Office Building with Level
3041 Martha Berry Hwy Nw Rome, GA 30165
For Sale
$449,000
Single-owner office property with four offices, storage, and kitchenette on a level one-acre lot.
Property Size1,728 SF
Lot Size1.00 Acre
Price / SF$259.84
Days on Market89
Property Features for 3041 Martha Berry Hwy Nw
General Information
Standard status
Active
Size
1,728 SF
Lot size
1.00 Acre
Listing Agency:
Reese and Smallwood, Inc.
(706) 346-8879
Listed By:
Mary Holcomb · License #150061
(706) 346-8879
Source:
Exprealty
Added: May 2
Changed: Jul 10
Last Checked: Jul 26 at 4:38PM
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 Reese and Smallwood, Inc.
Investment Insights
Based on property information with market context.
This for-sale office building is configured with four private offices, two storage rooms, two bathrooms, and a kitchenette. One of the storage rooms could be used as an additional office, giving flexibility to the tenant or buyer’s layout needs. The property has been owner-occupied as a tax office for 68 years.
The building is located at 3041 Martha Berry Hwy NW in Rome, GA, on a level one-acre lot.
With its multiple office rooms and secondary storage area, the space can support additional office use or a retail establishment, depending on how the rooms are reconfigured. The seller also notes the level lot and overall site size could work for uses such as a bank branch or a quick-service restaurant, subject to applicable approvals.
The building is located at 3041 Martha Berry Hwy NW in Rome, GA, on a level one-acre lot.
With its multiple office rooms and secondary storage area, the space can support additional office use or a retail establishment, depending on how the rooms are reconfigured. The seller also notes the level lot and overall site size could work for uses such as a bank branch or a quick-service restaurant, subject to applicable approvals.
Key Highlights
- Single‑owner office property with 4 offices, 2 storage rooms, 2 bathrooms, and a kitchenette
- Storage room could potentially be used as an additional fifth office
- 1‑acre, level lot suited for office or retail uses
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.6k | $15.96 |
| − Vacancy | −$2.2k | −$1.28 |
| EGI | $25.4k | $14.68 |
| − OpEx | −$6.3k | −$3.67 |
| NOI | $19.0k | $11.01 |
1,728 SF · lease $15.96/SF/yr · vacancy 8.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$271.8K
$237.9K – $317.2K
NOI $19,029 @ 7.0% cap · market cap 4.24%
Second Best
Office B
$202.8K
$177.4K – $236.6K
NOI $14,193 @ 7.0% cap · market cap 3.16%
Theoretical Best
Healthcare Medical
$286.3K
$250.5K – $334.1K
NOI $20,043 @ 7.0% cap · market cap 4.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Single-owner office property with four offices, storage, and kitchenette on a level one-acre lot.
Where is this office units located?
The property is located at 3041 Martha Berry Hwy Nw Rome, GA.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Single‑owner office property with 4 offices, 2 storage rooms, 2 bathrooms, and a kitchenette; Storage room could potentially be used as an additional fifth office; 1‑acre, level lot suited for office or retail uses
