415 Rome StCarrollton, GA 30117

Property Details for 415 Rome St

Year built

1963

Construction

CONCRETE BLOCKS

Lot size

2.89 AC

Property size (Sq ft)

37,108 SF

Zone code

C1

Property type

Retail properties

Property subtype

Strip malls

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.

• CAP approach

  CAP return

  Valuation

  6%

  $8,203,716

  6.5%

  $7,572,661

  7%

  $7,031,756

• Comparable approach

  Method

  Valuation

  Relative Method

  $17,741,210

  Geo Method

  $18,240,482

• Alternative Use

  Use

  Valuation

  Residential

  $6,387,823

  Hospitality

  $5,851,212

  Educational

  $4,868,140

  Medical

  $5,035,562

  Retail

  $7,572,661

Location Insight

City

Carrollton

County

Carroll

State

Georgia

Latitude

33.5827

Longitude

-85.074

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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