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    FOR SALE
    Office Spaces

    402 Rome St, Carrollton, GA 30117

    3,800 SF 0.25 ac lot Built 1950
    Individually Owned ~ Est. High Equity
    Property ID
    US22-1485151
    Property summary
    AI-generated overview

    This exceptional 7,600 square foot commercial property is situated in the heart of downtown Carrollton, offering a unique blend of functionality and prime location. The building features two distinct levels, each accessible via its own private entrance, providing flexibility for diverse business operations. The main level showcases two executive office suites, eight additional offices, a full kitchen equipped with ample cabinetry, and a dedicated employee break room. High-quality hardwood floors, a spacious waiting area, and a welcoming reception area enhance the professional atmosphere. Upstairs, the upper level offers a series of private offices arranged along a wide hallway, creating a balance between individual privacy and an open, collaborative feel. Two executive suites on this level include built-in bookcases, with the larger suite further benefiting from a kitchenette and a private half bath. The finished lower level boasts a contemporary design, incorporating curved glass and steel accents and abundant natural light from wall-to-wall windows. This level includes five offices, a training room perfect for conferences and meetings, and a substantial storage area with ample shelving. The property also includes a significant advantage: thirteen parking spaces – a rare commodity in the downtown area. The building itself is exceptionally well-maintained, featuring six recently installed HVAC units, a durable brick and siding exterior, a metal roof, and a robust steel beam structure throughout. The property is also prepped for the future installation of an elevator for convenient access between floors. Its walkable location to downtown Carrollton ensures easy access to local amenities and a vibrant business community, making this a truly exceptional opportunity. The 0.25-acre lot provides ample space for the building and parking.

    Property profile
    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    Year built 1950
    Construction STEEL FRAME
    Total area 3,800 SF
    Lot 0.25 ac (10,890 SF)
    Zoning code C1
    APN C02-004-0006
    UPID US22-1485151
    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
    • CSRA Probation Inc. Probation Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $710k
    Comparable Approach Comparable
    $607k
    Blend (final) Blend
    $605k
    Owner & transaction history
    Thomas D Payne
    Thomas D Payne
    1 recorded transaction
    1969
    Zoning & alternative use
    C1 · Carrollton, GA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $640,000 +0.9%
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    More about this property
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