2507 Shorter Ave Rome, GA 30165
- Retail space
- 4,400 SF
- 0.71 lot acres
Current Use by Public Records
- Easy Money / Pawn Shop
Property Details for 2507 Shorter Ave
- Year built
- 1958
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.71 lot acres
- Property size
- 4,400 SF
- Zone code
- C-C
- Property type
- Retail space
- APN
- H13X- -350 -
- APU
- H13X350
Description
This exceptional 4,400 square foot commercial property, situated on a 0.71-acre lot at 2507 Shorter Avenue in Rome, Georgia, presents a remarkable opportunity for businesses seeking high visibility and accessibility. Located on Shorter Avenue, this property benefits from significant daily traffic volume, ensuring substantial exposure for any tenant. The expansive parking lot provides ample space for customers and employees. The building itself offers considerable flexibility. Its current configuration includes two large rooms, ideal for a variety of uses, and a convenient garage area equipped with a roll-up door, suitable for storage or specialized operations. The property's size and layout also allow for the possibility of subdivision, making it an attractive option for multiple tenants seeking smaller spaces. This versatile property is perfectly positioned to capitalize on the strong retail environment in its immediate vicinity. The asking price is $477,500. This is a rare opportunity to acquire a well-located, adaptable commercial space in a thriving market. Don't miss out on this chance to establish or expand your business in a prime Rome location.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $370,000
- ML approach
- $310,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $460,000
- 6.5%
- $420,000
- 7%
- $390,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $458,000
- AI Estimate
- $299,000
Market price range: $261k - $876kMarket price range: $158k - $569k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $530,000 Current use
- COMMERCIAL (GENERAL)
- $605,000 Change: +14% Conversion: Easy
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Rome
- County
- Floyd
- State
- Georgia
- Longitude
- -85.2395
- Latitude
- 34.2717
- CBSA code
- 40660
- CBSA name
- ROME, GA METROPOLITAN STATISTICAL AREA