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Medical Office Building with Elevator
For Sale
$2,900,000

315 W 10th St, Rome, GA 30165

Flexible clinical layout includes exam rooms, reception areas, and offices for medical or professional occupancy.

Property Size18,768 SF
Lot Size1.78 Acres
Price / SF$154.52
Days on Market75

Property Features for 315 W 10th St

General Information

Standard status Active
Size 18,768 SF
Total Parking Spaces 62
Elevators Yes
Lot size 1.78 Acres
Property subtype Commercial

Building Details

Year Built 1990
Buildings 2
Stories 2
Building Size 18,768 SF
Listing Agency: Toles, Temple & Wright, Inc.
Listed By: Dan Carlton · License #165603
Source: Newhomesinmetroatlanta
Added: Jul 31 Changed: Oct 1 Last Checked: Oct 12 at 8:27PM

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 Toles, Temple & Wright, Inc.

Investment Insights

Based on property information with market context.

Built in 1990, this 18,768 SF medical office building provides a multi-level configuration suited to clinical and professional operations. The 14,586 SF first floor contains exam rooms, offices, reception areas, and other medical-oriented spaces. Fresenius Kidney Care Rome leases 7,702 SF, while 6,884 SF remains available for lease or owner occupancy. A 4,182 SF second floor is vacant and has rear access, with elevator service connecting the levels. The layout can accommodate up to two additional tenants.

A separate 3,600 SF warehouse is also leased as part of the property. The improvements sit on a 1.78-acre paved lot with 62 parking spaces at 315 W 10th St in Rome, between Martha Berry Blvd and Turner McCall Blvd. Atrium Health Floyd Medical Center is three blocks away, placing the property within an established healthcare setting.

Key Highlights

  • 18,768 SF medical office building with 14,586 SF first floor and 4,182 SF second floor
  • 7,702 SF leased to Fresenius Kidney Care Rome; 6,884 SF available on the first floor
  • 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 (±1% cap)
NOI $217,694 @ 7.0% cap · market cap 7.51%
Second Best
Office B
$2.20M
$1.93M – $2.57M (±1% cap)
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. How Realmo checks its estimates

Property Analytics

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Current Use

Medeasy Inc (Bike/Boat/Book/etc) Store Fresenius Kidney Care ... Medical Clinic Reliable Health Care ... Home Health Care Service North Georgia Nephrology ... Medical Clinic Dr. Hamid R. ... Physician

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Veterinary Clinic Home Appliance Store Garden Center Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,476
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Flexible clinical layout includes exam rooms, reception areas, and offices for medical or professional occupancy.
Where is this medical office space located?
The property is located at 315 W 10th St 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 SF medical office building with 14,586 SF first floor and 4,182 SF second floor; 7,702 SF leased to Fresenius Kidney Care Rome; 6,884 SF available on the first floor; Vacant second floor has rear access and elevator service
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