Property profile

237 N 5Th Ave SW Rome, GA 30165

FOR LEASE
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Property ID
US22-2492705
5,600 SF 0.11 ac Built 1970
Last sale Oct 2012·$290,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This two-story office building comprises 5,600 square feet and was constructed in 1970. The main level includes a reception area, five private offices, a conference room, a kitchenette, and two restrooms. The upper level contains seven private offices, a kitchenette, and two restrooms. The property is located at 237 N 5th Ave SW in downtown Rome’s River District, along the AdventHealth ECO Greenway and the Oostanaula River. Parking is provided via a private lot behind the building, with…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$121k
Assessed land$20k
Assessed improvement$101k
Effective rate3.66%

Value estimate

· Nov 2026
$245k
$221k – $270k
AI approach$245k
NOI build-up
Gross scheduled income$84k
Vacancy & credit loss−$19k
Operating expenses−$16k
NOI$49k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$137/SF
ZIP average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$64 – $221
Qualifying comparables7

Cap rate analysis

How does the asset earn?
$49k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
U-M-U
The P-D Planned Development District is established Firstly to provide a district for addressing specific site and building design issues...
General categoryPLANNED_DEVELOPMENT
JurisdictionFLOYD

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop9.1
Shoe Repair8.6
Catering Service8.4

Location

237 N 5Th Ave SW Rome, GA 30165
County assessor Recorded deeds · 5 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
101 Redmond NW, Rome, GA 30165-1535 $870,492 Feb 2025 4,591 SF
309 10th NE, Rome, GA 30165-2638 $525,000 Jan 2024 6,193 SF
2304 Shorter NW, Rome, GA 30165-1944 $1,587,500 Sep 2023 4,754 SF
310 10th NE, Rome, GA 30165-2639 $400,000 Apr 2023 4,388 SF
4 Professional SW, Rome, GA 30165-2832 $445,000 Mar 2023 4,560 SF
4451 Alabama NW, Rome, GA 30165-9200 $300,000 Mar 2022 4,820 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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