Interconnected Office
For Sale
$4,950,000
800 Broad St, Rome, GA 30161
Two connected office buildings provide elevator access, private offices, open work areas, and covered parking.
Property Size43,000 SF
Lot Size1.58 Acres
Price / SF$115.12
Days on Market75
Property Features for 800 Broad St
General Information
Standard status
Active
Size
43,000 SF
Total Parking Spaces
119
Elevators
Yes
Lot size
1.58 Acres
Occupancy
90%
Additional Details
Road Access
Yes
Sprinkler System
Yes
Amenities
grand two-story foyer
Building Details
Year Built
1993
Buildings
2
Tenancy
Multi
Listing Agency:
Hardy Realty & Development Company
Listed By:
Ben Levy
(706) 291-4321
Source:
Broadandmainrealestate
Added: Aug 2
Changed: Oct 14
Last Checked: Oct 7 at 5:05PM
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
Investment Insights
Based on property information with market context.
Built in 1993, this 43,000-square-foot office complex occupies 1.58 acres at 800 Broad St in Rome, Georgia. The property comprises two interconnected, fully sprinklered buildings, each with an elevator. Interior configuration includes numerous private offices and larger open areas that can support cubicle layouts. One building features a two-story foyer, while the overall design accommodates professional, medical, and corporate uses.
The property is 90% leased and includes 119 parking spaces across two levels. Parking amenities include a secure, gated covered garage on the lower level. Approximately 4,400 square feet of suites remain available for lease, providing additional space within the existing office configuration.
The property is 90% leased and includes 119 parking spaces across two levels. Parking amenities include a secure, gated covered garage on the lower level. Approximately 4,400 square feet of suites remain available for lease, providing additional space within the existing office configuration.
Key Highlights
- 43,000 square feet on 1.58 acres
- Two interconnected, fully sprinklered office buildings, each with an elevator
- 90% leased with long‑term, established tenants
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$353,176
Cap Rate
7.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,063,520
$7.1M
Cap Rate 7%
$5,045,371
$5.0M
Cap Rate 9%
$3,924,178
$3.9M
Market Conditions
NOI Build-Up for 43,000 SF
Gross rent
$603.7K $14.04/SF
− Vacancy
−$132.8K −$3.09/SF
EGI
$470.9K $10.95/SF
− OpEx
−$117.7K −$2.74/SF
NOI
$353.2K $8.21/SF
Area
Floyd County, GA
Vacancy
22.00%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,063,520
Cap Rate 7%
$5,045,371
Cap Rate 9%
$3,924,178
Alternative Uses
Best Use
Office B
$5.05M
$4.41M – $5.89M
NOI $353,176 @ 7.0% cap · market cap 7.13%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$7.13M
$6.23M – $8.31M
NOI $498,766 @ 7.0% cap · market cap 10.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
90%
Occupancy
Multi-tenant
Tenancy
Yes
Sprinkler system
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,986
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Two connected office buildings provide elevator access, private offices, open work areas, and covered parking.
Where is this office building located?
The property is located at 800 Broad St Rome, GA.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: 43,000 square feet on 1.58 acres; Two interconnected, fully sprinklered office buildings, each with an elevator; 90% leased with long‑term, established tenants
