1201 Martha Berry Blvd Rome, GA 30165
For Sale
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This exceptional 1.72-acre commercial property presents a prime investment and development opportunity in Rome, Georgia. Located at 1201 Martha Berry Boulevard NW, this strategically positioned site boasts an estimated 30,000 daily vehicle count, ensuring high visibility and accessibility. The property's mixed-use zoning allows for a wide range of development possibilities, including restaurants, medical facilities, gas stations, beverage stores, multi-family housing, or even a hotel. Its location near historic downtown Rome places it within a vibrant and growing community. The surrounding area is experiencing significant expansion, with ongoing construction of senior housing, apartments, condos, and medical offices. This burgeoning growth is further fueled by substantial economic investments in the region. Hyundai's upcoming $5 billion battery plant (opening in 2025) will bring 3,500 new jobs, while QCbell's $2.5 million investment will add another 2,500. Microsoft's $1 billion investment in a 350-acre data center further solidifies Rome's position as a thriving economic hub. This property offers double tax incentives, making it an exceptionally attractive proposition for developers seeking significant returns. The property's prime location and the surrounding development activity create a compelling opportunity for substantial long-term growth and value appreciation. Don't miss this chance to capitalize on the explosive growth in Rome, GA. Priced at $1,700,000.
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Royal Inn Hotel & Motel
i. C-C Community Commercial (1) The C-C Community Commercial District is established to provide a location for a full-range of retail and office development serving the general needs of the community. The C-C District is considered inappropriate for heavier commercial uses 6363 that border on being more “ light industrial ” in nature, and thus more appropria…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-C · Rome, GAi. C-C Community Commercial (1) The C-C Community Commercial District is established to provide a location for a full-range of retail and office development serving the general needs of the community. The C-C District is considered inappropriate for heavier commercial uses 6363 that border on being more “ light industrial ” in nature, and thus more appropriate for the H-C or L-I District. (2) It is the intent of the C-C District to promote a streetscape that encourages buildings to be moved forward adjacent to the front yard setback line and the edge of the required landscape improvements. This site design improves the benefits derived from the required landscaping and the overall image of the commercial corridor. j. C-B-C Central Business Commercial (1) Within C-B-C Central Business Commercial District the most intensive use of land is permitted in combination with a variety of commercial and residential uses. The district is intended to serve as the central headquarters for economic and administrative activity in the community. The district is designed to have uses that are centrally located and compact so that maximum convenience is afforded the users and occupants of the district. (2) It is the intent of the C-B-C District to be pedestrian friendly. Structured parking is encouraged over surface parking lots. There are no yard setbacks to encourage buildings to locate adjacent to the property line and utilize on-street or structured parking to the greatest extent possible. (3) In the C-B-C District residential use is encouraged above commercial operations in existing buildings, as well as within new, free-standing high- rise residential buildings . Commercial store fronts in existing buildings shall be maintained in both form and function and shall not be converted to residential use. (4) The CBC zoning district may also be used in the unincorporated areas where the availability of water, sewer, transportation routes and other services and utilities make high density, mixed used development possible . k. H-C Heavy Commercial (1) The H-C Heavy Commercial District is established to provide for the sales and service of commercial uses that are not considered as compatible with traditional retail sales and services allowed in the C-C District. (2) Uses within the H-C District border on being more “ light industrial ” in nature.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
