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Financial
Distress signals
Property profile

402 2nd Ave Rome, GA 30161

OFF-MARKET
Turn key restaurants
Property ID
US22-2067689
1,474 SF 0.4 ac lot Built 1963
Last sale Dec 2024 · $620,300
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value$218k
Assessed land$47k
Assessed improvement$171k
Effective rate3.51%

Value estimate

· Oct 2026
$465k
$419k – $512k
AI approach$450k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$204/SF
Submarket average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$76 – $363

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-C
The C-C District is considered inappropriate for heavier commercial uses that border on being more light industrial in nature, and thus m...
General categoryINDUSTRIAL
JurisdictionFLOYD

Location intelligence

Which uses thrive at this corner?
Best fit: Shoe Repair
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Shoe Repair8.6
Veterinary Clinic8.5
Catering Service8.5

Location

402 2nd Ave Rome, GA 30161-3224
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
610 Calhoun NE, Rome, GA 30161-5423 $650,000 Feb 2025 1,800 SF
1405 Kingston NE, Rome, GA 30161-5831 $270,000 Feb 2025 1,530 SF
127 12th SW, Rome, GA 30161-6355 $650,000 Jan 2025 1,674 SF
308 Broad, Rome, GA 30161-3006 $630,000 Apr 2024 1,200 SF
1901 Broad NE, Rome, GA 30161-5307 $600,000 Dec 2023 1,664 SF
2036 Maple SW, Rome, GA 30161-6739 $350,000 Aug 2023 1,752 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $485,000
    1,674 SF
    127 12th SW St
    CONVENIENCE STORE
    127 12th SW St, Rome, GA 30161-6355
    View Details
  • Value Estimation
    $155,000
    1,692 SF
    501 2nd Ave
    RETAIL STORES (PERSONAL SERVICES)
    501 2nd Ave, Rome, GA 30161-3249
    View Details
  • Value Estimation
    $280,000
    2,048 SF
    1200 Dean SE Ave
    RETAIL STORES (PERSONAL SERVICES)
    1200 Dean SE Ave, Rome, GA 30161-6432
    View Details
  • Value Estimation
    $155,000
    816 SF
    908 Calhoun NE Ave
    BARBER, HAIR SALON
    908 Calhoun NE Ave, Rome, GA 30161-5476
    View Details
  • Value Estimation
    $265,000
    3,000 SF
    203 Gln Milner Blvd
    RETAIL STORES (PERSONAL SERVICES)
    203 Gln Milner Blvd, Rome, GA 30161-3239
    View Details
  • Value Estimation
    $280,000
    3,000 SF
    137 1st St
    RETAIL STORES (PERSONAL SERVICES)
    137 1st St, Rome, GA 30161-3102
    View Details

Similar Nearby for Sale

  • New
    $375,000
    1,632 SF
    Convenience Store With Basement
    Operational food and beverage retail property with storage, equipment, and an additional outbuilding near downtown Rome.
    107 E Main Street SW, Rome, GA 30161
    View Details
  • New
    $199,000
    1,067 SF
    Commercial Storefront with Salon Equipment
    Commercially zoned storefront with a reception area, restrooms, and existing salon fixtures.
    1306 Maple Avenue SW, Rome, GA 30161
    View Details
  • $1,500,000
    2,622 SF
    Absolute NNN Commercial Property
    Two-tenant commercial building with a parking lot, public water, and public sewer.
    1000 Turner Mccall Boulevard SW, Rome, GA 30161
    View Details
  • New
    $475,000
    2,624 SF
    Mixed-Use Property with Storage Units
    Renovated commercial building combining retail or office space with on-site self-storage and customer parking.
    1200 Dean Avenue SE, Rome, GA 30161
    View Details
  • $465,000
    3,300 SF
    Three-Story Mixed-Use Property
    Renovation leaves a flexible shell for storefront, office, restaurant, residential, or additional commercial use.
    12 E 3 Rd Ave, Rome, GA 30161
    View Details
  • New
    $575,000
    3,300 SF
    Three-Story Mixed-Use Building
    Renovation work includes a TPO roof, new storefront, Marvin windows, exterior paint, and exposed structural interiors.
    16 E 3 rd Avenue, Rome, GA 30161
    View Details

Similar Nearby for Lease

  • $950/Mo
    800 sqft
    Open-Plan Retail Space
    Flexible storefront layout with rear space for storage or additional usable area.
    4 E 3rd Ave, Rome, GA 30161
    View Details
  • $2,500/Mo
    3,341 sqft
    Brick Storefront with Open Layout
    Recently completed work addressed plumbing, flooring, and roof items for a flexible commercial interior.
    318 Broad Street, Rome, GA 30161
    View Details
  • New
    $5,890/Mo
    4,000 sqft
    Updated Single-Level Retail Space
    Recently updated one-story retail space with an on-site parking lot and NNN sublease structure.
    144 Hicks Dr, Rome, GA 30161
    View Details
  • $1,800/Mo
    38,070 sqft
    Creative Retail Space with Open Layout
    Adaptable commercial suite with natural light, brick accents, two private bathrooms, and parking options near Downtown Rome.
    210 E 2nd Ave Suite 201, Rome, GA 30161
    View Details
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