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Property profile & analytics
OFF-MARKET Estimated value $520,000
Strip malls

500 2nd Ave Rome, GA 30161

19,165 SF 6 ac lot Built 1959
Entity Owned Free & Clear
Property ID
US22-2724095
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1959
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 19,165 SF
Lot 6 ac (261,360 SF)
Zoning code C-C
APN J14F- -075 -
UPID US22-2724095
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
  • Central Plaza Business Service Center Corporate Office
  • Plaza Cleaners (Bike/Boat/Book/etc) Store
  • Magical Travel & Events Inc Travel Agency
  • Dance Centre the Inc Training Center
  • Griffin Design Inc (Bike/Boat/Book/etc) Store Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$480k
CAP Approach CAP
by Request
Comparable Approach Comparable
$558k
Blend (final) Blend
$520k
Owner & transaction history
ECHOTA REALTY CO
ECHOTA REALTY CO
Zoning & alternative use
C-C · Rome, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

i. C-C Community Commercial (1) The C-C Community Commercial District is established to provide a location for a full-range of retail and office development serving the general needs of the community. The C-C District is considered inappropriate for heavier commercial uses 6363 that border on being more “ light industrial ” in nature, and thus more appropria…

Zone name Community Commercial
General category INDUSTRIAL
Zone area 2,359.64 ac
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