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All-Brick Flex Space with Roll-Up Door
For Sale
$299,000

4729 Alabama Highway NW, Rome, GA 30165

COMMERCIAL - Rome, GA

Property Size3,346 SF
Lot Size1.00 Acre
Price / SF$89.36
Days on Market162

Property Features for 4729 Alabama Highway NW

General Information

Property type Commercial Sale
Property subtype Other
Fencing Chain Link, Fenced
Lot features City Lot, Corner Lot, Level
Directions From SR-1 Loop, turn onto Shorter Avenue, Then Left onto Oreburg Rd SW. Go 4.9 miles, then turn right. Destination is on our left.
Standard status Active
APN F13Y 198
Size 3,346 SF
Lot size 1.00 Acre

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 1307

Utilities

Utilities Water Available
Sewer type Public Sewer
Water source Public

Building Details

Year built 1965
Flooring type Concrete
Building materials Brick
Roof type Composition
Listing Agency: Hardy Realty & Development Company
Listed By: Lori Walker Davidson
Added: Feb 20 Changed: Aug 1 Last Checked: Aug 1 at 1:06PM
MLS# 10696033

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.

Investment Insights

Based on property information with market context.

This all-brick flex space offers approximately 3,346 square feet of functional area on a fenced 1-acre corner lot. The building includes one roll-up door for loading or delivery, concrete flooring, and composition roofing. Inside, there are large open areas that can be configured for retail, office, warehouse, or workspace uses, along with two restrooms.

The property is located at 4729 Alabama Highway NW in Rome, GA 30165. It also features chain-link fencing and paved parking to support day-to-day access for customers, employees, and deliveries. Public water and public sewer service are available.

Built in 1965, this versatile site is well-suited for an owner-user or investment approach where flexible interior planning and outdoor staging matter.

Key Highlights

  • 3,346 SF flex space with large open areas
  • Fenced 1‑acre corner lot with paved parking
  • One roll‑up door for loading or delivery

Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $31.7k $9.48
− Vacancy −$2.8k −$0.84
EGI $28.9k $8.64
− OpEx −$4.3k −$1.30
NOI $24.6k $7.34
3,346 SF · lease $9.48/SF/yr · vacancy 8.90% · expense 15.00%

Alternative Uses

Best Use
Flex RnD
$433.4K
$379.3K – $505.7K (±1% cap)
NOI $30,340 @ 7.0% cap · market cap 10.15%
Second Best
Warehouse
$350.9K
$307.0K – $409.4K (±1% cap)
NOI $24,562 @ 7.0% cap · market cap 8.21%
Theoretical Best
Healthcare Medical
$554.4K
$485.1K – $646.9K (±1% cap)
NOI $38,811 @ 7.0% cap · market cap 12.98%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Kens Antiques and Auction Home Decor Store

Suggested Use

Top Pick Building Supply Electrical Service Storage Facility Catering Service Garden Center Big Box & Wholesale Store

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

Lease Details

Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

48
Businesses Nearby
Well-served
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

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Helecia's Dinners & Catering, LLC — 31 Fairhaven Dr NW, Rome, GA 30165

Frequently Asked Questions

What type of property is this?
Flex space - Flex space on a fenced corner lot with paved parking, one roll-up door, and two restrooms.
Where is this flex space located?
The property is located at 4729 Alabama Highway NW Rome, GA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 3,346 SF flex space with large open areas; Fenced 1‑acre corner lot with paved parking; One roll‑up door for loading or delivery
More about this property
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