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Property profile & analytics
OFF-MARKET
Land

358 Tolbert St Rome, GA 30161

1.74 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.74-acre commercial land parcel presents a remarkable investment opportunity in Rome, Georgia. Located at 358 Tolbert Street, Floyd County, zip code 30161 (34.2745929, -85.1476054), this flat, partially wooded lot offers significant potential for development. The property's strategic location offers convenient access to city amenities and infrastructure. A key advantage is the existing city water and county sewer connections, significantly reducing development costs and timelines. Prospective buyers should conduct their own due diligence to verify zoning regulations and permitted uses. The property's adjacency to other multi-family lots suggests the possibility of duplex zoning, although this must be independently confirmed. The completely flat terrain simplifies construction and site preparation, making this an attractive option for developers seeking a straightforward project with readily available utilities. The asking price is $50,000, representing a compelling entry point into the Rome commercial real estate market. This is a rare opportunity to acquire a well-situated, readily developable lot in a growing area. Serious inquiries are encouraged to explore the full potential of this promising investment.

Property profile
Verified
Property type Land
Lot 1.74 ac (75,794 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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