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Property profile & analytics
FOR SALE
Auto shops

1103 Shorter Ave SW Rome, GA 30165

3,200 SF 0.3 ac lot Built 1987
Individually Owned 18-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US22-2164706
Property summary
AI-generated overview

This exceptional 1.57-acre commercial property in Rome, Georgia, presents a unique investment opportunity. Strategically located at 1103 Shorter Avenue SW, the property enjoys triple road frontage on Shorter Avenue, Fay Street, and South Sycamore Street, ensuring high visibility and significant traffic exposure. The zoning permits community commercial use, opening doors to a wide range of business ventures. The property includes a substantial 3,200 square foot automotive shop, providing immediate income potential or the opportunity for expansion. Adding to the investment appeal are two currently rented residential houses, generating consistent rental income. A third house on the property is currently vacant, offering further potential for rental income or conversion to support a commercial enterprise. The expansive lot also features a prime location for a billboard, presenting an additional avenue for revenue generation. This multifaceted property offers a blend of existing income streams and significant development potential, making it an attractive proposition for savvy investors seeking a high-return investment in a desirable location. The combination of commercial and residential components provides diversification and stability, while the high-traffic location ensures strong visibility and accessibility. This is a rare opportunity to acquire a well-positioned property with multiple income streams and significant upside potential.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1987
Construction STEEL FRAME
Total area 3,200 SF
Lot 0.3 ac (13,068 SF)
Zoning code C-C
APN I13L- -224 -
UPID US22-2164706
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
Current use
Occupant on record · Public records
  • Coosa Valley 4 Wheel Drive Auto Repair Shop Vehicle Inspection Center
  • Rome Drive Shaft Services Auto Repair Shop Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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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
Kevin Barrell · 18 yrs held
Kevin Barrell
since 2007
1 recorded transaction
2007
$260,000
Zoning & alternative use
C-C · Rome, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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