Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Hidden Ridge Dr Rome, GA 30165

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Hidden Ridge Dr Rome, GA 30165

    View on Map
    • Land
    • 0.65 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Hidden Ridge Dr

    Lot size
    0.65 lot acres
    Property type
    Land

    Description

    This exceptional 0.65-acre commercial lot, located at 0 Hidden Ridge Drive in Rome, Georgia (Floyd County, zip code 30165), presents a unique development opportunity. The property boasts a generous 28,489 square feet of land, offering ample space for a variety of commercial ventures. Buyers have the flexibility to bring their own builder or explore new construction options, with available house plans to consider. The lot's desirable location provides the choice of beautiful ridge or city views, and some lots even offer breathtaking basement views. Utilities are readily available, and a water tap is included with the lot, a significant advantage provided by the original developer. Detailed covenants, restrictions, and plats are available upon request, ensuring a transparent and informed purchasing process. This is an exceptional opportunity to acquire a well-situated commercial lot in a thriving Georgia community. Don't miss this chance to build your dream commercial project. The asking price for this prime commercial land is $20,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rome
    County
    Floyd
    State
    Georgia
    Longitude
    -85.2184
    Latitude
    34.242

    Comparable in this City

    • Value Estimation by Request
      12.28 Acres

      3105 Barker Rd

      Land • 12.28 Acres
      3105 Barker Rd, Rome, GA 30165
      View Details
    • Value Estimation by Request
      2.03 Acres

      Martha Berry Blvd

      Land • 2.03 Acres
      0 Martha Berry Blvd, Rome, GA 30165
      View Details
    • Value Estimation by Request
      0.67 Acres

      Hidden Ridge Dr

      Land • 0.67 Acres
      0 Hidden Ridge Dr, Rome, GA 30165
      View Details
    • Value Estimation by Request
      0.67 Acres

      Hidden Ridge Dr

      Land • 0.67 Acres
      0 Hidden Ridge Dr, Rome, GA 30165
      View Details
    • Value Estimation by Request
      1.46 Acres

      Hidden Ridge Dr

      Land • 1.46 Acres
      0 Hidden Ridge Dr, Rome, GA 30165
      View Details
    • Value Estimation by Request
      6.85 Acres

      8 Spring Ridge Trl

      Land • 6.85 Acres
      8 Spring Ridge Trl, Rome, GA 30165
      View Details

    Similar Nearby for Sale

    • $1,179,000

      Land for Sale

      Land available on Radio Springs Road, Rome, GA
      1059 Radio Springs Rd, Rome, GA 30165
      View Details
    • $85,000

      Land on Martha Berry Highway

      Land available on Martha Berry Highway in Rome, Georgia.
      3858 Martha Berry Hwy NE, Rome, GA 30165
      View Details
    • $236,300
      34.00 Acres

      34 Acres of Hardwood Forest

      34-acre property with hardwood forest, private setting, multiple build sites.
      34 Acres Halls Vly, Rome, GA 30165
      View Details
    • $1,368,700

      Land on Highway 20

      Land available on Highway 20 near Rome, Georgia.
      000 Alabama Hwy, Rome, GA 30165
      View Details
    • Contact for pricing

      1.3 AC Commercial Lot

      1.3 AC commercial lot on Alabama Highway.
      Alabama Hwy, Rome, GA 30165
      View Details
    • $187,765

      22.09 Acres on Barker Road

      22.09 acres suitable for home building or agricultural use.
      Barker Rd, Rome, GA 30165
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Freestanding Building on Shorter Avenue

      Freestanding retail building in a high-traffic location.
      618 Shorter Ave NW, Rome, GA 30165
      View Details
    • $5,500 /Mo
      6,000 SF

      Downtown Rome Commercial Office Space

      Prime commercial space in downtown Rome with flexible layout.
      237 N 5Th Ave SW, Rome, GA 30165
      View Details
    • Contact for pricing
      5,718 SF

      Retail Space in Publix-Anchored Center

      Retail space in Rome, GA, near major employers and university.
      435 Turner Mccall Blvd NE, Rome, GA 30165
      View Details
    • $1.00 SF/Yr
      9,510 SF

      Unique Sanctuary Space in Rome

      9,510 SF sanctuary with flexible leasing options available.
      1941 Shorter Ave NW, Rome, GA 30165
      View Details
    • $12 SF/Yr
      6,600 SF

      New Warehouse Space Available

      Newly constructed warehouse suites for lease in light industrial setting.
      220 John Davenport Dr, Rome, GA 30165
      View Details
    • $1,700 /Mo
      35,284 SF

      Retail/Office Space Near Mall

      Available retail/office space in high-traffic area near mall.
      2811 Martha Berry Hwy, Rome, GA 30165
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Hidden Ridge Dr
    Rome, GA 30165
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    Hidden Ridge Dr, Rome, GA, 30165

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!