Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    202 Croft St Carrollton, GA 30117-3803
    Back to Search
    Property profile & analytics

    202 Croft St, Carrollton, GA 30117-3803

    View on Map
    • Medical Office Space
    • 2,815 SF
    • 0.65 lot acres
    Off-Market
    Property ID
    US22-0343686
    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.
    Value Estimations
    $590,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Community Medical Center / Physician
    • Palmetto Health Council / Physician
    • Dr. Besstina Lyles, MD / Pediatrician / Physician
    • YourTown Health / Medical Clinic
    • Dr. Catherine E. Burley, MD / Physician

    Property Details for 202 Croft St

    Year built
    2010
    Construction
    STEEL FRAME
    Lot size
    0.65 lot acres
    Zone code
    C2
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    C07-049-0001
    APU
    C070490001

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 29, 2020 — Palmetto Health Council INC — Deed · related $1.6M · Wells Fargo Bk
    May 29, 2009 $320,000 Palmetto Health Council INC Baret,eric H Warranty Deed $320k · United Community Bank
    — — Palmetto,health Council INC — Deed Of Trust · related $1.1M · Rbc Bank (usa)
    — — Palmetto Health Council INC — Deed Of Trust · related $1.6M · Wells Fargo Bk
    — — Eric H Baret — Deed Of Trust · related $305k · West Ga National Bank
    — — Palmetto Health Council INC — Deed Of Trust · related $1.6M · Wells Fargo Bk
    — — Baret,eric H — Loan Modification, Consolidation And Extension · related $388k · First National Bank Georgia

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $680,000
      6.5%
      $630,000
      7%
      $585,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Carrollton
    County
    Carroll
    State
    Georgia
    Longitude
    -85.0735
    Latitude
    33.574
    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
    $36,750
    $112,782
    $149,532
    -
    $91,875
    $281,955
    $373,830

    Comparable in this City

    • Value Estimation
      $1,420,000
      6,711 SF

      530 Newnan St

      MEDICAL BUILDING
      530 Newnan St, Carrollton, GA 30117-3344
      View Details
    • Value Estimation by Request
      1,680 SF

      103 Carroll Cir

      MEDICAL BUILDING
      103 Carroll Cir, Carrollton, GA 30117-2519
      View Details
    • Value Estimation
      $645,000
      3,248 SF

      119 Ctr St

      MEDICAL BUILDING
      119 Ctr St, Carrollton, GA 30117-3302
      View Details
    • Value Estimation by Request
      1,981 SF

      100 Professional Pl Ste, Unit 102

      MEDICAL BUILDING
      100 Professional Pl Ste, Carrollton, GA 30117-3827
      View Details
    • Value Estimation by Request
      1,589 SF

      100 Professional Pl Ste, Unit 201

      MEDICAL BUILDING
      100 Professional Pl Ste, Carrollton, GA 30117-3802
      View Details
    • Value Estimation
      $2,390,000
      11,654 SF

      1478 Hwy 27

      MEDICAL BUILDING
      1478 Hwy 27, Carrollton, GA 30117-8901
      View Details

    Similar Nearby for Sale

    • $6,100,000
      37,200 SF

      Glen Eagles Professional Park

      Carrollton, GA Office Complex - $6.1M
      300 Glen Eagles Ct, Carrollton, GA 30117
      View Details
    • $2,000,000
      8.67 Acres

      8.67 Acres Commercial Land

      Prime commercial land ready for development in a growing corridor.
      2868 Highway 166 W, Carrollton, GA 30117
      View Details
    • Contact for pricing
      7,613 SF

      Carrollton Parachute Plasma Investment Property

      NNN leased Parachute Plasma near Tanner Medical Center.
      1022 Maple St, Carrollton, GA 30117
      View Details
    • $1,300,000
      8,400 SF

      Versatile Downtown Carrollton Commercial Property

      Spacious 8,400 sq ft commercial property in downtown Carrollton.
      402 Rome St, Carrollton, GA 30117
      View Details
    • Contact for pricing

      Glen Eagles Professional Park

      37,200 SF commercial property in Carrollton, Georgia for sale.
      970 Hays Mill Rd, Carrollton, GA 30117
      View Details
    • $359,000
      1,434 SF

      Classic Office Space Near Square

      Charming office space with timeless appeal near Carrollton Square.
      112 Cedar St, Carrollton, GA 30117
      View Details

    Similar Nearby for Lease

    • $6,045 /Mo

      Office Space in Carrollton, GA

      Office space available for lease in Carrollton, Georgia.
      820-B Dixie St, Carrollton, GA 30117
      View Details
    • $6,045 /Mo
      5,181 SF

      Move-in Ready Carrollton Office Space

      5,181 SF office space near Tanner Medical Center and Southwire.
      820-B Dixie St, Carrollton, GA 30117
      View Details
    • $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
      View Details
    • $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
      View Details
    • $2,650 /Mo
      1,741 SF

      Professional Office Space in Carrollton

      Move-in ready office space near downtown Carrollton.
      108 Cedar St, Carrollton, GA 30117
      View Details
    • $6,045 /Mo
      5,181 SF

      Move-in Ready Carrollton Office Space

      5,181 SF office space near Tanner Medical Center.
      820-B Dixie St, Carrollton, GA 30117
      View Details
    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.
    202 Croft St
    Carrollton, GA 30117-3803
    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

    Thank You for Inquiry
    202 Croft St, Carrollton, GA, 30117
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!