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    Property profile & analytics

    407-409 Broad St Rome, GA 30161

    • Retail properties
    • 8,495 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 407-409 Broad St

    Year built
    1901
    Property size
    8,495 SF
    Property type
    Retail properties
    Property subtype
    Land

    Description

    This exceptional commercial property located at 407-409 Broad Street in Rome, Georgia, presents a unique investment opportunity. The property boasts a substantial 8,495 square feet of retail space situated on a 3,485 square foot lot. Built in 1901, this historic building offers a blend of character and potential. The property is zoned CBC, providing flexibility for a variety of commercial uses. The asking price is $649,000. Given its prime location in Rome, Georgia, 30161, this property benefits from high visibility and foot traffic, making it ideal for a range of retail businesses. Showings are conveniently scheduled for Mondays and Saturdays to minimize disruption to existing tenants. The property's rich history and substantial square footage make it a compelling investment prospect for those seeking a well-positioned commercial asset in a thriving Georgia community. Serious inquiries are encouraged to explore the possibilities this property offers. The property's location in Floyd County provides access to a strong local market and convenient transportation links. This is a rare opportunity to acquire a significant retail space in a desirable location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rome
    County
    Floyd
    State
    Georgia
    Longitude
    -85.1714
    Latitude
    34.2551

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      319.86 Acres

      Old Blacks Bluff Rd

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      34.96 Acres

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    Similar Nearby for Lease

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    407-409 Broad St
    Rome, GA 30161
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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