Equipped Retail
For Sale
$199,000
1306 Maple Avenue SW, Rome, GA 30161
Commercial Sale, Rome, GA
Property Size1,067 SF
Lot Size0.15 Acres
Price / SF$186.50
Days on Market47
Property Features for 1306 Maple Avenue SW
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
4
Parking features
Parking Lot
Lot features
Business Park, Level
Directions
Head toward E 2nd Ave on E 2nd Ave SW (GA-101). Go for 69 ft., left onto E 6th St SW. Go for 404 ft, Turn left onto Ma le Ave SW.
Standard status
Active
APN
J14K 251
Size
1,067 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1117
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air, Window Unit(s)
Water source
Public
Building Details
Year built
1977
Building materials
Stucco
Roof type
Metal
Listing Agency:
eXp Realty
(888) 959-9461
Listed By:
Sherrell Smith · License #387147
(770) 546-9364
Added: Jul 15
Changed: Aug 19
Last Checked: Aug 30 at 9:06PM
MLS# 10805962
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 1,067-square-foot retail space at 1306 Maple Avenue SW includes an operating hair salon configuration with 4 styling chairs, 4 dryers, 3 washing stations, and 2 restrooms. The building dates to 1977 and features stucco construction, a metal roof, central heating, central air, and an additional window unit. A parking lot serves the property.
The site encompasses 0.15 acres in East Rome, positioned just off the Maple Avenue corridor. Public water and public sewer serve the property, and cable is available. Commercial zoning supports the current retail use and provides a basis for evaluating other business concepts permitted under applicable regulations.
The site encompasses 0.15 acres in East Rome, positioned just off the Maple Avenue corridor. Public water and public sewer serve the property, and cable is available. Commercial zoning supports the current retail use and provides a basis for evaluating other business concepts permitted under applicable regulations.
Key Highlights
- 1,067‑square‑foot retail property on a 0.15‑acre site
- Existing salon layout with 4 styling chairs, 4 dryers, and 3 washing stations
- 2 restrooms and an on‑site parking lot
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$6,658
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.35%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$133,160
$133.2K
Cap Rate 7%
$95,114
$95.1K
Cap Rate 9%
$73,978
$74.0K
Market Conditions
NOI Build-Up for 1,067 SF
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.
Gross rent
$10.6K $9.96/SF
− Vacancy
−$1.1K −$1.05/SF
EGI
$9.5K $8.91/SF
− OpEx
−$2.9K −$2.67/SF
NOI
$6.7K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$133,160
Cap Rate 7%
$95,114
Cap Rate 9%
$73,978
Alternative Uses
Best Use
Retail
$95.1K
$83.2K – $111.0K
NOI $6,658 @ 7.0% cap · market cap 3.35%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$176.8K
$154.7K – $206.3K
NOI $12,376 @ 7.0% cap · market cap 6.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
399
Businesses Nearby
19k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Zaxby's Chicken Fingers & Buffalo Wings
Dining
19,374 visits/mo
0.5 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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Commercially zoned storefront with an existing salon buildout, dedicated parking, and two restrooms.
Where is this retail space located?
The property is located at 1306 Maple Avenue SW Rome, GA.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: 1,067‑square‑foot retail property on a 0.15‑acre site; Existing salon layout with 4 styling chairs, 4 dryers, and 3 washing stations; 2 restrooms and an on‑site parking lot
