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Investment Highlights

  • Land Disturbance Permit in Hand
  • Self Storage
  • Walkable to West Georgia University
  • Opportunity Zone

Executive Summary

**Entitled Mixed-Use Development Site | 100 Multifamily Units + 50,000 SF Self-Storage + Commercial**
Rare **10.9± acre entitled development opportunity** at **501 Lovvorn Road in Carrollton, Georgia**, within walking distance of the **University of West Georgia (UWG)**.
This former industrial site has an **approved mixed-use development plan** allowing **100 multifamily residential units, 50,000 SF of self-storage, and 1 acre of general commercial development.** A **Land Disturbance Permit (LDP) is in place**, with significant entitlement, planning, and engineering work already completed.
The property offers an attractive opportunity for **multifamily developers, apartment developers, self-storage developers, mixed-use developers, and investors** seeking an entitled development site in the growing West Georgia market.
Existing site improvements include **concrete drive lanes and secure perimeter fencing**. The property provides convenient access to downtown Carrollton, the University of West Georgia, US-27, Villa Rica, I-20, and the greater West Georgia market.
**Development Highlights:**
• 10.9± acre development site
• **100 approved multifamily residential units**
• **50,000 SF approved self-storage development**
• **1 acre general commercial development**
• Approved mixed-use development plan
• **Land Disturbance Permit (LDP) in place**
• Significant engineering and entitlement work completed
• Walking distance to the **University of West Georgia**
• Existing concrete drive lanes
• Secure perimeter fencing
• Opportunity Zone
• Carrollton / West Georgia location
• Convenient access to US-27 and I-20
**Asking Price: $3,000,000**
An excellent opportunity to acquire an **entitled multifamily, self-storage and commercial development site** with approvals already in place in Carrollton, Georgia.

Data Room Click Here to Access

Property Facts

Price $3,000,000
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Hospitality
  • Bank
  • Bar
  • Carwash
  • Community Center
  • Contractor Storage Yard
  • Convenience Store
  • Department Store
  • Distribution
  • Drugstore
  • Fast Food
  • Funeral Home
  • Garden Center
  • General Freestanding
  • Healthcare
  • Health Club
  • Hold For Development
  • Hold For Investment
  • Hotel
  • Industrial Live or Work Unit
  • Lodge or Meeting Hall
  • Loft or Creative Space
  • Lumberyard
  • Medical
  • Motel
  • Movie Theater
  • Movie, Radio or Television Studio
  • Neighborhood Center
  • Outlet Center
  • Parking Lot
  • Public Library
  • Research and Development
  • Radio or Television Transmission Facility
  • Recycling Center
  • Rehabilitation Center
  • Religious Facility
  • Restaurant
  • Retail Warehouse
  • Schools
  • Self Storage
  • Service Station
  • Shelter
  • Skating Rink
  • Specialty, Festival or Entertainment
  • Strip Center
  • Supermarket
  • Truck Terminal
  • Warehouse
Total Lot Size 10.90 AC
Opportunity Zone Yes
Zoning M1 - Currently zoned M1 Industrial was rezoned in 2024 for 100 multi family units, 50,000 sf storage and 1 acre General Commercial.

1 Lot Available

Lot

Price $3,000,000
Price Per AC $275,229.36
Lot Size 10.90 AC

10.9± AC entitled mixed-use development site in Carrollton, GA. Approved for 100 multifamily units, 50,000 SF self-storage & 1 AC commercial. LDP in place. Walk to University of West Georgia. Multifamily, self-storage investment opportunity.

Description

Former industrial site permitted for a mix of multi-family and self storage. Property is walking distance to West Georgia University. 100 units multi family, 5 acres self storage and 1 acre general commercial.

Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
C08-0090002
Land Assessment
$283,400
Improvements Assessment
$8,580
Total Assessment
$291,980
  • Listing ID: 40837530

  • Date on Market: 6/8/2026

  • Last Updated:

  • Address: 501 Lovvorn Rd, Carrollton, GA 30117

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