Climate Controlled Warehouse with Loading
For Sale
$1,250,000
95 Three Rivers Drive NE, Rome, GA 30161
COMMERCIAL - Rome, GA
Property Size10,800 SF
Lot Size2.59 Acres
Price / SF$115.74
Days on Market47
Property Features for 95 Three Rivers Drive NE
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot
Security features
Security
Fencing
Chain Link
Lot features
Interior Lot
Directions
From Veterans Hwy(Rome bypass), Turn at the traffic light at Rome High School onto Three Rivers Dr, property is on the left.
Standard status
Active
APN
J12Z 011
Size
10,800 SF
Lot size
2.59 Acres
Taxes and HOA fees
Tax Year
25
Tax Annual Amount
10170
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Natural Gas, Central
Cooling system
Electric, Central Air
Water source
Public
Amenities
security system
Building Details
Year built
2000
Flooring type
Concrete
Roof type
Metal
Listing Agency:
Hardy Realty & Development Company
(706) 291-4321
Listed By:
Larry E Cagle · License #138923
(706) 266-2359
Added: Jun 26
Changed: Aug 4
Last Checked: Aug 11 at 7:06PM
MLS# 10794280
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 climate controlled warehouse offers a functional industrial layout with concrete flooring, metal roof, and public utilities including water and public sewer. Built in 2000, the facility includes a sprinkler system and a security system, with a loading dock and central heating using natural gas. Cooling is provided via electric central air, and the warehouse has 18 ft ceilings.
The property sits on 2.59 acres and includes parking lot areas for vehicles, with chain link fencing around the site. Additional site features include a water source of public water.
For businesses needing straightforward warehouse operations, this building provides clear, serviceable interior height, coordinated safety features, and a practical loading setup within a drive-accessible site.
The property sits on 2.59 acres and includes parking lot areas for vehicles, with chain link fencing around the site. Additional site features include a water source of public water.
For businesses needing straightforward warehouse operations, this building provides clear, serviceable interior height, coordinated safety features, and a practical loading setup within a drive-accessible site.
Key Highlights
- 10,800 SF warehouse built in 2000
- Climate controlled space with 18 ft ceilings
- Sprinkler system and security system
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
Yes
Sprinkler system
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.
Frequently Asked Questions
What type of property is this?
Warehouse - Climate controlled warehouse featuring a loading dock, sprinkler system, security system, and parking lot on 2.59 acres.
Where is this warehouse located?
The property is located at 95 Three Rivers Drive 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 built in 2000; Climate controlled space with 18 ft ceilings; Sprinkler system and security system
