Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    101 Gtm Pkwy Rockmart, GA 30153

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,300,000

    Liquor store with retail space in high-traffic Rockmart location.

    Property size:
    9,900 SF
    Lot size:
    1.12 Acres

    Property Features for 101 Gtm Pkwy

    General Information

    Standard status
    Active
    Size
    9,900 SF
    Lot size
    1.12 Acres

    Building Details

    Year built
    1995

    We can help!

    Listing Contact
    Michael Tinney
    Source: Exitrealty

    Listing Agency: Main Street Realtors Listing Agent: Michael Tinney

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Profitable Liquor Store with Retail

    This property features a profitable liquor store, established in 2023, situated in a high-visibility, high-traffic location in Rockmart. The purchase includes the business, building, and land. The property also includes additional upstairs space suitable for office use. An attached retail space is currently rented for $2,600 per month. The building has an appraisal value of $2,500,000, excluding inventory. The liquor store opened in late October 2023, and its gross sales for July were approximately $73,000 and increasing. The surrounding area of Rockmart is experiencing growth, with a planned 500-unit subdivision, a new Longhorn Steakhouse under construction, and a new Dunkin' Donuts planned.
    Location Intelligence

    Current Use by Public Records

    Auto Parts Company Auto Parts Store Carquest Auto Parts ... Auto Parts Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    Ingles Market, IGA, Triangle Foods

    Location Insight

    • Map
    • Local Demand
    City
    Rockmart
    County
    Polk
    State
    Georgia
    Longitude
    -85.046117
    Latitude
    34.012338

    Nearby Similar for Sale

    • New
      $599,000
      2,078 SF

      Unique Restaurant Property with Dining Caboose

      Restaurant with modern upgrades, outdoor seating, and dining caboose.
      406 N Piedmont Ave, Rockmart, GA 30153
      View Details
    • $480,000
      11,750 SF

      Rockmart Commercial Building on 2.23 Acres

      Commercial building with warehouse, showroom, and office space on 2.23 acres.
      212 Church St, Rockmart, GA 30153
      View Details
    • $299,000
      2,877 SF

      Historic Home Near Downtown Rockmart

      Historic home near downtown Rockmart with many potential uses.
      300 Church St, Rockmart, GA 30153
      View Details
    • New
      $35,143
      0.04 Acres

      Versatile Commercial Building Near Downtown

      Commercial building suitable for retail, office, or studio space.
      127 College St, Rockmart, GA 30153
      View Details
    • $255,000
      4,213 SF

      Downtown Rockmart Commercial Building For Sale

      Commercial building in downtown Rockmart with fenced lot and shed.
      202 N Marble St, Rockmart, GA 30153
      View Details
    • $1,500,000

      Renovated Multifamily Building in Rockmart

      Turnkey 10-unit apartment building with strong occupancy in Rockmart, GA.
      530 Hogue Ave, Rockmart, GA 30153
      View Details
    • $899,900
      2,078 SF

      Piedmont Avenue Restaurant & Bar

      Historic Rockmart Restaurant, 2,078 SF
      406 Piedmont Ave, Rockmart, GA 30153
      View Details
    • $899,900
      2,078 SF

      Historic Rockmart Restaurant with Caboose

      Charming restaurant, unique dining experience, vibrant community.
      406 Piedmont Ave, Rockmart, GA 30153
      View Details
    • $1,497,000
      55.43 Acres

      Rockmart Aviation and Adventure Retreat

      55.43 acre aviation and recreation property in Rockmart, Georgia.
      1195 Grady Rd, Rockmart, GA 30153
      View Details
    • $500,000
      7.08 Acres

      Rockmart Commercial Land - Hwy 278

      7-Acre Development Ready Tract, High Visibility
      3163 Cedartown Hwy, Rockmart, GA 30153
      View Details
    • $2,300,000
      9,900 SF

      Rockmart Liquor Store & Building

      Profitable Business, High Traffic Location
      101 Gtm Pkwy, Rockmart, GA 30153
      View Details
    • $275,000
      1.00 Acre

      Highway 278 Commercial Lot

      Prime Rockmart Location, Owner Financing Available
      Nathan Dean Byp, Rockmart, GA 30153
      View Details

    FAQs

    What type of property is this?
    Grocery and convenience store - Liquor store with retail space in high-traffic Rockmart location.
    Where is this grocery and convenience store located?
    The property is located at 101 Gtm Pkwy Rockmart, GA.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: - Profitable liquor store business, building, and land included in purchase.; - High visibility and traffic location in the heart of Rockmart.; - Additional rental income from attached retail space ($2600/month).
    (770) 500-8443
    Request Owner's contact information
    101 Gtm Pkwy Rockmart, GA 30153
    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.
    101 Gtm Pkwy
    Rockmart, GA 30153
    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
    101 Gtm Pkwy Rockmart, GA 30153
    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

    We can help!
    Listing Contact
    Michael Tinney
    Real Estate License ID: 180388
    (770) 500-8443 (770) 749-7900
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!