415 Rome St Carrollton, GA 30117
- Strip malls
- 37,108 SF
- 2.89 lot acres
Current Use by Public Records
- Strip malls
Property Details for 415 Rome St
- Year built
- 1963
- Construction
- CONCRETE BLOCKS
- Lot size
- 2.89 lot acres
- Property size
- 37,108 SF
- Zone code
- C1
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- C03-003-0001
- APU
- C030030001
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,500,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,240,000
- 6.5%
- $2,560,000
- 7%
- $2,370,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,410,000
- Geo Method
- $2,740,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,800,000
- Retail
- $2,540,000
- Mixed-Use
- $2,290,000
- Hospitality
- $2,115,000
- Educational
- $2,165,000
- Residential Income
- $2,180,000
- Energy
- $2,820,000
- Income-Based Land
- $2,655,000
- Food Service
- $2,950,000
Location Insight
- Map
- Local Demand
- City
- Carrollton
- County
- Carroll
- State
- Georgia
- Longitude
- -85.074
- Latitude
- 33.5827
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
