Operating Convenience
306 E 14th Street SW, Rome, GA 30161
For Sale
$499,000
Commercial Sale, Rome, GA
Property Size3,618 SF
Lot Size0.35 Acres
Price / SF$137.92
Days on Market31
Property Features for 306 E 14th Street SW
General Information
Property type
Property subtype
Parking features
Lot features
Directions
Standard status
APN
Size
Lot size
Tenancy & Operations
Currently Operating
Business Included
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Building materials
Listing Agency:
Hardy Realty & Development Company
(706) 291-4321
Listed By:
Larry E Cagle · License GA #138923
(706) 266-2359
Added: Oct 15
Changed: Nov 13
Last Checked: Nov 14 at 2:06AM
MLS# 10873075
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.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property is an operating convenience store with 3,618 square feet of building area on a combined 0.35-acre site. The offering includes the business, buildings, and land across three parcels; inventory is not part of the sale. The store was recently refurbished and may also be leased.
Built in 1940, the building has block construction, natural gas heating, and electric cooling. Public water and sewer serve the property, cable is available, and parking is on street.
Built in 1940, the building has block construction, natural gas heating, and electric cooling. Public water and sewer serve the property, cable is available, and parking is on street.
Key Highlights
- Three parcels offered together with the store business, buildings, and land
- 3,618 square feet of building area on 0.35 acres
- Convenience store was recently refurbished and is operating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,843
Cap Rate
7.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$796,860
$796.9K
Cap Rate 7%
$569,186
$569.2K
Cap Rate 9%
$442,700
$442.7K
Market Conditions
NOI Build-Up for 3,618 SF
Gross rent
$57.7K $15.96/SF
− Vacancy
−$4.6K −$1.28/SF
EGI
$53.1K $14.68/SF
− OpEx
−$13.3K −$3.67/SF
NOI
$39.8K $11.01/SF
Area
Floyd County, GA
Vacancy
8.00%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$796,860
Cap Rate 7%
$569,186
Cap Rate 9%
$442,700
Alternative Uses
Best Use
Specialty Retail
$569.2K
$498.0K – $664.1K
NOI $39,843 @ 7.0% cap · market cap 7.98%
Second Best
Retail
$322.5K
$282.2K – $376.3K
NOI $22,576 @ 7.0% cap · market cap 4.52%
Theoretical Best
Healthcare Medical
$599.5K
$524.6K – $699.4K
NOI $41,966 @ 7.0% cap · market cap 8.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
318
Businesses Nearby
25k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
10,612 visits/mo
0.5 miles
Dollar Tree
Shops & Services
8,813 visits/mo
0.4 miles
BP
Shops & Services
3,319 visits/mo
0.4 miles
O'Reilly Auto Parts
Shops & Services
1,944 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- LUCKY'S FOOD MART — 107 E 12th St SE, Rome, GA 30161
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - The package combines a retail business with its real estate across three parcels, with inventory excluded from the sale.
Where is this grocery and convenience store located?
The property is located at 306 E 14th Street SW Rome, GA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Three parcels offered together with the store business, buildings, and land; 3,618 square feet of building area on 0.35 acres; Convenience store was recently refurbished and is operating
