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    Property profile & analytics

    402 Shorter NW Ave Rome, GA 30165-4262

    • Office Properties & Spaces
    • 3,057 SF
    • 0.35 lot acres
    OFF-MARKET
    Value Estimation
    $195,000
    Last Sale
    Oct 26, 2020
    $240,000
    Location Intelligence
    Property ID
    US22-2406132
    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

    • Midian Roofing / Roofing Contractor / Carpenter
    • Midian Roofing Inc / Roofing Contractor

    Property Details for 402 Shorter NW Ave

    Year built
    1950
    Construction
    WOOD FRAME
    Lot size
    0.35 lot acres
    Property size
    3,057 SF
    Zone code
    C-C
    Property type
    Office Properties & Spaces
    APN
    I13Z- -283 -
    APU
    I13Z283

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $195,000

    • CAP approach

      CAP return
      Estimation
      6%
      $175,000
      6.5%
      $165,000
      7%
      $160,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $190,000
      Geo Method
      $190,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $185,000
      Retail
      $180,000
      Mixed-Use
      $185,000
      Hospitality
      $190,000
      Educational
      $160,000
      Residential Income
      $160,000
      Energy
      $150,000
      Income-Based Land
      $180,000
      Food Service
      $175,000

    Location Insight

    • Map
    • Local Demand
    City
    Rome
    County
    Floyd
    State
    Georgia
    Longitude
    -85.1925
    Latitude
    34.2648
    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
    $5,556
    $74,460
    $83,770
    $158,230
    -
    $186,150
    $209,425
    $395,575

    Comparable in this City

    • Value Estimation by Request
      960 SF

      10 Addington NW Dr

      OFFICE (GENERAL) • 960 SF
      10 Addington NW Dr, Rome, GA 30165-1234
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    • Value Estimation by Request
      2,600 SF

      510 Ave A SW A

      OFFICE (GENERAL) • 2,600 SF
      510 Ave A SW A, Rome, GA 30165-2879
      View Details
    • Value Estimation
      $380,000
      2,624 SF

      3rd W NW Dr

      OFFICE (GENERAL) • 2,624 SF
      3rd W NW Dr, Rome, GA 30165
      View Details
    • Value Estimation
      $180,000
      1,304 SF

      1200 Martha Berry NE Blvd

      OFFICE (GENERAL) • 1,304 SF
      1200 Martha Berry NE Blvd, Rome, GA 30165-1614
      View Details
    • Value Estimation
      $515,000
      9,900 SF

      3556 Martha Berry NE Hwy

      OFFICE (GENERAL) • 9,900 SF
      3556 Martha Berry NE Hwy, Rome, GA 30165-8635
      View Details
    • Value Estimation
      $325,000
      1,728 SF

      3041 Martha Berry NW Hwy

      OFFICE (GENERAL) • 1,728 SF
      3041 Martha Berry NW Hwy, Rome, GA 30165-7745
      View Details

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    Similar Nearby for Lease

    • $2,200 /Mo
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      Retail/Office Space in Rome, GA

      Corner lot suitable for retail or office in Rome, GA.
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    • $2,400 /Mo
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      Office space for lease with parking and recent upgrades.
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      View Details
    • Contact for pricing
      109,823 SF

      Prime Medical Office Space Available

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    • $1,000 /Mo
      1,200 SF

      Office Space in Rome, GA

      1,200 SF office space with conference room and offices.
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    • $13 SF/Yr
      3,606 SF

      Spacious Office Space in Rome

      Versatile office complex with ten offices and detached workshop.
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    • Contact for pricing

      Freestanding Building on Shorter Avenue

      Freestanding retail building in a high-traffic location.
      618 Shorter Ave NW, Rome, GA 30165
      View Details
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    Rome, GA 30165-4262
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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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