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Property profile & analytics
FOR SALE
Land

12 Covey Rise Dr NE Rome, GA 30161

1.06 ac lot
Property ID
US22-2767077
Property summary
AI-generated overview

This exceptional 1.06-acre commercial lot is situated in a desirable new subdivision just minutes from Downtown Rome, Georgia. Enjoy convenient access to the East Rome Bypass, Highway 411, and Highway 53, ensuring excellent connectivity and visibility for your business. The property boasts a wooded, estate-sized lot, mostly level and prepared for immediate construction. Underground utilities are already in place, along with sidewalks, curb and gutter systems, and custom street lighting, significantly reducing development costs and timelines. The subdivision features a stunning entrance with stone columns and rail fencing, enhancing the overall aesthetic appeal and creating a prestigious environment for your investment. This prime location offers a unique opportunity to establish a thriving business in a rapidly developing area of Rome, combining convenience, accessibility, and a beautifully landscaped setting. The lot's size and level terrain provide ample space for a variety of commercial developments, making it an ideal investment for entrepreneurs and developers alike. The address is 12 Covey Rise Drive NE, Rome, GA 30161. This is a rare opportunity to acquire a ready-to-build commercial lot in a highly sought-after location. Asking price is $90,000.

Property profile
Verified
Property type Land
Lot 1.06 ac (46,174 SF)
UPID US22-2767077
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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