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    Property profile & analytics

    1431 Broad NE St Rome, GA 30161-5215

    • Strip malls
    • 28,683 SF
    • 3.00 lot acres
    OFF-MARKET
    Value Estimation
    $290,000
    Last Sale
    Nov 01, 2024
    $300,000
    Location Intelligence
    Property ID
    US22-2067727
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Roman Plaza / Shopping Mall
    • Hair Studio / Beauty Salon

    Property Details for 1431 Broad NE St

    Year built
    1980
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    3.00 lot acres
    Property size
    28,683 SF
    Zone code
    C-C
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    J13J- -151 -
    APU
    J13J151

    Description

    This exceptional commercial property, located in the thriving Roman Plaza, offers four available spaces ranging from 1,100 to 6,000 square feet. Anchored by Family Dollar and Dollar Tree, this prime location boasts high visibility along Highway 53, with 680 feet of road frontage. The C3 zoning allows for versatile business uses, catering to diverse commercial needs. Ample parking is provided with 90 spaces across 3 acres, ensuring convenience for tenants and customers. The property's strategic location near downtown Rome's River Front area guarantees significant foot traffic. All utilities are readily available on-site, simplifying the setup process. Furthermore, its proximity to residential areas fosters strong community engagement. This opportunity is ideal for businesses seeking a dynamic and thriving commercial space in Rome, Georgia, benefiting from excellent visibility and convenient access. The property's size and ample parking also allow for potential expansion. This is a unique chance to establish a presence in a bustling commercial center.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $300,000

    • CAP approach

      CAP return
      Estimation
      6%
      $235,000
      6.5%
      $250,000
      7%
      $230,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $265,000
      Geo Method
      $225,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $235,000
      Retail
      $270,000
      Mixed-Use
      $315,000
      Hospitality
      $290,000
      Educational
      $280,000
      Residential Income
      $300,000
      Energy
      $230,000
      Income-Based Land
      $285,000
      Food Service
      $250,000

    Location Insight

    • Map
    • Local Demand
    City
    Rome
    County
    Floyd
    State
    Georgia
    Longitude
    -85.1578
    Latitude
    34.2646
    CBSA code
    40660
    CBSA name
    ROME, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $20,569
    $156,002
    $533,162
    $689,164
    -
    $390,005
    $1,332,906
    $1,722,911

    Comparable in this City

    • Value Estimation
      $415,000
      5,170 SF

      2017 Maple Ave Sw Ste A

      SHOPPING CENTER, STRIP CENTER • 5,170 SF
      2017 Maple Ave Sw Ste A, Rome, GA 30161-6809
      View Details
    • Value Estimation
      $690,000
      12,524 SF

      315 Riverside NE Pkwy

      SHOPPING CENTER, STRIP CENTER • 12,524 SF
      315 Riverside NE Pkwy, Rome, GA 30161-2986
      View Details
    • Value Estimation
      $1,480,000
      9,300 SF

      1012 Broad NE St

      SHOPPING CENTER, STRIP CENTER • 9,300 SF
      1012 Broad NE St, Rome, GA 30161-5261
      View Details
    • Value Estimation
      $1,015,000
      45,627 SF

      1101 Calhoun NE Ave

      SHOPPING CENTER, STRIP CENTER • 45,627 SF
      1101 Calhoun NE Ave, Rome, GA 30161-5709
      View Details
    • Value Estimation by Request
      19,165 SF

      500 2nd Ave

      SHOPPING CENTER, STRIP CENTER • 19,165 SF
      500 2nd Ave, Rome, GA 30161
      View Details
    • Value Estimation
      $540,000
      8,498 SF

      843 Cartersville SE Hwy

      SHOPPING CENTER, STRIP CENTER • 8,498 SF
      843 Cartersville SE Hwy, Rome, GA 30161-8449
      View Details

    Similar Nearby for Sale

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      9,300 SF

      Prime Shopping Center Near Downtown

      Fully leased shopping center near downtown Rome, Georgia.
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      Rome, GA Convenience Store

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    Similar Nearby for Lease

    • $6,834 /Mo
      2,000 SF

      Retail Space with Drive-Thru

      2,000 SF retail space with drive-thru in Rome, GA.
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    • $2,500 /Mo
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      Retail Space in Rome, GA

      Commercial space for lease with high visibility and traffic.
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    • $2,200 /Mo
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      Office space available for rent in Rome, Georgia.
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    • $20 SF/Yr
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    • Contact for pricing
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      View Details
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    Rome, GA 30161-5215
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    Realmo Value Estimation

    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.

    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.

    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
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