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Industrial Redevelopment Building with Access Road

Riverside Industrial Park Boulevard Rome, GA 30161

Riverside Industrial Park Boulevard, Rome, GA, 30161
$149,900
For Sale
$149,900

COMMERCIAL - Rome, GA

Property Size2,000 SF
Lot Size0.27 Acres
Price / SF$74.95
Days on Market47

Property Features for Riverside Industrial Park Boulevard

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
LI
Parking
4
Interior features
Beamed Ceilings, High Ceilings 10 or Greater
Fencing
Chain Link
Standard status
Active
Size
2,000 SF
Lot size
0.27 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
203

Utilities

Sewer type
Public Sewer
Water source
Public

Building Details

Year built
1950
Floors in Building
3
Building materials
Block, Cement Siding, Metal Siding
Roof type
Metal
Listing Agency Realty One Group Edge
790 Market St., Woodstock, GA
Listed by Michelle Cochran
Added: Jun 5 Checked: Jul 21 at 3:06 am
MLS# 7783477

Copyright © 2026 First Multiple Listing Service, Inc. 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.

The offering is an industrial property suited for redevelopment, featuring a brick-and-steel structure with a reported height of approximately 75 feet. The site is positioned on a 0.27-acre lot and includes privately owned access road infrastructure identified as Riverside Industrial Park East. A current survey is available, which can help streamline due diligence for future site planning and improvements. The property is described as having over 3,000 square feet of potential for a new layout and use.

Located in Rome, Georgia (Floyd County), the building is described in the listing materials as being just minutes from Downtown Rome. The address is Riverside Industrial Park Boulevard, Rome, GA 30161. Zoning is listed as LI, aligning the property with industrial-oriented development concepts.

For developers, builders, and owner-operators, the combination of a distinctive industrial shell and private access road may support a range of redevelopment directions, subject to applicable approvals under LI zoning. Prospective tenants or buyers can evaluate the existing structure and site access for potential creative office, mixed-use, or hospitality concepts, as mentioned in the remarks, while confirming feasibility during planning and permitting.

Key Highlights

  • Built in 1950 with block construction and cement/metal siding
  • Metal roof and chain‑link fencing on the property
  • Interior features include beamed ceilings and high ceilings (10+ ft)

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $19.0k $9.48
− Vacancy −$1.6k −$0.78
EGI $17.4k $8.70
− OpEx −$5.2k −$2.61
NOI $12.2k $6.09
2,000 SF · lease $9.48/SF/yr · vacancy 8.20% · expense 30.00%

Alternative Uses

Best Use
Office B
$234.7K
$205.3K – $273.8K (±1% cap)
NOI $16,427 @ 7.0% cap · market cap 10.96%
Second Best
Industrial
$174.1K
$152.3K – $203.1K (±1% cap)
NOI $12,184 @ 7.0% cap · market cap 8.13%
Theoretical Best
Healthcare Medical
$331.4K
$290.0K – $386.6K (±1% cap)
NOI $23,198 @ 7.0% cap · market cap 15.48%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Manufacturing properties

FAQs

What type of property is this?
Manufacturing property - Industrial building with brick-and-steel character and a privately owned access road for controlled site access.
Where is this manufacturing property located?
The property is located at Riverside Industrial Park Boulevard Rome, GA.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Built in 1950 with block construction and cement/metal siding; Metal roof and chain‑link fencing on the property; Interior features include beamed ceilings and high ceilings (10+ ft)
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