Three-Unit Manufacturing
For Sale
$3,100,000
90 East Callahan St, Rome, GA 30161
L-I-zoned industrial facility with flexible space for manufacturing, warehousing, and related operations.
Property Size46,000 SF
Price / SF$67.39
Days on Market230
Property Features for 90 East Callahan St
General Information
Standard status
Active
Size
46,000 SF
Property subtype
Factory
Zoning
L-I
Building Details
Building Size
46,000 SF
Year Built
1950
Buildings
1
Listing Agency:
KW Commercial
Listed By:
Rocky Kaufmann · License #248712
(770) 992-3356
Source:
Thebrokerlist
Added: Feb 18
Changed: Oct 2
Last Checked: Oct 5 at 3:00PM
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 KW Commercial
Investment Insights
Based on property information with market context.
This industrial property contains a 46,000-square-foot building arranged across three units. Constructed in 1950, the facility is described as well maintained and offers space configured for manufacturing, warehousing, or other industrial operations. The L-I zoning designation supports its industrial positioning.
The property is located at 90 East Callahan St in Rome, Georgia. The surrounding area includes the Rome-Floyd Eco-Industrial Park and Northwest Georgia College and Career Academy, providing nearby industrial and workforce-development resources. Local amenities and services are also identified in the surrounding community.
The property is located at 90 East Callahan St in Rome, Georgia. The surrounding area includes the Rome-Floyd Eco-Industrial Park and Northwest Georgia College and Career Academy, providing nearby industrial and workforce-development resources. Local amenities and services are also identified in the surrounding community.
Key Highlights
- 46,000‑square‑foot industrial building
- Three‑unit configuration supports multiple operations or occupants
- L‑I zoning designation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$280,225
Cap Rate
9.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,604,500
$5.6M
Cap Rate 7%
$4,003,214
$4.0M
Cap Rate 9%
$3,113,611
$3.1M
Market Conditions
NOI Build-Up for 46,000 SF
Gross rent
$436.1K $9.48/SF
− Vacancy
−$35.8K −$0.78/SF
EGI
$400.3K $8.70/SF
− OpEx
−$120.1K −$2.61/SF
NOI
$280.2K $6.09/SF
Area
Floyd County, GA
Vacancy
8.20%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,604,500
Cap Rate 7%
$4,003,214
Cap Rate 9%
$3,113,611
Alternative Uses
Best Use
Warehouse
$4.82M
$4.22M – $5.63M
NOI $337,679 @ 7.0% cap · market cap 10.89%
Second Best
Industrial
$4.00M
$3.50M – $4.67M
NOI $280,225 @ 7.0% cap · market cap 9.04%
Theoretical Best
Healthcare Medical
$7.62M
$6.67M – $8.89M
NOI $533,563 @ 7.0% cap · market cap 17.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
387
Businesses Nearby
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Manufacturing property - L-I-zoned industrial facility with flexible space for manufacturing, warehousing, and related operations.
Where is this manufacturing property located?
The property is located at 90 East Callahan St Rome, GA.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: 46,000‑square‑foot industrial building; Three‑unit configuration supports multiple operations or occupants; L‑I zoning designation
