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Property profile & analytics
OFF-MARKET
Estimated value
$5,590,000
Hotels
320 3rd SW St Rome, GA 30165-2803
Entity Owned
Free & Clear
Property ID
US22-2603261
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2017
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
108,547 SF
Lot
1.54 ac (67,082 SF)
Zoning code
U-M-U
APN
J14D- -003 -
UPID
US22-2603261
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
-
WW Studio @ Courtyard Rome Riverwalk Weight Loss Service Wellness Center
-
Courtyard Rome Riverwalk Hotel & Motel
-
2018 Sponsors — Confluence Association Or Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.36M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.59M
Owner & transaction history
DUKE LODGING ROME LLC
DUKE LODGING ROME LLC
Zoning & alternative use
U-M-U · Rome, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$8.5M
+28.6%
Medical building
$7.1M
+7.9%
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%
$5,800,000
6.5%
$5,355,000
7%
$4,970,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$6,615,000
Current use
RETAIL STORES
$8,505,000
Change: +29% · Conversion: Difficult
MEDICAL BUILDING
$7,140,000
Change: +8% · Conversion: Difficult
WAREHOUSE, STORAGE
$5,350,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$5.59M
Range $5.03M – $6.15M · ±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
$51 / 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
$330,149
Tax year 2023
Assessed value
$9,017,006
Assessed 2023
Previous assessed
$9,017,006
+0.0% YoY
Effective rate
3.66%
On assessed value
Assessed land
$90,561
Assessed improvement
$8,926,445
Land market value
$226,402
Improvement market value
$22,316,113
Total market value
$22,542,515
Applied tax rate
7.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2017
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Total area
108,547 SF
Lot
1.54 ac (67,082 SF)
Zoning code
U-M-U
APN
J14D- -003 -
UPID
US22-2603261
Jurisdiction
FLOYD
Zoning & alternative use
U-M-U · Rome, GA
Zoning U-M-U · permitted uses
U-M-U · 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
HOTEL/MOTEL Current
Est. value
$6.6M
RETAIL STORES
Est. value
$8.5M
MEDICAL BUILDING
Est. value
$7.1M
WAREHOUSE, STORAGE
Est. value
$5.4M
HOTEL/MOTEL Current
RETAIL STORES
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
2017
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Lot
1.54 ac
Current owner
From public records · entity-resolved
DUKE LODGING ROME LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 529, HIAWASSEE, GA 30546-0529
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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