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Renovated Cotton Warehouse Space
For Lease
$20 SF/Yr

500-314 E 1st Ave, Rome, GA 30161

Renovated cotton warehouse with buildout and a mix of concrete and wood floors.

Space SizeContact for details
Days on Market484

Property Features for 500-314 E 1st Ave

General Information

Standard status Active
Listing Agency: Hardy Realty & Development Company
Listed By: James M Kelley III · License #128793
Source: Exprealty
Added: Jul 8, 2025 Changed: Oct 26 Last Checked: Nov 1 at 6:59AM

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 Hardy Realty & Development Company

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Investment Insights

Based on property information with market context.

This renovated cotton warehouse includes an interior buildout and features wooden beams. The structure has tongue-and-groove roof decking, with some areas finished in concrete floors and other areas in wood floors.

The offering is for rental. Rents start at $20 per square foot, with tenant improvement allowance listed as $75.00 per square foot.

The space is configured as warehouse/industrial storage with interior improvements, suitable for tenants looking for a renovated shell with existing buildout elements.

Key Highlights

  • Renovated cotton warehouse with buildout
  • Rents start at $20 per square foot
  • Tenant improvement (TI) allowance of $75.00 per sq ft

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Home Appliance Store Florist Storage Facility Locksmith

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

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,092
Businesses Nearby
Under-served
Demand for This Use

Demographics for 30161, GA

35,382
Population
14,924
Households
2.4
Avg Household Size
41
Median Age
27%
College-Educated
85%
High-School Grad
143.3 sq mi
ZIP Area
247
Density / Sq Mi
$60,176
Median Household Income
$34,545
Median Earnings
$1,006
Median Rent
$185,000
Median Home Value

Market

Lease Benchmarks for Rome, GA

$15.36 /SF/Yr
Avg Asking Price
$5.5–$20 /SF/Yr
Price Range
73,597 SF
Avg Space Size

This space is priced 30% above the average of $15.36 /SF/Yr.

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

Similar Off Market Nearby

  • Rome Manufacturing Co. Cotton Merchants — 218 E 2nd Ave, Rome, GA 30161

Frequently Asked Questions

What type of property is this?
Warehouse - Renovated cotton warehouse with buildout and a mix of concrete and wood floors.
Where is this warehouse located?
The property is located at 500-314 E 1st Ave Rome, GA.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Renovated cotton warehouse with buildout; Rents start at $20 per square foot; Tenant improvement (TI) allowance of $75.00 per sq ft
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