Versatile Commercial Building on Corner
4729 Alabama Highway NW Rome, GA 30165
4729 Alabama Highway NW, Rome, GA, 30165
$299,000
For Sale
$299,000
COMMERCIAL - Rome, GA
Property Size3,346 SF
Lot Size1.00 Acre
Price / SF$89.36
Days on Market147
Property Features for 4729 Alabama Highway NW
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Fencing
- Chain Link, Fenced
- Standard status
- Active
- APN
- F13Y 198
- Size
- 3,346 SF
- Lot size
- 1.00 Acre
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 1307
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1965
- Flooring type
- Concrete
- Building materials
- Brick
- Roof type
- Composition
Listing Agency
Hardy Realty & Development Company
(706) 291-4321
1609 Martha Berry Blvd., Rome, GA
Listed by
Lori Walker Davidson
(706) 766-7463
Added: Feb 20 Checked: Jul 17 at 3:06 pm
MLS# 10696033
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 versatile commercial building, situated on a fenced 1-acre corner lot, offers approximately 3,400 square feet of functional space. The property features one roll-up door for loading or delivery, complemented by paved parking. Inside, large open areas can be configured for retail, office, warehouse, or workspace needs. The building includes two restrooms for convenience. Ample parking and outdoor space enhance the property's suitability for a variety of uses. The property is located on a busy highway and has excellent visibility. Constructed of brick, this property presents an opportunity for an owner-user or investor and is located in Rome, GA.
Key Highlights
- High‑visibility location on a busy highway.
- Approximately 3,400 sq ft of flexible commercial space.
- 1‑acre fenced corner lot with paved parking.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.0k | $14.04 |
| − Vacancy | −$10.3k | −$3.09 |
| EGI | $36.6k | $10.95 |
| − OpEx | −$9.2k | −$2.74 |
| NOI | $27.5k | $8.21 |
3,346 SF · lease $14.04/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Flex RnD
$433.4K
$379.3K – $505.7K
NOI $30,340 @ 7.0% cap · market cap 10.15%
Second Best
Office B
$392.6K
$343.5K – $458.0K
NOI $27,482 @ 7.0% cap · market cap 9.19%
Theoretical Best
Healthcare Medical
$554.4K
$485.1K – $646.9K
NOI $38,811 @ 7.0% cap · market cap 12.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Kens Antiques and Auction
Home Decor Store
Similar For Sale Nearby
Similar Off Market Nearby
- Helecia's Dinners & Catering, LLC — 31 Fairhaven Dr NW, Rome, GA 30165
FAQs
What type of property is this?
Flex space - 3,400 SF commercial building on 1-acre corner lot.
Where is this flex space located?
The property is located at 4729 Alabama Highway NW Rome, GA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: High‑visibility location on a busy highway.; Approximately 3,400 sq ft of flexible commercial space.; 1‑acre fenced corner lot with paved parking.
