Renovated Commercial Property in
For Sale
Contact for pricing
2113 Maple Street, Rome, GA 30161
Prime commercial property with high visibility and flexible floor plan.
Property Size900 SF
Price / SF$149.89
Days on Market359
Property Features for 2113 Maple Street
General Information
Standard status
Active
Size
900 SF
Property subtype
Office, Retail
Zoning
C-C
Building Details
Year Built
1969
Listing Agency:
National Land Realty
(303) 358-4204
Listed By:
Matthew Behr · License #444374
Source:
Crexi
Added: Aug 18, 2025
Changed: Aug 8
Last Checked: Aug 8 at 6:40AM
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 National Land Realty
Investment Insights
Based on property information with market context.
This renovated commercial property is located directly off the Maple Avenue exit from Highway 411, offering convenient access and high-traffic visibility. It is situated less than five minutes from downtown Rome and a 20-minute drive to I-75 through Cartersville. The building has undergone a complete renovation, featuring solid cement block construction, a brick front, a new roof, modern flooring, energy-efficient windows, and fresh paint. The property offers a flexible floor plan that can be reconfigured to accommodate various business needs, such as a retail storefront, professional office, workshop, creative studio, or live-work residence. The current layout includes a front room, a side room, a kitchen area, a bathroom, and a laundry room. The property provides ample parking for clients and employees in the front and side areas. Additional space behind the building allows for a storage shed, garden, or patio area. The property is located in a market experiencing strong growth, driven by economic development in Rome and Floyd County. The 900 square foot property was last used as a hair salon.
Key Highlights
- Prime location directly off Highway 411 with high‑traffic visibility and easy access to downtown Rome and I‑75.
- Fully renovated building** with new roof, modern flooring, energy‑efficient windows, and fresh paint, requiring no immediate work.
- Flexible floor plan with easily reconfigurable interior walls to suit various business needs (retail, office, workshop, studio, live‑work).
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
$7,392
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
5.48%
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%
$147,840
$147.8K
Cap Rate 7%
$105,600
$105.6K
Cap Rate 9%
$82,133
$82.1K
Market Conditions
NOI Build-Up for 900 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
$12.6K $14.04/SF
− Vacancy
−$2.8K −$3.09/SF
EGI
$9.9K $10.95/SF
− OpEx
−$2.5K −$2.74/SF
NOI
$7.4K $8.21/SF
Area
Floyd County, GA
Vacancy
22.00%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
25.00%
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%
$147,840
Cap Rate 7%
$105,600
Cap Rate 9%
$82,133
Alternative Uses
Best Use
Office B
$105.6K
$92.4K – $123.2K
NOI $7,392 @ 7.0% cap · market cap 5.48%
Second Best
Retail
$80.2K
$70.2K – $93.6K
NOI $5,616 @ 7.0% cap · market cap 4.16%
Theoretical Best
Healthcare Medical
$149.1K
$130.5K – $174.0K
NOI $10,439 @ 7.0% cap · market cap 7.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
452
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 Office in South region
Questions? Ask Rey
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Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Storefront property - Prime commercial property with high visibility and flexible floor plan.
Where is this storefront property located?
The property is located at 2113 Maple Street Rome, GA.
What is the asking price?
The asking price for this property is $134,900.
What are key features of this property?
This property features: Prime location directly off Highway 411 with high‑traffic visibility and easy access to downtown Rome and I‑75.; Fully renovated building** with new roof, modern flooring, energy‑efficient windows, and fresh paint, requiring no immediate work.; Flexible floor plan with easily reconfigurable interior walls to suit various business needs (retail, office, workshop, studio, live‑work).
