Multi-Building Flex
For Sale
$385,000
943 Alabama Street, Carrollton, GA 30117
M-1-zoned property with multiple structures supporting business operations, storage, equipment, parking, or future expansion.
Property Size1,962 SF
Price / SF$170.05
Days on Market65
Property Features for 943 Alabama Street
General Information
Standard status
Active
Size
1,962 SF
Property subtype
Commercial
Zoning
M-1
Additional Details
Outdoor Storage
Yes
Land Use
light industrial
Amenities
1.55 acres, Level
Composition
Public Sewer
Parcel Number: C02 0370064, Annual Amount: $2,708.3, Year: 2025
Central Air, Electric
Central, Electric
Listing ID: 10823518, Standard Status: Active, MLS Status: Active, On market as of 2026-08-12, 14 days on market, Special Conditions: As Is
Parking Lot, Paved
Built in 1962, Construction Materials: Vinyl Siding
County/Parish: Carroll
Resale, Other structures: Workshop
Cable Available, Electricity Available, High Speed Internet, Phone Available, Sewer Available, Water Available, Water Source: Public
Close Of Escrow
Building Details
Building Size
1,962 SF
Year Built
1962
Buildings
3
Listing Agency:
Triple R Real Estate LLC
(678) 890-1274
Listed By:
Jennifer L Hammond · License #153544
(770) 845-3517
Source:
Blackstreaminternational
Added: Aug 12
Changed: Oct 13
Last Checked: Oct 15 at 12:40AM
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 Triple R Real Estate LLC
Investment Insights
Based on property information with market context.
This M-1-zoned flex property includes a 2,264-square-foot main building configured as two separate business spaces measuring 1,618 square feet and 646 square feet. Two additional buildings and two sheds provide further enclosed and accessory space for operational, storage, or equipment needs.
The property is located at 943 Alabama St in Carrollton, along the Alabama Street corridor and minutes from Downtown Carrollton. The larger site provides room for parking, outdoor storage, equipment, expansion, or future development. Potential rezoning should be evaluated with city planning and zoning. Access to major area routes is also noted.
The property is located at 943 Alabama St in Carrollton, along the Alabama Street corridor and minutes from Downtown Carrollton. The larger site provides room for parking, outdoor storage, equipment, expansion, or future development. Potential rezoning should be evaluated with city planning and zoning. Access to major area routes is also noted.
Key Highlights
- 2,264‑square‑foot main building divided into 1,618 SF and 646 SF business spaces
- M‑1 zoning supports the property’s current industrial‑oriented classification
- Two additional buildings and 2 sheds provide supplemental space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,792
Cap Rate
3.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$275,840
$275.8K
Cap Rate 7%
$197,029
$197.0K
Cap Rate 9%
$153,244
$153.2K
Market Conditions
NOI Build-Up for 2,264 SF
Gross rent
$21.5K $9.48/SF
− Vacancy
−$1.8K −$0.78/SF
EGI
$19.7K $8.70/SF
− OpEx
−$5.9K −$2.61/SF
NOI
$13.8K $6.09/SF
Area
Carroll County, GA
Vacancy
8.20%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$275,840
Cap Rate 7%
$197,029
Cap Rate 9%
$153,244
Alternative Uses
Best Use
Industrial
$197.0K
$172.4K – $229.9K
NOI $13,792 @ 7.0% cap · market cap 3.58%
Second Best
Flex RnD
$188.5K
$165.0K – $220.0K
NOI $13,197 @ 7.0% cap · market cap 3.43%
Theoretical Best
Office A
$632.9K
$553.8K – $738.4K
NOI $44,301 @ 7.0% cap · market cap 11.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
284
Businesses Nearby
Balanced
Demand for This Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Similar Off Market Nearby
- New York Street Eats — 1101 Alabama St, Carrollton, GA 30117
Frequently Asked Questions
What type of property is this?
Flex space - M-1-zoned property with multiple structures supporting business operations, storage, equipment, parking, or future expansion.
Where is this flex space located?
The property is located at 943 Alabama Street Carrollton, GA.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: 2,264‑square‑foot main building divided into 1,618 SF and 646 SF business spaces; M‑1 zoning supports the property’s current industrial‑oriented classification; Two additional buildings and 2 sheds provide supplemental space
