Property profile

2700 Martha Berry NE Hwy Rome, GA 30165

OFF-MARKET
Retail space
Property ID
US22-2763919
33,338 SF 4.03 ac lot Built 2000
Entity Owned 11-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional retail opportunity presents a 24,000 square foot outparcel strategically located at 2700 Martha Berry Highway in Rome, Georgia, within the Mt. Berry Mall area. The property boasts excellent visibility and accessibility from Martha Berry Highway, a major thoroughfare in north Rome. Previously occupied by Party City, the space offers significant flexibility. It can be leased as a single 24,000 square foot unit or divided into two 12,000 square foot spaces, catering to a variety of retail tenants. The property is situated next to a Dollar Tree, ensuring high foot traffic and a strong retail synergy. Possession is estimated for May 1st. This is an ideal location for businesses seeking high visibility and convenient access in a thriving retail corridor. The property is classified as retail, single-tenant occupancy, and totals 24,000 square feet. Located in Floyd County, Georgia, with a zip code of 30165, this property presents a compelling investment opportunity in a dynamic retail market. The property's size and location make it suitable for a wide range of retail uses.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2000
Construction WOOD FRAME
Total area 33,338 SF
Lot 4.03 ac (175,547 SF)
Zoning code C-C
APN J12X- -016 -
UPID US22-2763919

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Discount Store
  • Business Management Consultant

Location

2700 Martha Berry NE Hwy Rome, GA 30165-7751
Rome metro Census 204 ROME, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.20M
Comparable Approach Comparable
$2.60M
Blend (final) Blend
$570k

Owner & transaction history

since 2014
2 recorded transactions
2014
$1.9M
2014
Price N/A

Zoning & alternative use

C-C · Rome, GA
Zoning description

i. C-C Community Commercial (1) The C-C Community Commercial District is established to provide a location for a full-range of retail and office development serving the general needs of the community. The C-C District is…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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