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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Bankhead Hwy Carrollton, GA 30117

    • Specialty properties
    • 11,500 SF
    • 25.97 lot acres
    OFF-MARKET
    Last Sale
    Dec 30, 2024
    $1,620,000
    Value Estimations
    $1,620,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-2704390
    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

    • Specialty properties

    Property Details for Bankhead Hwy

    Year built
    1988
    Construction
    STEEL FRAME
    Lot size
    25.97 lot acres
    Property size
    11,500 SF
    Zone code
    C2
    Property type
    Specialty properties
    APN
    C05-031-0024
    APU
    C050310024

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,620,000
      ML approach
      $1,620,000

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,590,000
      RESTAURANT
      $1,515,000
      MEDICAL BUILDING
      $1,410,000
      RETAIL STORES
      $1,195,000
      AUTO REPAIR, GARAGE
      $1,100,000
      WAREHOUSE, STORAGE
      $1,045,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Carrollton
    County
    Carroll
    State
    Georgia
    Longitude
    -85.025
    Latitude
    33.6007
    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
    $0.00
    $155,820
    $50,281
    $206,101
    -
    $389,550
    $125,703
    $515,253

    Comparable in this City

    • Value Estimation
      $315,000
      1,890 SF

      411 Park St

      CHARITABLE ORGANIZATION • 1,890 SF
      411 Park St, Carrollton, GA 30117-3034
      View Details
    • Value Estimation by Request
      0.10 Acres

      3020 27 Hwy

      Specialty properties • 0.10 Acres
      3020 27 Hwy, Carrollton, GA 30117
      View Details
    • Value Estimation by Request
      217,364 SF

      Columbia Dr

      Specialty properties • 217,364 SF
      0 Columbia Dr, Carrollton, GA 30117
      View Details
    • Value Estimation
      $250,000
      2.55 Acres

      1100 Stewart St

      CHARITABLE ORGANIZATION • 2.55 Acres
      1100 Stewart St, Carrollton, GA 30117-1714
      View Details
    • Value Estimation by Request
      95,257 SF

      525 Bankhead Hwy

      Restaurants • 95,257 SF
      525 Bankhead Hwy, Carrollton, GA 30117
      View Details
    • Value Estimation
      $330,000
      2,472 SF

      142 Ctr St

      FUNERAL HOME • 2,472 SF
      142 Ctr St, Carrollton, GA 30117-3332
      View Details

    Similar Nearby for Sale

    • $1,700,000

      Land For Sale, Carrollton, GA

      Land available for sale in Carrollton, Georgia.
      Beulah Church Rd, Carrollton, GA 30117
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    • $5,708,747
      7,613 SF

      Carrollton Parachute Plasma Investment Property

      NNN leased Parachute Plasma near Tanner Medical Center.
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    • $1,650,000
      1.70 Acres

      Carrollton Redevelopment Opportunity: 1.7 Acres

      1.7 acres in Carrollton, GA, ideal for redevelopment.
      919 Maple St, Carrollton, GA 30117
      View Details
    • $1,900,000
      11,764 SF

      Carrollton Office Building For Sale

      Prime Carrollton location, 11,764 sq ft, vacant.
      609 Bankhead Hwy, Carrollton, GA 30117
      View Details
    • $6,100,000
      37,200 SF

      Glen Eagles Professional Park

      Carrollton, GA Office Complex - $6.1M
      300 Glen Eagles Ct, Carrollton, GA 30117
      View Details
    • $239,000
      0.46 Acres

      Carrollton Commercial Land - $239K

      Prime Carrollton corner lot, high visibility, ready to build.
      415 Park St, Carrollton, GA 30117
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      36,000 SF

      Prime Carrollton Retail Space

      High-traffic retail space, flexible layouts.
      415 Rome St, Carrollton, GA 30117
      View Details
    • $13 SF/Yr
      1,620 SF

      Carrollton Office Space for Lease

      Prime Carrollton location, move-in ready suites.
      907 Park St, Carrollton, GA 30117
      View Details
    • $2,650 /Mo
      1,741 SF

      Professional Office Space in Carrollton

      Move-in-ready office space near downtown Carrollton.
      108 Cedar St, Carrollton, GA 30117
      View Details
    • $1,650 /Mo
      1,485 SF

      Professional Office Space in Carrollton

      Well-maintained office building with flexible layout and professional amenities.
      101 Rejen Dr, Carrollton, GA 30117
      View Details
    • 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
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    Bankhead Hwy
    Carrollton, GA 30117
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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