Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Rockmart Rd Silver Creek, GA 30173

    • Land
    • 1.28 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Rockmart Rd

    Lot size
    1.28 lot acres
    Property type
    Land

    Description

    This exceptional 1.28-acre commercial land parcel presents a remarkable investment opportunity in Silver Creek, Georgia. Located at 0 Rockmart Road, this property boasts a highly desirable C-C zoning designation, allowing for a wide range of commercial uses. The lot features double road frontage, providing excellent visibility and accessibility from both Rockmart Highway and Old Rockmart Road. Comprising three individual parcels (APN: K17 085, K17 086, K17 087), this cleared lot is ready for immediate development. Its strategic location in Floyd County, Georgia, zip code 30173 (latitude 34.1515926, longitude -85.1417532), offers convenient access to major transportation routes and a thriving local community. The asking price for this prime commercial land is $190,000. This represents a significant opportunity for businesses seeking a well-situated and readily developable site in a growing area. The property's size and zoning make it ideal for a variety of commercial ventures, offering substantial potential for return on investment. Don't miss this chance to acquire this exceptional piece of commercial real estate.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Silver Creek
    County
    Floyd
    State
    Georgia
    Longitude
    -85.1418
    Latitude
    34.1516

    Comparable in this City

    • Value Estimation by Request
      1.06 Acres

      Ramblewood Dr

      Land • 1.06 Acres
      0 Ramblewood Dr, Silver Creek, GA 30173
      View Details
    • Value Estimation by Request
      0.38 Acres

      Zona Kay Cir

      Land • 0.38 Acres
      0 Zona Kay Cir, Silver Creek, GA 30173
      View Details
    • Value Estimation by Request
      163.52 Acres

      Harmony Rd

      Land • 163.52 Acres
      0 Harmony Rd, Silver Creek, GA 30173
      View Details
    • Value Estimation by Request
      984.00 Acres

      5229 Rockmart Hwy

      Land • 984.00 Acres
      5229 Rockmart Hwy, Silver Creek, GA 30173
      View Details
    • Value Estimation by Request
      1.00 Acre

      Rockmart Hwy

      COMMERCIAL (GENERAL) • 1.00 Acre
      Rockmart Hwy, Silver Creek, GA 30173
      View Details
    • Value Estimation by Request
      4,150 SF

      4490 Rockmart SE Rd

      COMMERCIAL (GENERAL) • 4,150 SF
      4490 Rockmart SE Rd, Silver Creek, GA 30173-2440
      View Details

    Similar Nearby for Sale

    • $100,000
      3.88 Acres

      Silver Creek Acreage Ready to Build

      3.88-acre lot with septic tank near Downtown Rome.
      169 Jack St SE, Silver Creek, GA 30173
      View Details
    • $100,000
      1.28 Acres

      Commercial Corner Lot in Silver Creek

      High-visibility corner lot with development potential in Silver Creek, GA.
      Rockmart Rd, Silver Creek, GA 30173
      View Details
    • $124,900
      Pending

      Silver Creek Land with Infrastructure

      5.88 acres with existing infrastructure, ideal for redevelopment.
      199 Harmony Rd SE, Silver Creek, GA 30173
      View Details
    • $100,000
      3.88 Acres

      Silver Creek Land with Septic

      3.88-acre partially wooded lot with septic tank in place.
      169 Jack St SE, Silver Creek, GA 30173
      View Details
    • $199,900

      Prime Commercial Space on Walnut

      Commercial space in high-traffic area, suitable for various businesses.
      315 W Franklin St, Dalton, GA 30173
      View Details
    • New
      $375,000
      1,196 SF

      Silver Creek NNN Investment Property

      NNN investment property with long-term tenant near Rome, Georgia.
      4450 Rockmart Hwy, Silver Creek, GA 30173
      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.
    Rockmart Rd
    Silver Creek, GA 30173
    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

    Google sign-in failed. Please try again or use another login method.