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Property profile & analytics
OFF-MARKET Estimated value $7,045,000
Showrooms

1500 Veterans Memorial NE Hwy Rome, GA 30161-1970

29,788 SF 8 ac lot Built 2008
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US22-2042007
Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 2008
Construction CONCRETE
Total area 29,788 SF
Lot 8 ac (348,480 SF)
Zoning code C-C
APN K12Y- -029 -
UPID US22-2042007
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
  • Nissan Parts Auto Parts Store
  • Shottenkirk Nissan Rome Service Auto Repair Shop
  • Nissan Charging Station Electric Vehicle Charging Station
  • Shottenkirk Nissan Rome Parts Auto Parts Store
  • Heritage Nissan Service Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$6.99M
CAP Approach CAP
$4.54M
Comparable Approach Comparable
$5.87M
Blend (final) Blend
$7.05M
Owner & transaction history
Welborn Family Properties Lllp · 1 yrs held
Welborn Family Properties Lllp
since 2024
Last sale
$7.0M
7 recorded transactions
2024
Price N/A
2024
$7.0M
2022
$7.4M
2006
$1.2M
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C-C · Rome, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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…

Zone name Community Commercial
General category INDUSTRIAL
Zone area 2,359.64 ac
Top alternative use upside
Restaurant $6.1M +57.7%
Medical building $4.4M +14.2%
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