Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    500 Newnan Rd Carrollton, GA 30117-6401

    • Strip malls
    • 8,000 SF
    • 0.93 lot acres
    OFF-MARKET
    Value Estimation
    $360,000
    Location Intelligence
    Property ID
    US22-1326703
    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.

    Current Use by Public Records

    • Iglesia Cristiana Monte Olivar-Carrollton / Christian Church
    • Pupuseria La Gloria / Honduran Restaurant
    • Ileana's Hair Salon / Hair Salon / Beauty Salon
    • E & C Pools, Inc. / Pool Cleaning Service / Swimming Pool Contractor

    Property Details for 500 Newnan Rd

    Year built
    1997
    Lot size
    0.93 lot acres
    Property size
    8,000 SF
    Zone code
    C2
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    C05-030-0049
    APU
    C050300049

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $310,000

    • CAP approach

      CAP return
      Estimation
      6%
      $445,000
      6.5%
      $475,000
      7%
      $455,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $410,000
      Geo Method
      $525,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $395,000
      Retail
      $370,000
      Mixed-Use
      $510,000
      Hospitality
      $505,000
      Educational
      $450,000
      Residential Income
      $485,000
      Energy
      $455,000
      Income-Based Land
      $430,000
      Food Service
      $425,000

    Location Insight

    • Map
    • Local Demand
    City
    Carrollton
    County
    Carroll
    State
    Georgia
    Longitude
    -85.0572
    Latitude
    33.5766
    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
    $5,944
    $27,900
    $175,741
    $203,641
    -
    $69,750
    $439,353
    $509,103

    Comparable in this City

    • Value Estimation
      $425,000
      6,249 SF

      202 Brumbelow Rd

      SHOPPING CENTER, STRIP CENTER • 6,249 SF
      202 Brumbelow Rd, Carrollton, GA 30117-2744
      View Details
    • Value Estimation
      $1,195,000
      7,560 SF

      1745 Hwy 27

      SHOPPING CENTER, STRIP CENTER • 7,560 SF
      1745 Hwy 27, Carrollton, GA 30117-8938
      View Details
    • Value Estimation
      $885,000
      37,116 SF

      925 Maple St

      SHOPPING CENTER, STRIP CENTER • 37,116 SF
      925 Maple St, Carrollton, GA 30117-3659
      View Details
    • Value Estimation
      $425,000
      6,740 SF

      394 Brumbelow Rd

      SHOPPING CENTER, STRIP CENTER • 6,740 SF
      394 Brumbelow Rd, Carrollton, GA 30117-2729
      View Details
    • Value Estimation
      $700,000
      10,440 SF

      304 Columbia Dr

      SHOPPING CENTER, STRIP CENTER • 10,440 SF
      304 Columbia Dr, Carrollton, GA 30117-2053
      View Details
    • Value Estimation
      $1,460,000
      8,000 SF

      120 Cunningham Dr

      SHOPPING CENTER, STRIP CENTER • 8,000 SF
      120 Cunningham Dr, Carrollton, GA 30117-2815
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Retail Space in Thriving Center

      1,400 SF retail space in Carrollton, GA for lease.
      3958 Carrollton Vlg Rica Hwy, Carrollton, GA 30117
      View Details
    • $285,000
      1,624 SF

      Remodeled Commercial Building in Carrollton

      Remodeled commercial building suitable for small business or office use.
      205 W Center St, Carrollton, GA 30117
      View Details
    • $550,000
      8,000 SF

      Carrollton Retail Investment Opportunity

      High-traffic Hwy 27 retail assemblage
      2740 Highway 27, 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
    • $1,495,000
      4,172 SF

      Carrollton Retail Property on Highway

      Retail property on 6.086 acres with tenants in place.
      893 Park St, Carrollton, GA 30117
      View Details
    • $6,100,000
      37,200 SF

      Prime Carrollton Retail Center

      Three Buildings, 37,200 SF, $6.1M
      970 Hays Mill Rd, Carrollton, GA 30117
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      22,750 SF

      2235 Maple St

      Neighborhood centers • 22,750 SF
      2235 Maple St, Carrollton, GA 30117
      View Details
    • Contact for pricing

      Carrollton Retail Opportunity Near Atlanta

      Restaurant or retail space with drive-thru potential near CVS.
      546 Bankhead Hwy, Carrollton, GA 30117
      View Details
    • New
      $720 /Mo
      7,080 SF

      Salon Space in South Park

      Starter salon space ready to go in Carrollton, GA.
      907 S Park St, Carrollton, GA 30117
      View Details
    • Contact for pricing
      91,188 SF

      Riverbridge Shopping Center: Retail Space

      High-traffic Carrollton retail space available.
      1124 Park St, Carrollton, GA 30117
      View Details
    • $1,331 /Mo
      7,080 SF

      Salon Space in South Park

      Salon space ready to go in a high-traffic location.
      907 South Park St, Carrollton, GA 30117
      View Details
    • New
      $720 /Mo
      7,080 SF

      Carrollton Office/Retail Space Available

      Office/retail space in a high-traffic Carrollton location, ready soon.
      907 S Park 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.
    500 Newnan Rd
    Carrollton, GA 30117-6401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.