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Storefront Property with Walk-In Coolers
For Sale
$425,000

3964 Martha Berry Highway NE, Rome, GA 30165

Commercial Sale, Rome, GA

Property Size4,248 SF
Lot Size0.92 Acres
Price / SF$100.05
Days on Market374

Property Features for 3964 Martha Berry Highway NE

General Information

Property type Commercial Sale
Property subtype Other
Parking 6
Parking features Parking Lot
Window features Display Window(s)
Lot features City Lot, Level
Directions Take Hwy 27 north, the property will be on the right. GPS friendly.
Standard status Active
APN J11X 008
Size 4,248 SF
Lot size 0.92 Acres

Taxes and HOA fees

Tax Year 24
Tax Annual Amount 3430

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

large open floor plan
lots of storage
two walk-in coolers
an office space
a kitchen area
two bathrooms

Building Details

Year built 1964
Building materials Brick
Roof type Metal
Listing Agency: Hardy Realty & Development Company
Listed By: Stephen Douglas Graves · License #172674
Added: Oct 1, 2025 Changed: Aug 19 Last Checked: Oct 9 at 1:06PM
MLS# 10615855

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.

Investment Insights

Based on property information with market context.

This brick storefront property contains 4,248 square feet on a 0.92-acre parcel along Martha Berry Highway NE. The interior includes an open floor plan, dedicated storage, an office, a kitchen area, and two bathrooms. Two walk-in coolers support refrigerated retail or food-related operations, while the metal roof and central heating and air conditioning add to the building’s existing infrastructure.

The property is located in Rome, Georgia, with a parking lot and highway exposure. Public water and public sewer serve the site, and cable is available. Built in 1964, the building offers a practical commercial layout with a mix of open customer-facing space and back-of-house features.

Key Highlights

  • 4,248‑square‑foot commercial building on 0.92 acres
  • Two walk‑in coolers included
  • Open floor plan with storage, office, kitchen area, and two bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,184
Cap Rate
7.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$623,680 $623.7K
Cap Rate 7%
$445,486 $445.5K
Cap Rate 9%
$346,489 $346.5K
Market Conditions
NOI Build-Up for 4,248 SF
Gross rent
$40.3K $9.48/SF
− Vacancy
−$3.6K −$0.84/SF
EGI
$36.7K $8.64/SF
− OpEx
−$5.5K −$1.30/SF
NOI
$31.2K $7.34/SF
Area
Floyd County, GA
Vacancy
8.90%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$623,680
Cap Rate 7%
$445,486
Cap Rate 9%
$346,489

Alternative Uses

Best Use
Warehouse
$445.5K
$389.8K – $519.7K (±1% cap)
NOI $31,184 @ 7.0% cap · market cap 7.34%
Second Best
Retail
$378.7K
$331.3K – $441.8K (±1% cap)
NOI $26,507 @ 7.0% cap · market cap 6.24%
Theoretical Best
Healthcare Medical
$703.9K
$615.9K – $821.2K (±1% cap)
NOI $49,273 @ 7.0% cap · market cap 11.59%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Flowers & Gifts by ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Restaurant Law Firm Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

83
Businesses Nearby
Balanced
Demand for This Use

Demographics for 30165, GA

41,943
Population
17,159
Households
2.4
Avg Household Size
36
Median Age
26%
College-Educated
83%
High-School Grad
167.0 sq mi
ZIP Area
251
Density / Sq Mi
$63,915
Median Household Income
$35,637
Median Earnings
$949
Median Rent
$209,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Flowers & Gifts by Joan — 3964 Martha Berry Hwy, Rome, GA 30165

Frequently Asked Questions

What type of property is this?
Storefront property - Highway-facing commercial building with open retail space, substantial storage, office, kitchen area, and two bathrooms.
Where is this storefront property located?
The property is located at 3964 Martha Berry Highway NE Rome, GA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 4,248‑square‑foot commercial building on 0.92 acres; Two walk‑in coolers included; Open floor plan with storage, office, kitchen area, and two bathrooms
More about this property
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