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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Grocery and convenience stores
2004 Broad NE St Rome, GA 30161
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-2031910
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,886 SF
Lot
1.06 ac (46,174 SF)
Zoning code
C-C
APN
J13W- -183 -
UPID
US22-2031910
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
by Request
CAP Approach
CAP
$490k
Comparable Approach
Comparable
$484k
Blend (final)
Blend
$525k
Owner & transaction history
Ssa 1 Holdings INC · 1 yrs held
Ssa 1 Holdings INC
since 2024
7 recorded transactions
Zoning & alternative use
C-C · Rome, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$315,000
+382.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Rome submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rome submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$530,000
6.5%
$490,000
7%
$455,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$315,000
Change: +383% · Conversion: Easy
Blend value · Realmo final
$525k
Range $473k – $578k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$182 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$11,003
Tax year 2023
Assessed value
$313,360
Assessed 2023
Previous assessed
$313,360
+0.0% YoY
Effective rate
3.51%
On assessed value
Assessed land
$49,067
Assessed improvement
$264,293
Land market value
$122,667
Improvement market value
$660,732
Total market value
$783,399
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
CENTRAL
Total area
2,886 SF
Lot
1.06 ac (46,174 SF)
Zoning code
C-C
APN
J13W- -183 -
UPID
US22-2031910
Jurisdiction
FLOYD
Zoning & alternative use
C-C · Rome, GA
Zoning C-C · permitted uses
C-C · Rome, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rome. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$315,000
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Lot
1.06 ac
Current owner
From public records · entity-resolved
Ssa 1 Holdings INC
Entity
Mailing address
6 BELMONT CT SE, ROME, GA 30161-7248
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2024
—
Ssa 1 Holdings INC
Simerjit Kaur
Warranty Deed
—
Oct 13, 2014
—
Martin Trust
Martin,larry C
Quit Claim Deed
related
—
Jul 23, 2013
$346,700
Sarabjeet Singh
Martin,larry C
Grant Deed
$248,538 · Larry C Martin
Jul 17, 2013
$850,000
Sarabjeet Singh
Martin,larry C
Grant Deed
—
Nov 21, 2012
—
Larry C Martin
—
Trustees Deed
related
$100,000 · Sarabjeet Singh
—
—
Larry C Martin
—
Deed Of Trust
related
$100,000 · Singh
—
—
Larry C Martin
—
Deed Of Trust
related
$50,000 · Singh
—
—
Larry C Martin
—
Deed Of Trust
related
$200,000 · Sarabjett Singh
—
—
Larry C Martin
—
Deed Of Trust
related
$50,000 · Sarabjeet Singh
—
—
Sarabjeet Singh
—
Loan Modification
related
$750,000 · Standard Insurance Co
—
—
Larry C Martin
—
Deed Of Trust
related
$750,000 · Standard Insurance Co
—
—
Larry C Martin
—
Deed Of Trust
related
$200,000 · Singh
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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