Back to Search
Property profile & analytics
FOR LEASE
Grocery and convenience stores
435 Turner Mccall Blvd NE Rome, GA 30165
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US22-2769237
For Lease
1 / 2
$6,020,000
435 Turner Mccall Blvd NE, Rome, GA 30165
View Listing →
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2013
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
54,817 SF
Lot
8.82 ac (384,199 SF)
Zoning code
C-C
APN
J13Y- -430 -
UPID
US22-2769237
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
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
City National Bank - Presto ATM Atm Bank
-
Western Union Bank Credit Union
-
higi Physician
-
Primo Water Refill Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.26M
Comparable Approach
Comparable
$7.08M
Blend (final)
Blend
$6.02M
Owner & transaction history
Northwest Ga Housing Authority · 14 yrs held
Northwest Ga Housing Authority
since 2012
6 recorded transactions
Zoning & alternative use
C-C · Rome, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$8.1M
+23.2%
Commercial (general)
$7.5M
+14.3%
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%
$5,700,000
6.5%
$5,260,000
7%
$4,885,000
Alternative Use
Use
Estimation
RETAIL STORES
$6,580,000
Current use
MEDICAL BUILDING
$8,110,000
Change: +23% · Conversion: Difficult
COMMERCIAL (GENERAL)
$7,525,000
Change: +14% · Conversion: Easy
Blend value · Realmo final
$6.02M
Range $5.42M – $6.62M · ±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
$110 / 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
$206,961
Tax year 2023
Assessed value
$6,934,075
Assessed 2023
Previous assessed
$6,934,075
+0.0% YoY
Effective rate
2.98%
On assessed value
Assessed land
$1,268,434
Assessed improvement
$5,665,641
Land market value
$3,171,086
Improvement market value
$14,164,102
Total market value
$17,335,188
Applied tax rate
4.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
For Lease
Year built
2013
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Buildings
4
Total area
54,817 SF
Lot
8.82 ac (384,199 SF)
Zoning code
C-C
APN
J13Y- -430 -
UPID
US22-2769237
Jurisdiction
FLOYD
Zoning & alternative use
C-C · Rome, GA
Zoning C-C · permitted uses
C-C · 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
RETAIL STORES Current
Est. value
$6.6M
MEDICAL BUILDING
Est. value
$8.1M
COMMERCIAL (GENERAL)
Est. value
$7.5M
RETAIL STORES Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
2013
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Buildings
4
Lot
8.82 ac
Current owner
From public records · entity-resolved
Northwest Ga Housing Authority
Entity
Mailing address
PO BOX 32018, LAKELAND, FL 33802-2018
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 20, 2012
—
Northwest Ga Housing Authority
Hud-housing Of Urban Dev
Quit Claim Deed
$3,900,000 · Georgia Commerce Bank
Mar 1, 2012
$3,868,000
Madison Retail Rome LLC
Northwest Georgia Housing Authority
Grant Deed
—
Mar 1, 2012
—
Madison Retail Rome LLC
City Of Rome
Grant Deed
related
—
Jun 7, 2010
—
Georgia Housing Auth Northwest
City Of Rome Georgia
Grant Deed
—
Aug 12, 2005
—
Georgia Consolidated H Northwest
Housing Authority Of The City Of
Grant Deed
related
—
—
—
Madison Retail Rome LLC
—
Deed Of Trust
related
$11,502,000 · Georgia Commerce Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
