000 Ward St Carrollton, GA 30117
Exceptional development opportunity in vibrant Downtown Carrollton, Georgia, presents a 3.38-acre lot ideally situated just two blocks from Adamson Square. This prime property boasts C-1 zoning, permitting multifamily and mixed-use projects, making it perfect for a high-density development. The location offers unparalleled access to the thriving Carrollton community, a growing suburb of Atlanta within the Metro Atlanta submarket. Carrollton's strong economy is fueled by major employers like Southwire Co., and its excellent school systems and proximity to the University of West Georgia (over 13,000 students) and West Central Technical College (over 7,000 students) create a robust and desirable residential market. The site is conveniently located 30 minutes west of Atlanta and 1.5 hours east of Birmingham, offering easy access to major transportation routes. All utilities are available on-site, simplifying the development process. With a 2010 census population of 167,000 for Carroll County, this property represents a significant investment opportunity in a rapidly expanding area. The asking price for this exceptional 3.38-acre parcel is $2,500,000. The property's APN is C020040003. This is a rare chance to build a substantial project in a high-demand location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.