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    Property profile & analytics

    1625 Bankhead Hwy Carrollton, GA 30116-8588

    • Specialty properties
    • 16,800 SF
    • 4.40 lot acres
    OFF-MARKET
    Value Estimation
    $1,620,000
    Last Sale
    Feb 16, 2023
    $1,350,000
    Location Intelligence
    Property ID
    US22-1548571
    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

    • Freedom Drive-In on Bankhead / Drive-In Movie Theater
    • Venue 1625 / Event Venue
    • The Carrollton Forum / Live Music Venue
    • Carrollton Fair / Fairground
    • Veterans of Foreign Wars / Veterans Organization

    Property Details for 1625 Bankhead Hwy

    Year built
    1986
    Construction
    STEEL FRAME
    Lot size
    4.40 lot acres
    Property size
    16,800 SF
    Zone code
    C2
    Property type
    Specialty properties
    APN
    C05-031-0034
    APU
    C050310034

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,765,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,240,000
      6.5%
      $1,220,000
      7%
      $1,355,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,375,000
      Geo Method
      $1,410,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,290,000
      Retail
      $1,290,000
      Mixed-Use
      $1,265,000
      Hospitality
      $1,375,000
      Educational
      $1,380,000
      Residential Income
      $1,450,000
      Energy
      $1,440,000
      Income-Based Land
      $1,325,000
      Food Service
      $1,160,000

    Location Insight

    • Map
    • Local Demand
    City
    Carrollton
    County
    Carroll
    State
    Georgia
    Longitude
    -85.0238
    Latitude
    33.6028
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $88,000
    $571,607
    $659,607
    -
    $220,000
    $1,429,018
    $1,649,018

    Comparable in this City

    • Value Estimation
      $1,560,000
      6,630 SF

      1479 Bankhead Hwy

      DAY CARE, PRE-SCHOOL • 6,630 SF
      1479 Bankhead Hwy, Carrollton, GA 30116-6152
      View Details
    • Value Estimation
      $405,000
      2,520 SF

      65 Gray Rd

      DAY CARE, PRE-SCHOOL • 2,520 SF
      65 Gray Rd, Carrollton, GA 30116-4816
      View Details
    • Value Estimation by Request
      36.20 Acres

      100 Esco Way

      VACANT COMMERCIAL LAND • 36.20 Acres
      100 Esco Way, Carrollton, GA 30116
      View Details
    • Value Estimation by Request
      2.00 Acres

      1711 Bankhead Hwy

      VACANT COMMERCIAL LAND • 2.00 Acres
      1711 Bankhead Hwy, Carrollton, GA 30116-8642
      View Details
    • Value Estimation by Request
      0.34 Acres

      1315 Bankhead Hwy

      VACANT COMMERCIAL LAND • 0.34 Acres
      1315 Bankhead Hwy, Carrollton, GA 30116-8572
      View Details
    • Value Estimation by Request
      1.02 Acres

      4343 Hwy 5th 5

      VACANT COMMERCIAL LAND • 960 SF
      4343 Hwy 5th 5, Carrollton, GA 30116
      View Details

    Similar Nearby for Sale

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      Pristine land near Carrollton, GA, ideal for development or recreation.
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      50+ acre Carrollton land with lake, pastures, and woods.
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      Prime Undeveloped Land Opportunity

      12.17+/- acres of prime land in Carrollton, Georgia.
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    • $375,000

      Retail Center Pads Ready to Build

      Developed retail pads in high-traffic area with utilities on site.
      81 Kilgore Rd, Carrollton, GA 30116
      View Details
    • $4,000,000
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      Carrollton Land with Road Frontage

      50+/- acres of unimproved land near downtown Carrollton.
      Old Airport Rd, Carrollton, GA 30116
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    Similar Nearby for Lease

    • Contact for pricing
      216 SF

      Mixed-Use Facility with Leased Warehouses

      Mixed-use facility featuring leased warehouses and an office building.
      173-175 Kilgore Rd, Carrollton, GA 30116
      View Details
    • $12 SF/Yr
      49,000 SF

      Lake Carroll Business Park Offices

      Georgia Office & Industrial Space Available
      173 Kilgore Rd, Carrollton, GA 30116
      View Details
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    1625 Bankhead Hwy
    Carrollton, GA 30116-8588
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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
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