Flex Space with Garage
For Sale
$375,000
12 Commerce Court, Rome, GA 30161
C-3 zoning and a fenced site accompany a flexible interior with dedicated garage storage.
Property Size3,000 SF
Lot Size0.49 Acres
Price / SF$125
Days on Market323
Property Features for 12 Commerce Court
General Information
Standard status
Active
Size
3,000 SF
Lot size
0.49 Acres
Property subtype
Commercial
Zoning
C-3
Additional Details
Fenced Yard
Yes
Taxes and HOA fees
Annual Taxes
$2,337
Building Details
Building Size
3,000 SF
Year Built
1981
Buildings
1
Listing Agency:
Toles, Temple & Wright, Inc.
(706) 291-0202
Listed By:
Della Gore
(706) 252-1415
Source:
Connersmithrealty
Added: Dec 8, 2025
Changed: Oct 25
Last Checked: Oct 26 at 3:55AM
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 Toles, Temple & Wright, Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,000-square-foot flex property includes former office and recording-studio space, plus garage storage and a garage door for unloading. The building dates to 1981 and carries C-3 zoning.
The 100 x 215 lot is enclosed by fencing. A 12 ft X 60 ft covered parking area provides additional space for unloading.
The 100 x 215 lot is enclosed by fencing. A 12 ft X 60 ft covered parking area provides additional space for unloading.
Key Highlights
- 3,000‑square‑foot flex property with office and recording‑studio space
- Garage storage area with a garage door for unloading
- Fenced 100 x 215 lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,203
Cap Rate
7.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$544,060
$544.1K
Cap Rate 7%
$388,614
$388.6K
Cap Rate 9%
$302,256
$302.3K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$45.0K $15.00/SF
− Vacancy
−$3.2K −$1.05/SF
EGI
$41.9K $13.95/SF
− OpEx
−$14.6K −$4.88/SF
NOI
$27.2K $9.07/SF
Area
Floyd County, GA
Vacancy
7.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$544,060
Cap Rate 7%
$388,614
Cap Rate 9%
$302,256
Alternative Uses
Best Use
Flex RnD
$388.6K
$340.0K – $453.4K
NOI $27,203 @ 7.0% cap · market cap 7.25%
Second Best
Industrial
$261.1K
$228.5K – $304.6K
NOI $18,276 @ 7.0% cap · market cap 4.87%
Theoretical Best
Healthcare Medical
$497.1K
$435.0K – $580.0K
NOI $34,798 @ 7.0% cap · market cap 9.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
238
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Turner Food Systems — 1413 1/2 Dean Ave SE, Rome, GA 30161
Frequently Asked Questions
What type of property is this?
Flex space - C-3 zoning and a fenced site accompany a flexible interior with dedicated garage storage.
Where is this flex space located?
The property is located at 12 Commerce Court Rome, GA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 3,000‑square‑foot flex property with office and recording‑studio space; Garage storage area with a garage door for unloading; Fenced 100 x 215 lot
