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Property profile & analytics
OFF-MARKET
Commercial real estate

16 Covey Rise Dr Rome, GA 30161

1.57 ac lot
Property ID
US22-2686785
Property summary
AI-generated overview

This exceptional 1.57-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 visibility and accessibility for any commercial venture. The property boasts a wooded, estate-sized lot, mostly level and prepared for immediate construction. Underground utilities are already in place, eliminating significant upfront costs and streamlining the development process. The subdivision features a thoughtfully designed entrance with stone columns and rail fencing, enhancing the overall aesthetic appeal and creating a welcoming atmosphere. Further contributing to the property's value are the well-maintained sidewalks, curb and gutter systems, and custom street lighting, all indicative of a high-quality development. This location offers a unique blend of tranquility and accessibility, making it an ideal site for a variety of commercial uses. The asking price for this exceptional opportunity is $90,000. The property is located at 16 Covey Rise Drive NE, Rome, GA 30161, in Floyd County. This is a rare chance to acquire a build-ready commercial lot in a thriving area with excellent infrastructure and convenient access to major transportation routes.

Property profile
Verified
Property type Commercial real estate
Lot 1.57 ac (68,389 SF)
UPID US22-2686785
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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