    The property is located at 907 S Park St Carrollton, GA.
    What are key features of this property?
    This property features: Prime location in the heart of Carrollton's South Park Plaza with high visibility and convenient access.; Move‑in ready office/mixed‑retail space available immediately for rapid occupancy (Suites A, C, D, J, & H in Building 907).; Anchored by Piedmont Urgent Care, ensuring high traffic and a vibrant community setting.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Dominique Hinton
    Real Estate License ID: 373256
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!