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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    107 Robinson Ave Carrollton, GA 30117

    • Commercial real estate
    • 763 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-4688055
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 107 Robinson Ave

    Year built
    1930
    Lot size
    0.11 lot acres
    Property size
    763 SF
    Property type
    Commercial real estate

    Description

    This versatile 763-square-foot property at 107 Robinson Avenue in Carrollton, Georgia, presents a unique investment opportunity. Built in 1930 and completely renovated in 2021, this single-building property sits on a 0.11-acre lot and is zoned O-I (Office Institutional District), allowing for both residential and office use. The charming cottage boasts one bedroom and one and a half bathrooms, featuring a blend of original and updated hardwood floors in the living areas and crisp white tile in the bathrooms. The kitchen is equipped with granite countertops, a stylish tile backsplash, and sleek stainless steel appliances. A spacious river gravel parking area provides ample parking and serves as an attractive outdoor space. Currently operating as a successful short-term vacation rental, this property offers immediate income potential and flexibility for future use as a primary residence or executive office space. Located in the heart of Downtown Carrollton (zip code 30117), this property benefits from a prime location and convenient access to local amenities. The asking price is $250,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Carrollton
    County
    Carroll - GA
    State
    Georgia
    Longitude
    -85.0721437
    Latitude
    33.5803823

    Comparable in this City

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      92 Acres Georgia Farm & Home Site

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    • $229,900
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      Rented Duplex House in Carrollton

      Fully rented duplex near Richards Lake with solid rental history.
      521 Adamson Ave, Carrollton, GA 30117
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    • $229,900
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      Rented Duplex Near Richards Lake

      Fully rented duplex in Carrollton, near Richards Lake and UWG.
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    • $240,000

      Carrollton Duplex Investment Opportunity

      Duplex near downtown Carrollton and University of West Georgia.
      122 Mandeville Ave, Carrollton, GA 30117
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    • $205,000
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      Carrollton Duplex: Investment Opportunity

      Duplex with reliable tenants, convenient location, and strong income.
      509 Adamson Ave, Carrollton, GA 30117
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    • $425,000
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      Professional Office Building in Carrollton

      Move-in-ready office space in a prime Carrollton location.
      108 Cedar St, Carrollton, GA 30117
      View Details

    Similar Nearby for Sale

    • $782,000
      92.48 Acres

      92 Acres Georgia Farm & Home Site

      Prime Carrollton land, hunting, creek frontage.
      0 Buffalo Creek Rd, Carrollton, GA 30117
      View Details
    • $229,900
      0.34 Acres

      Rented Duplex House in Carrollton

      Fully rented duplex near Richards Lake with solid rental history.
      521 Adamson Ave, Carrollton, GA 30117
      View Details
    • $229,900
      0.34 Acres

      Rented Duplex Near Richards Lake

      Fully rented duplex in Carrollton, near Richards Lake and UWG.
      521 Adamson Ave, Carrollton, GA 30117
      View Details
    • $240,000

      Carrollton Duplex Investment Opportunity

      Duplex near downtown Carrollton and University of West Georgia.
      122 Mandeville Ave, Carrollton, GA 30117
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    • $205,000
      0.39 Acres

      Carrollton Duplex: Investment Opportunity

      Duplex with reliable tenants, convenient location, and strong income.
      509 Adamson Ave, Carrollton, GA 30117
      View Details
    • $425,000
      1,741 SF

      Professional Office Building in Carrollton

      Move-in-ready office space in a prime Carrollton location.
      108 Cedar St, Carrollton, GA 30117
      View Details

    Similar Nearby for Lease

    • $13 SF/Yr
      1,620 SF

      Carrollton Office Space for Lease

      Prime Carrollton location, move-in ready suites.
      907 Park St, Carrollton, GA 30117
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    • $1,125 /Mo

      Spacious Apartment Near UWG

      Two-bedroom apartment near UWG and downtown Carrollton.
      155 Bowen St, Carrollton, GA 30117
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    • $675 /Mo
      7,080 SF

      Office Space in South Park

      Office space available in high-traffic Carrollton location.
      907 S Park St, Carrollton, GA 30117
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    • New
      $8,285 /Mo
      6,214 SF

      Move-in Ready Carrollton Office Space

      Office space in Carrollton near Tanner Medical Center and Southwire.
      820 Dixie St, Carrollton, GA 30117
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    • $3,200 /Mo
      3,200 SF

      Carrollton Commercial Space with Shop

      Office and shop space ideal for service businesses or light industry.
      128 Parkwood Cir, Carrollton, GA 30117
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    • $720 /Mo
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      Carrollton Office/Retail Space Available

      Office/retail space in a high-traffic Carrollton location, ready soon.
      907 S Park St, Carrollton, GA 30117
      View Details
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    107 Robinson Ave
    Carrollton, GA 30117
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    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
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