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Property profile & analytics
OFF-MARKET
Estimated value
$1,215,000
Medical Office Space
2304 Shorter NW Ave, Rome, GA 30165-1944
Entity Owned
2-yr Hold
Free & Clear
Property ID
US22-2527382
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1995
Construction
WOOD FRAME
Total area
4,754 SF
Lot
0.57 ac (24,829 SF)
Zoning code
C-C
APN
H13X- -284 -
UPID
US22-2527382
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
-
Dustin Jones Physician
-
AdventHealth Wound Care and Hyperbaric Medicine Rome Medical Clinic
-
Christopher Lee Robinson Physician Medical Clinic
-
Redmond Wound Care Hospital
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.43M
CAP Approach
CAP
$850k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.22M
Owner & transaction history
Redmond Park Hospital LLC · 2 yrs held
Redmond Park Hospital LLC
since 2023
Last sale
$1.6M
2 recorded transactions
Zoning & alternative use
C-C · Rome, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$1,235,000
ML approach
$1,430,000
CAP Approach
CAP Return
Estimation
6%
$920,000
6.5%
$850,000
7%
$790,000
Blend value · Realmo final
$1.22M
Range $1.09M – $1.34M · ±10% · vs last sale $1.59M (Sep 15 2023)
Last sale anchor
$1.59M
Sep 15 2023
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
$256 / 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
Assessed value
$266,871
Assessed 2023
Previous assessed
$266,871
+0.0% YoY
Assessed land
$85,098
Assessed improvement
$181,773
Land market value
$212,745
Improvement market value
$454,433
Total market value
$667,178
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1995
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
CENTRAL
Total area
4,754 SF
Lot
0.57 ac (24,829 SF)
Zoning code
C-C
APN
H13X- -284 -
UPID
US22-2527382
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.
Building & site characteristics
From public records
Year built
1995
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
Yes
Lot
0.57 ac
Current owner
From public records · entity-resolved
Redmond Park Hospital LLC
Entity
Free & Clear · 2 yrs held
Mailing address
2304 SHORTER AVE NW, ROME, GA 30165-1944
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 15, 2023
$1,587,500
Redmond Park Hospital LLC
Northwest Georgia LLC
Special Warranty Deed
—
Sep 4, 2021
—
Redmond Park Hospital LLC
Hca Health Svcs Of Georgia INC
Warranty Deed
—
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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