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    Wilbanks Rd Rome, GA 30161

    For Sale
    Contact for pricing

    Prime Development Site, Rome, GA

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional residential development opportunity presents 1,900 feet of Etowah River frontage in Rome, Georgia. Strategically located at the intersection of US Highway 411 and the East Rome Bypass, this property offers unparalleled access and visibility. The site is zoned R-L, permitting up to six units per acre, making it ideal for a variety of residential projects. City water is readily available on-site, and sewer lines are located within 2,000 feet with ample capacity. Enjoy the convenience of being less than five miles from downtown Rome and under seven miles from Berry College. This location benefits significantly from the recent announcement of a major $1 billion+ Microsoft data center and training campus, projected to create 300 new jobs and eventually reach a $2 billion investment. Furthermore, the property is less than twelve miles from the under-construction $5 billion SK Battery/Hyundai Motors EV battery plant, poised to bring 3,500 new jobs to the area. This presents a unique chance to capitalize on the substantial economic growth and development transforming Rome, Georgia. The APN is K15W015. The property is situated on Wilbanks Rd SE, Rome, GA 30161.

    Property Features for 0 Wilbanks Rd

    General Information

    Property type
    Land

    HighLights

    • 1,900 ft. of Etowah River frontage in Rome, GA.
    • Located at US Hwy 411 and the East Rome Bypass.
    • R‑L zoning allowing up to 6 units per acre.
    • On‑site Rome water; sewer within 2,000 ft. with available capacity.
    • Less than 5 miles to downtown Rome and under 7 miles to Berry College.
    • Near a new $1B+ Microsoft data center and training campus, creating 300 jobs.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Rome
    County
    Floyd
    State
    Georgia
    Longitude
    -85.1160929
    Latitude
    34.2227151

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    FAQs

    What type of property is this?
    Land - Prime Development Site, Rome, GA
    Where is this land located?
    The property is located at Wilbanks Rd Rome, GA.
    What are key features of this property?
    This property features: 1,900 ft. of Etowah River frontage in Rome, GA.; Located at US Hwy 411 and the East Rome Bypass.; R-L zoning allowing up to 6 units per acre.
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    Wilbanks Rd Rome, GA 30161
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Wilbanks Rd Rome, GA 30161
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