0 Lee Ave Rome, GA 30161
This exceptional 2.07-acre commercial land parcel in Rome, Georgia, presents a unique investment opportunity. The property, encompassing approximately six to eight lots, is identified by APN numbers J14G-011, J14G-012, J14G-013, J14G-014, J14G-015, and J14G-016A. Crucially, according to FEMA and Floyd County environmental maps, this land is not situated within a flood plain. Its strategic location near recently constructed condos on East 2nd Avenue, Cottonwood townhomes, Colony Park condos, and Cherry Hill ensures high visibility and accessibility. The area boasts a vibrant mix of shopping, dining, and entertainment options, all within walking distance or a short drive. Nearby amenities include a pizza restaurant, a hamburger joint, and a donut shop, adding to the property's appeal. This prime location offers significant potential for various commercial developments, making it an attractive proposition for investors seeking a foothold in a thriving Georgia market. The asking price is $125,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.