Office Building with Conference
New
For Sale
$379,000
306 Glen Milner Boulevard, Rome, GA 30161
Commercial Sale, Rome, GA
Property Size2,651 SF
Lot Size0.35 Acres
Price / SF$142.96
Days on Market2
Property Features for 306 Glen Milner Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Fencing
Fenced
Lot features
City Lot
Directions
Turn by red light at Glen Milner and it will be on your right across from Georgia Highlands building.
Standard status
Active
APN
J14F 095
Size
2,651 SF
Lot size
0.35 Acres
Additional Details
Property Use
Office
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5002
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
community conference room
kitchenette
Building Details
Year built
1957
Building materials
Brick, Glass
Listing Agency:
Keller Williams Northwest · Keller Williams Realty
(706) 235-1515
Listed By:
Colin Cates
(706) 767-3852
Added: Oct 26
Last Checked: Oct 27 at 3:06AM
MLS# 10879270
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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Investment Insights
Based on property information with market context.
The 2,651-square-foot office building contains four private offices and a shared conference room, along with two bathrooms and a kitchenette. Brick and glass construction dates to 1957. Central heating and air conditioning serve the property, with a new HVAC system installed in 2025 and a roof replacement completed in 2023.
Outdoor parking extends along the building, with an additional gated lot at the rear. The property occupies 0.35 acres near downtown Rome. Public water and sewer service the site, and natural gas is available.
Outdoor parking extends along the building, with an additional gated lot at the rear. The property occupies 0.35 acres near downtown Rome. Public water and sewer service the site, and natural gas is available.
Key Highlights
- Four private offices and a large shared conference room
- Two bathrooms and a kitchenette
- 2,651 square feet on 0.35 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,774
Cap Rate
5.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$435,480
$435.5K
Cap Rate 7%
$311,057
$311.1K
Cap Rate 9%
$241,933
$241.9K
Market Conditions
NOI Build-Up for 2,651 SF
Gross rent
$37.2K $14.04/SF
− Vacancy
−$8.2K −$3.09/SF
EGI
$29.0K $10.95/SF
− OpEx
−$7.3K −$2.74/SF
NOI
$21.8K $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 Rate 5%
$435,480
Cap Rate 7%
$311,057
Cap Rate 9%
$241,933
Alternative Uses
Best Use
Office B
$311.1K
$272.2K – $362.9K
NOI $21,774 @ 7.0% cap · market cap 5.75%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$439.3K
$384.4K – $512.5K
NOI $30,749 @ 7.0% cap · market cap 8.11%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,570
Businesses Nearby
Well-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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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- In Touch Computer Services Inc — 901 N Broad St #100, Rome, GA 30161
Frequently Asked Questions
What type of property is this?
Office space - Four private offices, two bathrooms, and a kitchenette support a multi-room professional layout.
Where is this office space located?
The property is located at 306 Glen Milner Boulevard Rome, GA.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: Four private offices and a large shared conference room; Two bathrooms and a kitchenette; 2,651 square feet on 0.35 acres
