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    Property profile & analytics

    402 2nd Ave Rome, GA 30161-3224

    • Office Properties & Spaces
    • 6,240 SF
    OFF-MARKET
    Value Estimation
    $355,000
    Last Sale
    Jul 05, 2023
    Location Intelligence
    Property ID
    US22-2503569
    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

    • Office Properties & Spaces

    Property Details for 402 2nd Ave

    Year built
    1963
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Property size
    6,240 SF
    Zone code
    C-C
    Property type
    Office Properties & Spaces
    APN
    J14F- -053 -
    APU
    J14F053

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rome
    County
    Floyd
    State
    Georgia
    Longitude
    -85.171
    Latitude
    34.2487
    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
    $7,732
    $41,421
    $178,779
    $220,200
    -
    $103,552
    $446,947
    $550,499

    Comparable in this City

    • Value Estimation by Request
      4,396 SF

      96 Callahan St

      Office space • 4,396 SF
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    • Value Estimation by Request
      2,108 SF

      333 Branham SW Ave

      OFFICE (GENERAL) • 2,108 SF
      333 Branham SW Ave, Rome, GA 30161-4407
      View Details
    • Value Estimation by Request
      896 SF

      Harvey St

      OFFICE (GENERAL) • 896 SF
      Harvey St, Rome, GA 30161
      View Details
    • Value Estimation by Request
      2,240 SF

      923 1st NE St

      OFFICE (GENERAL) • 2,240 SF
      923 1st NE St, Rome, GA 30161-5225
      View Details
    • Value Estimation by Request
      936 SF

      1407 2nd SE Ave

      OFFICE (GENERAL) • 936 SF
      1407 2nd SE Ave, Rome, GA 30161-6462
      View Details
    • Value Estimation by Request
      25,855 SF

      180 Burlington NE Rd

      OFFICE (GENERAL) • 25,855 SF
      180 Burlington NE Rd, Rome, GA 30161-9815
      View Details

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    Similar Nearby for Lease

    • $4,400 /Mo
      69,260 SF

      Office Space in Rome, GA

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      Office space available for lease in Rome, Georgia.
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      Downtown Rome Office Suite

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    • $1,800 /Mo
      2,584 SF

      Freestanding Remodeled Office Building

      Move-in ready office building for rent in Rome, Georgia.
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    • $2,200 /Mo
      68,000 SF

      Office Space in Rome, GA

      Office space available for rent in Rome, Georgia.
      409 E 1St Ave, Rome, GA 30161
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    • $1,050 /Mo
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      Downtown Rome Office Space

      Office space available for rent in Downtown Rome, Georgia.
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    402 2nd Ave
    Rome, GA 30161-3224
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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