Flex Warehouse on Corner
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 Market161
Property Features for 4729 Alabama Highway NW
General Information
Property type
Commercial Sale
Property subtype
Other
Fencing
Fenced, Chain Link
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
(706) 291-4321
Listed By:
Lori Walker Davidson
(706) 766-7463
Added: Feb 20
Changed: Jul 28
Last Checked: Jul 31 at 11:06PM
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.
Versatile all-brick flex warehouse totaling approximately 3,400 square feet, built on a fenced 1-acre corner lot with paved parking. The building includes one roll-up door for loading or delivery, along with large open interior areas that can be adapted for multiple commercial needs. Two restrooms are also provided for convenience.
The property is positioned for visibility along a busy highway, supporting a range of customer-facing and operational uses. On-site outdoor space and ample parking further support day-to-day access and deliveries.
With a straightforward, open layout and practical access features, this is well-suited for an owner-user or investor seeking flexible indoor space on an improved corner parcel.
The property is positioned for visibility along a busy highway, supporting a range of customer-facing and operational uses. On-site outdoor space and ample parking further support day-to-day access and deliveries.
With a straightforward, open layout and practical access features, this is well-suited for an owner-user or investor seeking flexible indoor space on an improved corner parcel.
Key Highlights
- Approximately 3,400 SF commercial building on a fenced 1‑acre corner lot with paved parking
- All‑brick construction with concrete flooring and a composition roof
- 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
NOI $30,340 @ 7.0% cap · market cap 10.15%
Second Best
Warehouse
$350.9K
$307.0K – $409.4K
NOI $24,562 @ 7.0% cap · market cap 8.21%
Theoretical Best
Healthcare Medical
$554.4K
$485.1K – $646.9K
NOI $38,811 @ 7.0% cap · market cap 12.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
48
Businesses Nearby
Well-served
Demand for This Use
Explore this area
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
Market
Vacancy Rate% for Industrial in South region
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 - All-brick flex warehouse with one roll-up door, paved parking, and a fenced corner lot.
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: Approximately 3,400 SF commercial building on a fenced 1‑acre corner lot with paved parking; All‑brick construction with concrete flooring and a composition roof; One roll‑up door for loading or delivery
