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Property profile & analytics
OFF-MARKET
Estimated value
$2,495,000
Retail space
2700 Martha Berry NE Hwy Rome, GA 30165-7751
Entity Owned
11-yr Hold
Free & Clear
Property ID
US22-2763919
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Dollar Tree Discount Store
-
Inland Southern Management Business Management Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.20M
Comparable Approach
Comparable
$2.60M
Blend (final)
Blend
$2.50M
Owner & transaction history
Commercial Properties Meadows · 11 yrs held
Commercial Properties Meadows
since 2014
2 recorded transactions
Zoning & alternative use
C-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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,465,000
6.5%
$3,200,000
7%
$2,970,000
Alternative Use
Use
Estimation
RETAIL STORES
$4,000,000
Current use
Blend value · Realmo final
$2.50M
Range $2.25M – $2.74M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$75 / SF
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
$25,028
Tax year 2023
Assessed value
$840,000
Assessed 2023
Previous assessed
$840,000
+0.0% YoY
Effective rate
2.98%
On assessed value
Assessed land
$400,982
Assessed improvement
$439,018
Land market value
$1,002,455
Improvement market value
$1,097,545
Total market value
$2,100,000
Applied tax rate
8.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2000
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
CENTRAL
Total area
33,338 SF
Lot
4.03 ac (175,547 SF)
Zoning code
C-C
APN
J12X- -016 -
UPID
US22-2763919
Jurisdiction
FLOYD
Zoning & alternative use
C-C · Rome, GA
Zoning C-C · permitted uses
C-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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$4.0M
RETAIL STORES Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
Yes
Lot
4.03 ac
Current owner
From public records · entity-resolved
Commercial Properties Meadows
Entity
Free & Clear · 11 yrs held
Mailing address
4141 SOUTHPOINT DR E STE B, JACKSONVILLE, FL 32216-8061
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 27, 2014
$1,920,000
Commercial Properties Meadows
Ddr Southeast Rome LLC
Grant Deed
—
Oct 27, 2014
—
Commercial Properties Meadows
Ddr Southeast Rome LLC
Quit Claim Deed
related
$1,290,000 · Miscellaneous Ins Co
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.
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