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    Property profile & analytics

    408 1st St Rome, GA 30161-3104

    • Office Properties & Spaces
    • 2,752 SF
    OFF-MARKET
    Value Estimation
    $320,000
    Last Sale
    Jan 14, 2022
    Location Intelligence
    Property ID
    US22-2067698
    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

    • The Hoyt Firm / Personal Injury Attorney
    • Jack Pearson Construction Co / Custom Home Builder / Home Builder

    Property Details for 408 1st St

    Year built
    1960
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Property size
    2,752 SF
    Zone code
    O-I
    Property type
    Office Properties & Spaces
    APN
    J14C- -149 -
    APU
    J14C149

    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
    -85.1699
    Latitude
    34.2542
    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
    $2,460
    $24,804
    $42,384
    $67,188
    -
    $62,010
    $105,959
    $167,969

    Comparable in this City

    • Value Estimation by Request
      750 SF

      Calhoun Hwy

      OFFICE (GENERAL) • 750 SF
      Calhoun Hwy, Rome, GA 30161
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    • Value Estimation by Request
      2,016 SF

      414 1st Ave

      OFFICE (GENERAL) • 2,016 SF
      414 1st Ave, Rome, GA 30161-3218
      View Details
    • Value Estimation by Request
      1,833 SF

      1528 Calhoun NE Ave

      OFFICE (GENERAL) • 1,833 SF
      1528 Calhoun NE Ave, Rome, GA 30161-7004
      View Details
    • Value Estimation by Request
      4,640 SF

      3367 Cave Spg SW Rd

      OFFICE (GENERAL) • 4,640 SF
      3367 Cave Spg SW Rd, Rome, GA 30161-9544
      View Details
    • Value Estimation by Request
      2,592 SF

      Romega Pl

      OFFICE (GENERAL) • 2,592 SF
      Romega Pl, Rome, GA 30161
      View Details
    • Value Estimation
      $370,000
      2,812 SF

      2004 Dean SE Ave

      OFFICE (GENERAL) • 2,812 SF
      2004 Dean SE Ave, Rome, GA 30161-6602
      View Details

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    Similar Nearby for Lease

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      Freestanding Remodeled Office Building

      Move-in ready office building for rent in Rome, Georgia.
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      Office Space in Rome, GA

      Office space available for rent in Rome, Georgia.
      409 E 1St Ave, Rome, GA 30161
      View Details
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    Rome, GA 30161-3104
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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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