Office Unit With Conference
For Sale
$379,000
306 Glen Milner Boulevard, Rome, GA 30161
Four private offices are complemented by two bathrooms and a kitchenette.
Property Size1,957 SF
Days on Market8
Property Features for 306 Glen Milner Boulevard
General Information
Standard status
Active
Size
1,957 SF
Property subtype
Commercial
Additional Details
Property Use
Office
Amenities
community conference room
kitchenette
0.35 acres, City Lot
Fenced, Partial
Public Sewer
Parcel Number: J14F 095, Annual Amount: $5,001.53, Year: 2025
Central Air
Central
Listing ID: 10879270, Standard Status: Active, MLS Status: New, On market as of 2026-10-26, 5 days on market
Paved
Built in 1957, Construction Materials: Brick, Glass
County/Parish: Floyd
Resale
Electricity Available, High Speed Internet, Natural Gas Available, Sewer Available, Water Source: Public
Close Of Escrow
Building Details
Building Size
1,957 SF
Year Built
1957
Year Renovated
2025
Buildings
1
Listing Agency:
Keller Williams Northwest
(706) 235-1515
Listed By:
Colin Cates · License #388699
(706) 767-3852
Source:
Blackstreaminternational
Added: Oct 26
Changed: Nov 1
Last Checked: Nov 1 at 4:55AM
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 Keller Williams Northwest
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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 Rome office property contains four private offices and a shared conference room, along with two bathrooms and a kitchenette. A parking area extends along the building, and a gated lot is located behind it.
At 306 Glen Milner Boulevard, the property is close to downtown Rome. The building dates to 1957, with a roof replacement in 2023 and HVAC installed in 2025.
At 306 Glen Milner Boulevard, the property is close to downtown Rome. The building dates to 1957, with a roof replacement in 2023 and HVAC installed in 2025.
Key Highlights
- Four private office spaces and a large shared conference room
- Two bathrooms and a kitchenette
- Parking lot runs alongside the building, with an additional gated lot at the rear
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,074
Cap Rate
4.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$321,480
$321.5K
Cap Rate 7%
$229,629
$229.6K
Cap Rate 9%
$178,600
$178.6K
Market Conditions
NOI Build-Up for 1,957 SF
Gross rent
$27.5K $14.04/SF
− Vacancy
−$6.0K −$3.09/SF
EGI
$21.4K $10.95/SF
− OpEx
−$5.4K −$2.74/SF
NOI
$16.1K $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%
$321,480
Cap Rate 7%
$229,629
Cap Rate 9%
$178,600
Alternative Uses
Best Use
Office B
$229.6K
$200.9K – $267.9K
NOI $16,074 @ 7.0% cap · market cap 4.24%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$324.3K
$283.8K – $378.3K
NOI $22,700 @ 7.0% cap · market cap 5.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,570
Businesses Nearby
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
Frequently Asked Questions
What type of property is this?
Office unit - Four private offices are complemented by two bathrooms and a kitchenette.
Where is this office unit 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 office spaces and a large shared conference room; Two bathrooms and a kitchenette; Parking lot runs alongside the building, with an additional gated lot at the rear
