Building Details

Year Built 2000

Listing Agency: Stephenson Realty

Listed By: Jay Stephenson · License #408148 Show Phone

Source: Broadandmainrealestate

Added: Jul 20 Changed: Oct 2 Last Checked: Oct 7 at 4:18PM

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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 Stephenson Realty

Investment Insights

Based on property information with market context.

This 6,808-square-foot rehabilitation center was constructed in 2000 and has received improvements from the current tenant. The property is scheduled to become available for occupancy on November 1, 2026.

Located at 208 NW Redmond Rd in Rome, Georgia, the facility offers an established healthcare-oriented building for continued rehabilitation center use.

Key Highlights

• 6,808‑square‑foot rehabilitation center
• Improvements completed by the current tenant
• Available for occupancy November 1, 2026

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$78,967

Cap Rate

5.85%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,579,340 $1.6M

Cap Rate 7%

$1,128,100 $1.1M

Cap Rate 9%

$877,411 $877.4K

Market Conditions

NOI Build-Up for 6,808 SF

Gross rent

$147.1K $21.60/SF

− Vacancy

−$15.4K −$2.27/SF

EGI

$131.6K $19.33/SF

− OpEx

−$52.6K −$7.73/SF

NOI

$79.0K $11.60/SF

Area

Floyd County, GA

Vacancy

10.50%

Lease Rate

$21.60 /SF/Yr

Expense Ratio

40.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,579,340

Cap Rate 7%

$1,128,100

Cap Rate 9%

$877,411

Alternative Uses

Best Use

Healthcare Medical

$1.13M

$987.1K – $1.32M (±1% cap)

NOI $78,967 @ 7.0% cap · market cap 5.85%

Second Best

—

—

no second resolved use

Theoretical Best

—

—

same as Best Use

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Mack Burt, DC Alternative Medicine Practice Chris Nelson, DC Alternative Medicine Practice Harbin Clinic Physical ... Alternative Medicine Practice William H. Hudgins, ... Physician William F Hunter, ... Alternative Medicine Practice

Suggested Use

Top Pick Grocery & Convenience Store Parking Lot & Garage Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Carpet & Flooring Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,041

Businesses Nearby

Explore this area Business Placement

Demographics for 30165, GA

41,943

Population

17,159

Households

2.4

Avg Household Size

36

Median Age

26%

College-Educated

83%

High-School Grad

167.0 sq mi

ZIP Area

251

Density / Sq Mi

$63,915

Median Household Income

$35,637

Median Earnings

$949

Median Rent

$209,500

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this rehabilitation centers located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Rehabilitation center - Improved healthcare facility scheduled for occupancy beginning November 1, 2026.

Where is this rehabilitation center located?

The property is located at 208 NW Redmond Rd Rome, GA.

What is the asking price?

The asking price for this property is $1,350,000.

What are key features of this property?

This property features: 6,808‑square‑foot rehabilitation center; Improvements completed by the current tenant; Available for occupancy November 1, 2026