Property profile

405 Cedar Ave SW Rome, GA 30161

FOR SALE
Office Spaces
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Property ID
US22-2190226
10,772 SF 1 ac Built 1980
Last sale Mar 2024·$400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$153k
Assessed land$21k
Assessed improvement$131k
Effective rate3.51%

Value estimate

· Nov 2026
$400k
$360k – $440k
AI approach$400k
NOI build-up
Gross scheduled income$162k
Vacancy & credit loss−$11k
Operating expenses−$53k
NOI · 7.53% cap applied$98k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$130/SF
ZIP average, outlier-cleaned · 67 recorded sales of this use type
Observed band · Q1–Q3$66 – $197
Qualifying comparables5

Cap rate analysis

How does the asset earn?
7.53%
$98k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
L-I
The L-I Light Industrial District is intended to provide areas for light manufacturing uses that primarily involve finishing, or assembly...
General categoryINDUSTRIAL
JurisdictionFLOYD

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply14.8
Restaurant13.9
Wholesale Shop12.5

Location

405 Cedar Ave SW Rome, GA 30161
County assessor Recorded deeds · 8 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1004 Spider Webb SE, Rome, GA 30161 $30,000 Feb 2025 3,996 SF
107 8th, Rome, GA 30161-2924 $435,000 Sep 2023 3,738 SF
3 Riverside SE, Rome, GA 30161 $1,766,238 Dec 2022 6,720 SF
710 1st, Rome, GA 30161-3146 $650,000 Nov 2022 5,156 SF
1401 Dean SE, Rome, GA 30161-6494 $1,477,500 Apr 2022 27,070 SF
232 Gln Milner, Rome, GA 30161-3236 $357,700 Feb 2022 4,800 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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