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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2000 Calhoun NE Rd Rome, GA 30161-8978

    • Outlet malls
    • 10,780 SF
    • 2.01 lot acres
    OFF-MARKET
    Value Estimations
    $1,065,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-0027836
    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

    • Western Union / Money Transfer Service
    • Dollar General / Convenience Store / Dollar Store

    Property Details for 2000 Calhoun NE Rd

    Year built
    2022
    Lot size
    2.01 lot acres
    Property size
    10,780 SF
    Zone code
    C-C
    Property type
    Outlet malls
    APN
    K13W- -022B -
    APU
    K13W022B

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,120,000
      6.5%
      $1,035,000
      7%
      $960,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,193,000
      Market price range: $678k - $2.15M
      AI Estimate
      $962,000
      Market price range: $451k - $1.45M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,175,000
      Current use
      MEDICAL BUILDING
      $1,595,000
      Change: +36% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,395,000
      Change: +19% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Rome
    County
    Floyd
    State
    Georgia
    Longitude
    -85.1009
    Latitude
    34.3644
    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
    $11,943
    $23,316
    $393,235
    $416,551
    -
    $58,290
    $983,087
    $1,041,377

    Comparable in this City

    • Value Estimation
      $680,000
      8,125 SF

      2006 Kingston SE Hwy

      WHOLESALE OUTLET, DISCOUNT STORE • 8,125 SF
      2006 Kingston SE Hwy, Rome, GA 30161-8953
      View Details
    • Value Estimation
      $860,000
      10,420 SF

      5785 New Calhoun NE Hwy

      WHOLESALE OUTLET, DISCOUNT STORE • 10,420 SF
      5785 New Calhoun NE Hwy, Rome, GA 30161-8227
      View Details
    • Value Estimation
      $5,060,000
      47,226 SF

      154 Hicks SE Dr

      WHOLESALE OUTLET, DISCOUNT STORE • 47,226 SF
      154 Hicks SE Dr, Rome, GA 30161-6064
      View Details
    • Value Estimation
      $9,935,000
      184,996 SF

      825 Cartersville SE Hwy

      WHOLESALE OUTLET, DISCOUNT STORE • 184,996 SF
      825 Cartersville SE Hwy, Rome, GA 30161-8449
      View Details
    • Value Estimation
      $8,230,000
      101,860 SF

      103 Hicks SE Dr

      WHOLESALE OUTLET, DISCOUNT STORE • 101,860 SF
      103 Hicks SE Dr, Rome, GA 30161-6063
      View Details
    • Value Estimation
      $3,910,000
      19,026 SF

      420 Hwy 411th SE

      WHOLESALE OUTLET, DISCOUNT STORE • 19,026 SF
      420 Hwy 411th SE, Rome, GA 30161-8571
      View Details

    Similar Nearby for Sale

    • $1,450,000
      9,300 SF

      Prime Shopping Center Near Downtown

      Fully leased shopping center near downtown Rome, Georgia.
      1012 N Broad St NE, Rome, GA 30161
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    • $325,000
      Pending

      Versatile Commercial Building Near Downtown

      Visible commercial building near downtown Rome, GA with parking.
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    • $110,000
      1,000 SF

      Prime Rome Retail Space

      High-traffic location, 1,000 sq ft.
      2112 Kingston Hwy, Rome, GA 30161
      View Details
    • New
      $249,000
      0.07 Acres

      Prime Commercial Land in Rome, GA

      Two adjoining parcels with high visibility on North Broad Street.
      1401 N Broad St NE, Rome, GA 30161
      View Details
    • $1,499,000
      5,451 SF

      Downtown Rome Commercial Building

      5,451 SF commercial building with parking in downtown Rome.
      1 Innovation Way, Rome, GA 30161
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    • $720,000
      5,706 SF

      Downtown Rome Mixed-Use Building

      Prime mixed-use building in downtown Rome with retail and residential.
      245 Broad Street Ext, Rome, GA 30161
      View Details

    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.
      672 Braves Blvd Unit, Rome, GA 30161
      View Details
    • $2,500 /Mo
      1,638 SF

      Retail Space in Rome, GA

      Commercial space for lease with high visibility and traffic.
      408 S Broad St, Rome, GA 30161
      View Details
    • $20 SF/Yr
      68,000 SF

      Renovated Cotton Warehouse Available

      Renovated commercial space in Rome, GA, starting at $20/sqft.
      314 E 1St Ave, Rome, GA 30161
      View Details
    • Contact for pricing
      568,516 SF

      Rome GA Warehouse Space

      Available warehouse space in Rome, Georgia totaling 568516 square feet.
      212 Burlington Rd NE, Rome, GA 30161
      View Details
    • $20 SF/Yr
      68,000 SF

      Renovated Cotton Warehouse Available

      Renovated commercial space in Rome, GA, with tenant improvements.
      314 E 1St Ave, Rome, GA 30161
      View Details
    • $4,400 /Mo
      69,260 SF

      Office Space in Rome, GA

      Office space for rent with utilities included in Rome.
      800 Broad Street Ext, Rome, GA 30161
      View Details
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    2000 Calhoun NE Rd
    Rome, GA 30161-8978
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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