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Property profile & analytics

2507 Shorter Ave Rome, GA 30165

  • Retail space
  • 4,400 SF
  • 0.71 lot acres
For Sale
Last Sale
Apr 08, 2025
$325,000
Value Estimations
Cap Rate Potential
7.4%
Retail space
Location Intelligence
Property ID
US22-2773299
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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

based on Realmo’s proprietary methodology
  • 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
    Market price range: $261k - $876k
    AI Estimate
    $299,000
    Market 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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,253
$105,268
$43,077
$148,345
-
$263,169
$107,692
$370,861
More about this property
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