Commercial Real Estate Market in Rome, GA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
380 active listings and 2,656 off-market properties in Rome, GA. Commercial property asks $183/SF to buy and $13.58/SF/Yr to lease.
Market Trends
Rome, GA spans 316.9 square miles in Floyd County, Georgia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Rome, GA asks $123/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Rome, GA asks $162/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Rome, GA runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Rome, GA runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 58.9%
- Industrial 28.3%
- Civic 10.7%
- Commercial 1.2%
- Planned_development 0.9%
Largest Zones share of zoned land by district
Suburban Residential
Community Commercial
Office Institutional
Heavy Industrial
High Density Traditional Residential
Rome, GA zones 18,046 acres across 15 districts. Commercial zoning covers 1.2% of zoned land, residential 58.9% and industrial 28.3%. The largest single district is Suburban Residential at 37.4%. For commercial buyers the practical constraint is that only 29.5% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Rome, GA has 78,980 residents in 32,106 households. Density runs 249 people per square mile. Median household income here is $62,204 and median gross rent $975 a month.
78,980
Population
32,106
Households
2.5
Avg Household Size
38
Median Age
28%
College-Educated
84%
High-School Grad
316.9 sq mi
ZIP Area
249
Density / Sq Mi
$62,204
Median Household Income
$34,471
Median Earnings
$975
Median Rent
$198,289
Median Home Value
Tools
Lease vs Buy Breakeven
At $13.58/SF/Yr lease vs $183/SF buy → buying wins if held > 2.7 years.
At a 7.4% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lindale | — | — |
| Coosa | — | — |
| Shannon | — | — |
| Silver Creek | — | — |
Commercial property in Rome, GA asks $183/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Rome?
Commercial property in Rome, GA asks an average of $183 per square foot. The 4 most recent recorded sales traded at a median of $242/SF. Retail carries the highest asking price at $162/SF.
How much does it cost to lease commercial space in Rome?
Asking lease rates in Rome, GA average $13.58 per square foot per year.
Is it cheaper to lease or buy commercial space in Rome?
Buying beats leasing in Rome, GA if the property is held longer than 2.7 years, comparing $13.58/SF/Yr asking rent with $183/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
What zoning applies to commercial property in Rome?
Rome, GA zones 18,046 acres across 15 districts, of which 1.2% is commercial and 28.3% industrial. The largest single district is Suburban Residential at 37.4% of zoned land. Residential zoning covers 58.9% and open space 0%.
Where does Realmo's Rome market data come from?
Realmo compiles Rome, GA figures from 4 recent recorded sales, 319 active sale listings, 61 active lease listings, 2,656 tracked off-market properties, the current Rome zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 319 active for-sale and 61 active for-lease listings in Rome, GA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 18,046 zoned acres across 15 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
