Medical Office Building with
315 W 10th Street NE, Rome, GA 30165
For Sale
$2,900,000
Commercial Sale, Rome, GA
Property Size18,768 SF
Lot Size1.78 Acres
Price / SF$154.52
Days on Market89
Property Features for 315 W 10th Street NE
General Information
Property type
Property subtype
Parking features
Lot features
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Property Use
Medical Specialty
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
Buildings
Listing Agency:
Toles, Temple & Wright, Inc.
(706) 291-0202
Listed By:
Dan Carlton · License GA #165603
(706) 346-3970
Added: Aug 18
Changed: Nov 14
Last Checked: Nov 14 at 2:06AM
MLS# 10831696
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 18,768-square-foot medical office building, constructed in 1990, has 14,586 square feet on the first floor and 4,182 square feet on the second. Fresenius Kidney Care Rome occupies 7,702 square feet on the first floor; the other 6,884 square feet on that level is available for lease or owner occupancy. The second floor is vacant and accessed from the rear. An elevator serves the upper level, and the layout includes exam rooms, offices, and reception areas. The configuration can accommodate up to two additional tenants. A separate 3,600-square-foot warehouse is also leased.
The property occupies a 1.78-acre paved site with 62 parking spaces in Rome, Georgia. It lies between Martha Berry Boulevard and Turner McCall Boulevard, three blocks from Atrium Health Floyd Medical Center, and near professional services.
The property occupies a 1.78-acre paved site with 62 parking spaces in Rome, Georgia. It lies between Martha Berry Boulevard and Turner McCall Boulevard, three blocks from Atrium Health Floyd Medical Center, and near professional services.
Key Highlights
- 18,768‑square‑foot medical office building with 14,586 square feet on the first floor and 4,182 square feet upstairs
- Fresenius Kidney Care Rome leases 7,702 square feet; another 6,884 square feet on the first floor is available
- Vacant second floor has rear access and elevator service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$217,694
Cap Rate
7.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,353,880
$4.4M
Cap Rate 7%
$3,109,914
$3.1M
Cap Rate 9%
$2,418,822
$2.4M
Market Conditions
NOI Build-Up for 18,768 SF
Gross rent
$405.4K $21.60/SF
− Vacancy
−$42.6K −$2.27/SF
EGI
$362.8K $19.33/SF
− OpEx
−$145.1K −$7.73/SF
NOI
$217.7K $11.60/SF
Area
Floyd County, GA
Vacancy
10.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,353,880
Cap Rate 7%
$3,109,914
Cap Rate 9%
$2,418,822
Alternative Uses
Best Use
Healthcare Medical
$3.11M
$2.72M – $3.63M
NOI $217,694 @ 7.0% cap · market cap 7.51%
Second Best
Office B
$2.20M
$1.93M – $2.57M
NOI $154,149 @ 7.0% cap · market cap 5.32%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,476
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 30165, GA
41,943
Population
17,159
Households
2.4
Avg Household Size
36
Median Age
26%
College-Educated
83%
High-School Grad
167.0 sq mi
ZIP Area
251
Density / Sq Mi
$63,915
Median Household Income
$35,637
Median Earnings
$949
Median Rent
$209,500
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - An existing kidney-care tenant occupies part of the first floor, while other areas offer lease or owner-occupancy options.
Where is this medical office space located?
The property is located at 315 W 10th Street NE Rome, GA.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 18,768‑square‑foot medical office building with 14,586 square feet on the first floor and 4,182 square feet upstairs; Fresenius Kidney Care Rome leases 7,702 square feet; another 6,884 square feet on the first floor is available; Vacant second floor has rear access and elevator service
