Property profile

500 2nd St Rome, GA 30161

OFF-MARKET
Office Spaces
Property ID
US22-0560832
4,149 SF Built 1965
Individually Owned 13-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1965
Construction WOOD FRAME
Total area 4,149 SF
Zoning code N-O-C
APN J14C- -187 -
UPID US22-0560832

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Tax Preparation
  • Financial Advisor

Location

500 2nd St Rome, GA 30161-3112
Rome metro Census 1100 ROME, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$630k
Comparable Approach Comparable
$817k
Blend (final) Blend
$210k

Owner & transaction history

since 2013
4 recorded transactions
2016
Price N/A
2013
Price N/A
2013
Price N/A
1969
Price N/A

Zoning & alternative use

N-O-C · Rome, GA
Zoning description

g. N-O-C Neighborhood Office Commercial (1) The N-O-C Neighborhood Office Commercial District is established to accommodate modestly sized professional offices and retail services in close proximity to and in harmony wit…

General category COMMERCIAL
Top alternative use upside
Medical building $615,000 +14.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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