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    406 N Piedmont Avenue Rockmart, GA 30153

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    Claim this Listing
    For Sale
    $550,000

    COMMERCIAL - Rockmart, GA

    Property size:
    2,078 SF
    Lot size:
    0.20 Acres
    Price / SF:
    $264/SF
    Added:
    Mar 7, 2026
    Days on Market:
    57
    Last Refresh:
    May 3 at 2:06 pm

    Property Features for 406 N Piedmont Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    COMM
    Parking
    25
    Parking features
    Parking Lot
    Security features
    Security Lighting
    Window features
    Insulated Windows, Wood Frames, Window Treatments
    Interior features
    Reception Area, Restrooms
    Accessibility
    Accessible Approach with Ramp
    Standard status
    Active
    APN
    R20 074A
    Size
    2,078 SF
    Lot size
    0.20 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    2034

    Utilities

    Utilities
    Cable Available
    Heating system
    Heat Pump (Heating), Central
    Cooling system
    Central Air, Window Unit(s)

    Building Details

    Year built
    1985
    Floors in Building
    1
    Flooring type
    Vinyl, Wood, Concrete, Hardwood
    Building materials
    HardiPlank Type, Lap Siding
    Roof type
    Asphalt
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Jon Sisson

    Listing agent Jon Sisson

    Listing office Realty One Group Edge 790 Market St., Woodstock, GA

    Listing date Mar 7, 2026

    MLS# 7731206

    Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Unique Restaurant Property with Dining Caboose

    Located at 406 N Piedmont Avenue in Rockmart, this restaurant property combines historic charm with modern upgrades. Situated along one of the city's main corridors, the property benefits from visibility and accessibility within a growing community with interest in dining and entertainment. From 2023 to 2024, the restaurant underwent improvements to enhance functionality and guest comfort. Infrastructure updates include a new air conditioning system with a new thermostat and an upgraded plumbing system with new toilets, drains, and sinks. The outdoor spaces feature a newly built front deck and back deck, complemented by big screen TVs and outdoor heaters. Additional improvements include new ceiling fans and new exterior storage. The kitchen features a new commercial kitchen hood and semi-new kitchen equipment installed during the 2023-2024 renovation period. A unique feature is an authentic railroad caboose, which serves as part of the dining experience. The real caboose adds character and creates a memorable setting for guests, tying into the railroad heritage of Rockmart. Situated in the heart of Rockmart, the restaurant benefits from increasing local activity and interest in unique dining destinations. The property is a one-of-a-kind restaurant location in this Northwest Georgia community.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    El Coyote Mexican ... Restaurant

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rockmart
    County
    Polk
    State
    Georgia
    Longitude
    -85.041055
    Latitude
    34.000081

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    FAQs

    What type of property is this?
    Conventional restaurant - Restaurant with modern upgrades, outdoor seating, and a dining caboose.
    Where is this conventional restaurant located?
    The property is located at 406 N Piedmont Avenue Rockmart, GA.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: Unique dining experience in an authentic railroad caboose; Extensive renovations completed between 2023‑2024, including new HVAC, plumbing, and kitchen upgrades; Expanded outdoor dining space with new front and back deck, big screen TVs, and outdoor heaters
    (678) 909-7709
    We can help!
    Listing Contact
    Jon Sisson
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    406 N Piedmont Avenue, Rockmart, GA 30153

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