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Property profile & analytics
OFF-MARKET Estimated value $2,500,000
Strip malls

415 Rome St Carrollton, GA 30117-3108

37,108 SF 2.89 ac lot Built 1963
Entity Owned 2-yr Hold Free & Clear
Property ID
US22-1279852
Property summary
AI-generated overview

This exceptional 36,000 square foot multi-tenant retail and office space is ideally situated in the heart of Downtown Carrollton, Georgia. The property offers a unique blend of retail and office opportunities, with a minimum divisible space of 1,200 square feet. Benefit from a prime location within a vibrant and walkable downtown area, boasting easy access to a diverse range of amenities including numerous restaurants, coffee shops, and other retail establishments. The property's strategic location ensures high foot traffic and visibility, maximizing exposure for your business. Ample public parking is readily available for customers and employees. The area is further enhanced by The Amp, a venue hosting free public events, movies, and concerts, attracting significant crowds. Nearby businesses include Corner Cafe, Kristi's Southern Eats, June + Grey Irish Bred Pub, Dream City Brewline Company, Local Ties Brewing Company, and Brown Dog Eatery. This thriving community boasts a population of 184,840 within a 30-minute radius, supported by a robust workforce of 62,053 employees. The area is experiencing significant growth, with a 2.35% population increase in the past year. Carrollton is also home to two major employers: Southwire, Georgia's third-largest private company with over 7,000 employees, and Tanner Health System, a non-profit health system employing over 4,000. Renovation plans are underway, presenting an opportunity to lease in a newly improved space. This property offers a compelling investment opportunity in a dynamic and growing market.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1963
Construction CONCRETE BLOCKS
Total area 37,108 SF
Lot 2.89 ac (125,888 SF)
Zoning code C1
APN C03-003-0001
UPID US22-1279852
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.50M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.50M
Owner & transaction history
Centurion Investments LLC · 2 yrs held
Centurion Investments LLC
since 2024
Last sale
$2.5M
5 recorded transactions
2024
$2.5M
2024
Price N/A
2020
Price N/A
2020
$1.5M
1969
Price N/A
Zoning & alternative use
C1 · Carrollton, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $3.9M +94.7%
Auto repair, garage $3.6M +79.3%
Warehouse, storage $3.4M +70.2%
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