Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Agricultural Land in Rome, GA Title is generated by Realmo AI

    1644 Wayside Road NE, Rome, GA 30161

    View on Map
    Claim this Listing
    Picture of Agricultural land / Farmland at 1644 Wayside Road NE, Rome, GA
    For Sale
    $210,000

    LAND - Rome, GA

    Lot size:
    16.56 Acres
    Added:
    Jan 26, 2026
    Days on Market:
    116
    Last Refresh:
    May 22 at 10:06 pm

    Property Features for 1644 Wayside Road NE

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    L12Z 014
    Lot size
    16.56 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Annual Amount
    530

    Utilities

    Utilities
    Water Available
    Water source
    Public

    We can help!

    Listing Contact
    Russell Rogers
    Russell Rogers

    Listing agent Russell Rogers License #491970

    Listing office Toles, Temple & Wright, Inc. 611 Turner Mccall Blvd., Rome, GA

    Listing date Jan 26, 2026

    MLS# 10684395 Listing URL

    Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Agricultural Residential Zoning offers flexibility.
    • Acreage for Building your dream home.
    • Located in Model School District, ideal for families.
    • Wooded and Open Land provides a beautiful, diverse landscape.
    • Water Available (Public) for convenience.
    • Old Barn (Built in 1941) adds character.

    Overview

    This property, zoned agricultural residential, features a mix of wooded and open land. An old barn, constructed in 1941, is located on the premises. Situated within the Model school district, the property offers 16.56 acres suitable for building purposes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Real Estate Agency Auto Repair Shop Gym & Fitness Center HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rome
    County
    Floyd
    State
    Georgia
    Longitude
    -85.083448
    Latitude
    34.287444

    Nearby Similar for Sale

    • $695,000
      18,088 SF

      Commercial Building in West Rome

      18,000+ sq ft commercial building near Hwy 20.
      6 Redmond Court NW, Rome, GA 30165
      View Details
    • $818,131

      Commercial Building on Highway 27

      7,448 SF commercial building on 2.14 acres in Rome, GA.
      4065 Martha Berry HWY, Rome, GA 30165
      View Details
    • $299,000
      3,346 SF

      Versatile Commercial Building on Corner Lot

      3,400 SF commercial building on 1-acre corner lot.
      4729 Alabama Highway NW, Rome, GA 30165
      View Details
    • $375,000
      3,000 SF

      Office/Studio with Garage in Rome

      3000 sq ft office/studio with garage and covered parking.
      12 Commerce Court, Rome, GA 30161
      View Details
    • $299,000
      6,000 SF

      Rome GA Industrial Warehouse

      6,000 SF warehouse in Rome, GA for sale.
      1 Albion Drive, Rome, GA 30165
      View Details
    • $425,000
      4,248 SF

      Versatile Commercial Building on Highway

      4,200+ sq ft commercial building with high visibility.
      3964 Martha Berry Highway NE, Rome, GA 30165
      View Details
    • $449,000
      1,728 SF

      Commercial Property on One Acre

      Commercial building on a one-acre lot suitable for various uses.
      3041 Martha Berry Highway NW, Rome, GA 30165
      View Details
    • $599,000

      Commercially Zoned Land Opportunity

      12.277 acres of commercially zoned land for sale.
      3105 Barker Road, Rome, GA 30165
      View Details
    • $850,000

      Prime Commercial Tract on Shorter

      2.00 acre commercial tract with excellent flexibility for various uses.
      2604 Shorter Avenue NW, Rome, GA 30165
      View Details
    • $4,500,000
      41,141 SF

      Downtown Rome Multi-Tenant Office

      41,000 SF multi-tenant office building in downtown Rome, GA.
      701 Broad Street, Rome, GA 30161
      View Details
    • $109,000

      Commercial Corner Lot on Hwy 53

      1.17 acre commercial lot with excellent visibility and access.
      Pierce Hill Road, Rome, GA 30161
      View Details
    • $4,950,000
      43,000 SF

      Prime Office Investment Opportunity

      43,000 sq ft office complex on 1.58 acres.
      800 Broad Street, Rome, GA 30161
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 16.56 acres of agricultural residential land with wooded and open areas.
    Where is this agricultural land / farmland located?
    The property is located at 1644 Wayside Road NE Rome, GA.
    What is the asking price?
    The asking price for this property is $210,000.
    What are key features of this property?
    This property features: Agricultural Residential Zoning offers flexibility.; Acreage for Building your dream home.; Located in Model School District, ideal for families.
    (706) 346-0400
    We can help!
    Listing Contact
    Russell Rogers
    Russell Rogers
    Real Estate License ID: 491970
    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.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1644 Wayside Road NE, Rome, GA 30161
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!