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Property profile & analytics
OFF-MARKET
Turn key restaurants
238 Broad St Rome, GA 30161-3022
Entity Owned
16-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-4751901
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1901
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,237 SF
Lot
0.11 ac (4,792 SF)
Zoning code
C-B-C
APN
J14D- -059 -
UPID
US22-4751901
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
-
Mellow Mushroom Rome Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jamac Properties LLC · 16 yrs held
Jamac Properties LLC
since 2010
7 recorded transactions
Zoning & alternative use
C-B-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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$18,074
Tax year 2023
Assessed value
$493,629
Assessed 2023
Previous assessed
$493,629
+0.0% YoY
Effective rate
3.66%
On assessed value
Assessed land
$22,579
Assessed improvement
$471,050
Land market value
$56,448
Improvement market value
$1,177,626
Total market value
$1,234,074
Applied tax rate
6.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1901
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
CENTRAL
Buildings
2
Total area
4,237 SF
Lot
0.11 ac (4,792 SF)
Zoning code
C-B-C
APN
J14D- -059 -
UPID
US22-4751901
Jurisdiction
FLOYD
Zoning & alternative use
C-B-C · Rome, GA
Zoning C-B-C · permitted uses
C-B-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
1901
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Buildings
2
Lot
0.11 ac
Current owner
From public records · entity-resolved
Jamac Properties LLC
Entity
Mailing address
385 WEBB RD SW, CALHOUN, GA 30701-3257
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2010
$795,000
Jamac Properties LLC
United Cmnty Bk
Grant Deed
$675,750 · United Community Bank
Jun 25, 2010
$795,000
Jamac Properties LLC
United Community Bank
Grant Deed
—
May 14, 2010
$850,000
United Cmnty Bk
238 Broad Partners LLC
Trustees Deed
related
—
May 4, 2010
$850,000
United Community Bank
238 Broad Partners LLC
Grant Deed
—
Dec 18, 2007
—
238 Broad Partners LLC
—
Trustees Deed
related
$200,000 · Castle Farms Ents LLC
Dec 20, 2006
$337,000
238 Broad Partners LLC
Third & Broad LLC
Warranty Deed
$280,000 · United Community Bank
Jul 25, 2006
$325,000
Third & Broad LLC
Massey,john W
Warranty Deed
$264,000 · River City Bank
—
—
238 Broad Partners LLC
—
Loan Modification
related
$899,901 · United Community Bank
—
—
238 Broad Partners LLC
—
Loan Modification
related
$899,990 · United Community Bank
—
—
238 Broad Partners LLC
—
Loan Modification
related
$900,000 · United Community Bank
—
—
238 Broad Partners LLC
—
Loan Modification
related
$899,990 · United Community Bank
—
—
Jamac Properties LLC
—
Loan Modification
related
$1,540,318 · United Community Bank
—
—
Jamac Properties LLC
—
Loan Modification
related
$1,499,934 · United Community Bank
—
—
Jamac Properties LLC
—
Loan Modification
related
$1,490,000 · United Community Bank
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.
Try Rey
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