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Commercial Land with Existing Building
New
For Sale
$650,000

5561 New Calhoun Highway NE, Rome, GA 30161

COMMERCIAL - Rome, GA

Property Size5,434 SF
Lot Size6.93 Acres
Price / SF$119.62
Days on Market2

Property Features for 5561 New Calhoun Highway NE

General Information

Property type Commercial Sale
Property subtype Other
Lot features Semi Turning Available
Directions GPS
Standard status Active
APN M11X 006
Size 5,434 SF
Lot size 6.93 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 6122

Utilities

Utilities Water Available
Sewer type Septic Tank
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 2001
Building materials Steel Siding
Listing Agency: Keller Williams Realty First Atlanta
Listed By: Angie W Ponsell · License #238030
Added: Aug 5 Last Checked: Aug 6 at 7:06AM
MLS# 10819725

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 6.93-acre commercial land property includes a 5,434-square-foot existing building constructed in 2001. The structure has steel siding, central heating, and central air. The site is identified with C-C (Community Commercial) zoning and includes available public water, with septic tank service serving the property.

The property is located at 5561 New Calhoun Highway NE in Rome, Georgia, with access to major transportation routes. Listed commercial applications include retail, contractor operations, automotive, office, service businesses, equipment sales, wholesale, and religious assembly. The site also provides area for parking and outdoor storage.

Key Highlights

  • 6.93‑acre commercial land site
  • 5,434 SF existing building
  • C‑C (Community Commercial) zoning

Financial Insights For Retail

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 $54.1k $9.96
− Vacancy −$5.7k −$1.05
EGI $48.4k $8.91
− OpEx −$14.5k −$2.67
NOI $33.9k $6.24
5,434 SF · lease $9.96/SF/yr · vacancy 10.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$484.4K
$423.9K – $565.1K (±1% cap)
NOI $33,908 @ 7.0% cap · market cap 5.22%
Second Best
no second resolved use
Theoretical Best
Healthcare Medical
$900.4K
$787.9K – $1.05M (±1% cap)
NOI $63,030 @ 7.0% cap · market cap 9.70%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Frisky Biscuit (Bike/Boat/Book/etc) Store The Frisky Biscuit Couples ... (Bike/Boat/Book/etc) Store Entice Movies & Novelties Discount Store

Suggested Use

Top Pick Auto Parts Store Storage Facility Garden Center Furniture & Home Goods Real Estate Agency Carpet & Flooring 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.

Location Intelligence

Trade Area within ½ mile

128
Businesses Nearby
1k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Greenway Chrysler Dodge Jeep Ram of Rome Shops & Services
1,384 visits/mo 0.4 miles

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

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - C-C zoning accompanies an existing building and available public water service.
Where is this commercial land located?
The property is located at 5561 New Calhoun Highway NE Rome, GA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 6.93‑acre commercial land site; 5,434 SF existing building; C‑C (Community Commercial) zoning
More about this property
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