Commercial Land with Existing
For Sale
$650,000
5561 , Rome, GA 30161
Community Commercial zoning and an existing building accommodate multiple permitted commercial uses.
Property Size2,001 SF
Price / SF$119.62
Days on Market64
Property Features for 5561
General Information
Standard status
Active
Size
2,001 SF
Property subtype
Commercial
Amenities
6.93 acres, Semi Turning Available
Septic Tank
Parcel Number: M11X 006, Annual Amount: $6,122, Year: 2026
Central Air
Central
Listing ID: 10819725, Standard Status: Active, MLS Status: Active, On market as of 2026-08-05, 14 days on market
Paved
Built in 2001, Construction Materials: Steel Siding
County/Parish: Floyd
Resale
Electricity Available, Water Available, Water Source: Public
Negotiable
Building Details
Building Size
2,001 SF
Year Built
2001
Listing Agency:
Keller Williams Realty First Atlanta
(404) 531-5700
Listed By:
Angie W Ponsell · License #248030
(864) 920-0303
Source:
Blackstreaminternational
Added: Aug 5
Changed: Oct 6
Last Checked: Oct 5 at 6:24PM
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 Keller Williams Realty First Atlanta
Investment Insights
Based on property information with market context.
This 6.93-acre commercial land offering includes a 5,434-square-foot building constructed in 2001. The property carries C-C (Community Commercial) zoning and provides space associated with parking and outdoor storage. Its existing improvements create a developed starting point for commercial occupancy or future site planning.
Located at 5561 New Calhoun Highway NE in Rome, Georgia, the property offers access to major transportation routes. Permitted commercial uses identified for the site include retail, contractor operations, automotive businesses, offices, service businesses, equipment sales, wholesale, and religious assembly. The site may also accommodate other uses allowed under the applicable zoning designation.
Located at 5561 New Calhoun Highway NE in Rome, Georgia, the property offers access to major transportation routes. Permitted commercial uses identified for the site include retail, contractor operations, automotive businesses, offices, service businesses, equipment sales, wholesale, and religious assembly. The site may also accommodate other uses allowed under the applicable zoning designation.
Key Highlights
- 6.93‑acre commercial site
- 5,434 SF existing building constructed in 2001
- C‑C (Community Commercial) zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,908
Cap Rate
5.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$678,160
$678.2K
Cap Rate 7%
$484,400
$484.4K
Cap Rate 9%
$376,756
$376.8K
Market Conditions
NOI Build-Up for 5,434 SF
Gross rent
$54.1K $9.96/SF
− Vacancy
−$5.7K −$1.05/SF
EGI
$48.4K $8.91/SF
− OpEx
−$14.5K −$2.67/SF
NOI
$33.9K $6.24/SF
Area
Floyd County, GA
Vacancy
10.50%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$678,160
Cap Rate 7%
$484,400
Cap Rate 9%
$376,756
Alternative Uses
Best Use
Retail
$484.4K
$423.9K – $565.1K
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
NOI $63,030 @ 7.0% cap · market cap 9.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
456
Businesses Nearby
1k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Beauty & Spa 100%
Merle Norman Cosmetic Studio
Beauty & Spa
1,159 visits/mo
0.5 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Community Commercial zoning and an existing building accommodate multiple permitted commercial uses.
Where is this commercial land located?
The property is located at 5561 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 site; 5,434 SF existing building constructed in 2001; C‑C (Community Commercial) zoning
