Shopping Center Near
For Sale
$1,250,000
Pending
1012 N Broad Street NE, Rome, GA 30161
The shopping center sits one block from downtown Rome along Broad Street.
Property Size2,007 SF
Days on Market60
Property Features for 1012 N Broad Street NE
General Information
Standard status
Pending
Size
2,007 SF
Property subtype
Commercial
Amenities
1.25 acres, Business Park, City Lot, Corner Lot, Level
Public Sewer
Parcel Number: J13O 079, Annual Amount: $21,422, Year: 2025
Central Air
Central, Natural Gas
Listing ID: 10827097, Standard Status: Pending, MLS Status: Under Contract, On market as of 2026-08-17, Off market as of 2026-08-17
Parking Lot
Built in 2007, Construction Materials: Brick, Stucco
County/Parish: Floyd
Resale
Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available, Water Source: Public, 220 Volts
Close Of Escrow
Building Details
Building Size
2,007 SF
Year Built
2007
Listing Agency:
Hardy Realty & Development Company
(706) 291-4321
Listed By:
Larry E Cagle · License #138923
(706) 266-2359
Source:
Blackstreaminternational
Added: Aug 17
Changed: Oct 13
Last Checked: Oct 15 at 12:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hardy Realty & Development Company
Investment Insights
Based on property information with market context.
This shopping center was built in 2007 and is located at 1012 N Broad Street NE in Rome, Georgia. The property is positioned one block from the heart of downtown Rome, with Broad Street providing the immediate setting.
Key Highlights
- Shopping center property built in 2007
- Located at 1012 N Broad Street NE, Rome, GA 30161
- One block from the heart of downtown Rome
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,031
Cap Rate
4.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,160,620
$1.2M
Cap Rate 7%
$829,014
$829.0K
Cap Rate 9%
$644,789
$644.8K
Market Conditions
NOI Build-Up for 9,300 SF
Gross rent
$92.6K $9.96/SF
− Vacancy
−$9.7K −$1.05/SF
EGI
$82.9K $8.91/SF
− OpEx
−$24.9K −$2.67/SF
NOI
$58.0K $6.24/SF
Area
Floyd County, GA
Vacancy
10.50%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,160,620
Cap Rate 7%
$829,014
Cap Rate 9%
$644,789
Alternative Uses
Best Use
Retail
$829.0K
$725.4K – $967.2K
NOI $58,031 @ 7.0% cap · market cap 4.64%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$1.54M
$1.35M – $1.80M
NOI $107,873 @ 7.0% cap · market cap 8.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,003
Businesses Nearby
206k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 37%
Shops & Services 21%
Home Improvements & Furnishings 19%
Groceries 12%
The Home Depot
Home Improvements & Furnishings
38,142 visits/mo
0.5 miles
Aldi
Groceries
24,201 visits/mo
0.4 miles
Dollar Tree
Shops & Services
17,917 visits/mo
0.4 miles
Steak 'n Shake
Dining
17,120 visits/mo
0.4 miles
Goodwill
Apparel
15,269 visits/mo
0.3 miles
Demographics for 30161, GA
35,382
Population
14,924
Households
2.4
Avg Household Size
41
Median Age
27%
College-Educated
85%
High-School Grad
143.3 sq mi
ZIP Area
247
Density / Sq Mi
$60,176
Median Household Income
$34,545
Median Earnings
$1,006
Median Rent
$185,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Shopping center - The shopping center sits one block from downtown Rome along Broad Street.
Where is this shopping center located?
The property is located at 1012 N Broad Street NE Rome, GA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Shopping center property built in 2007; Located at 1012 N Broad Street NE, Rome, GA 30161; One block from the heart of downtown Rome
