Climate-Controlled Warehouse
For Sale
$1,250,000
95 Three Rivers Dr Ne, Rome, GA 30161
Warehouse for sale with climate control, sprinkler system, loading dock, 18-foot ceilings, and ample parking.
Property Size10,800 SF
Price / SF$115.74
Days on Market73
Property Features for 95 Three Rivers Dr Ne
General Information
Standard status
Active
Size
10,800 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Clear Height
18 ft
Sprinkler System
Yes
Taxes and HOA fees
Annual Taxes
$10,170
Amenities
climate controlled
sprinkler system
loading dock
security system
Listing Agency:
Hardy Realty & Development Company
(706) 291-4321
Listed By:
Larry E Cagle · License #138923
(706) 266-2359
Source:
Exprealty
Added: Jun 26
Changed: Aug 25
Last Checked: Sep 5 at 9:47AM
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.
This for-sale warehouse includes a climate-controlled interior, sprinkler system, and a loading dock. The facility features 18-foot ceilings and an on-site security system, supported by ample parking for tenant and customer access.
The property is described as being located right off the bypass.
The offering presents a warehouse configuration suitable for a range of industrial and storage needs, with the included loading and ceiling height supporting practical day-to-day operations.
The property is described as being located right off the bypass.
The offering presents a warehouse configuration suitable for a range of industrial and storage needs, with the included loading and ceiling height supporting practical day-to-day operations.
Key Highlights
- 10,800 SF warehouse for sale
- Climate‑controlled space
- Sprinkler system and security system in place
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$79,281
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.34%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,585,620
$1.6M
Cap Rate 7%
$1,132,586
$1.1M
Cap Rate 9%
$880,900
$880.9K
Market Conditions
NOI Build-Up for 10,800 SF
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.
Gross rent
$102.4K $9.48/SF
− Vacancy
−$9.1K −$0.84/SF
EGI
$93.3K $8.64/SF
− OpEx
−$14.0K −$1.30/SF
NOI
$79.3K $7.34/SF
Area
Floyd County, GA
Vacancy
8.90%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,585,620
Cap Rate 7%
$1,132,586
Cap Rate 9%
$880,900
Alternative Uses
Best Use
Warehouse
$1.13M
$991.0K – $1.32M
NOI $79,281 @ 7.0% cap · market cap 6.34%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$1.79M
$1.57M – $2.09M
NOI $125,271 @ 7.0% cap · market cap 10.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
18 ft
Clear height
Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,325
Businesses Nearby
Well-served
Demand for This Use
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse for sale with climate control, sprinkler system, loading dock, 18-foot ceilings, and ample parking.
Where is this warehouse located?
The property is located at 95 Three Rivers Dr Ne Rome, GA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 10,800 SF warehouse for sale; Climate‑controlled space; Sprinkler system and security system in place
