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Property profile & analytics
OFF-MARKET
Estimated value
$18,345,000
Office Spaces
311 Newnan St, Carrollton, GA 30117-3124
Entity Owned
Free & Clear
Property ID
US22-4607961
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1965
Construction
WOOD FRAME
Total area
84,600 SF
Lot
2.8 ac (121,968 SF)
Zoning code
OI
APN
C07-006-0001
UPID
US22-4607961
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Carroll County Juvenile Court County Court
-
Superior Court Clerk Authority County Court
-
Carroll County District Attorney's Office Government Office
-
Carroll County Courthouse Courthouse
-
Carroll County Superior Court County Court
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$15.82M
Comparable Approach
Comparable
$21.02M
Blend (final)
Blend
$18.35M
Owner & transaction history
CARROLL COUNTY GEORGIA
CARROLL COUNTY GEORGIA
Zoning & alternative use
OI · Carrollton, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$14.3M
+0.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Carrollton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carrollton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$17,130,000
6.5%
$15,815,000
7%
$14,685,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$14,130,000
Current use
RETAIL STORES
$14,260,000
Change: +1% · Conversion: Easy
AUTO REPAIR, GARAGE
$13,165,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$18.35M
Range $16.51M – $20.18M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$217 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$8,504,153
Assessed 2023
Previous assessed
$8,504,153
+0.0% YoY
Assessed land
$224,000
Assessed improvement
$8,280,153
Land market value
$560,000
Improvement market value
$20,700,383
Total market value
$21,260,383
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1965
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Total area
84,600 SF
Lot
2.8 ac (121,968 SF)
Zoning code
OI
APN
C07-006-0001
UPID
US22-4607961
Jurisdiction
CARROLL
Zoning & alternative use
OI · Carrollton, GA
Zoning OI · permitted uses
OI · Carrollton, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Carrollton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$14.1M
RETAIL STORES
Est. value
$14.3M
AUTO REPAIR, GARAGE
Est. value
$13.2M
COMMERCIAL (GENERAL) Current
RETAIL STORES
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1965
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
Yes
Buildings
2
Lot
2.8 ac
Current owner
From public records · entity-resolved
CARROLL COUNTY GEORGIA
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 338, CARROLLTON, GA 30112-0053
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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