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    Property profile & analytics

    506 3rd St Rome, GA 30161-3118

    • Office Properties & Spaces
    • 2,400 SF
    OFF-MARKET
    Value Estimation
    $270,000
    Location Intelligence
    Property ID
    US22-2152822
    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

    • George Faile Foundation / Foundation
    • R L Jennings & Associates / Tax Preparation Service
    • R L Jennings & Associates: Jennings R Lee CPA / Tax Preparation Service

    Property Details for 506 3rd St

    Year built
    1960
    Construction
    WOOD FRAME
    Property size
    2,400 SF
    Zone code
    N-O-C
    Property type
    Office Properties & Spaces
    APN
    J14C- -333 -
    APU
    J14C333

    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
    -85.1675
    Latitude
    34.2535
    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
    $2,655
    $24,881
    $50,731
    $75,612
    -
    $62,203
    $126,828
    $189,031

    Comparable in this City

    • Value Estimation by Request
      1,980 SF

      301 Darlington SW Dr

      OFFICE (GENERAL) • 1,980 SF
      301 Darlington SW Dr, Rome, GA 30161-6761
      View Details
    • Value Estimation by Request
      1,678 SF

      1816 Broad NE St

      OFFICE (GENERAL) • 1,678 SF
      1816 Broad NE St, Rome, GA 30161-5306
      View Details
    • Value Estimation by Request
      1,008 SF

      1705 Broad NE St

      OFFICE (GENERAL) • 1,008 SF
      1705 Broad NE St, Rome, GA 30161-5343
      View Details
    • Value Estimation
      $185,000
      2,400 SF

      Cave Spg Rd

      OFFICE (GENERAL) • 2,400 SF
      Cave Spg Rd, Rome, GA 30161
      View Details
    • Value Estimation
      $420,000
      10,772 SF

      405 Cedar SW Ave

      OFFICE (GENERAL) • 10,772 SF
      405 Cedar SW Ave, Rome, GA 30161
      View Details
    • Value Estimation by Request
      1,500 SF

      708 Gln Milner Blvd

      OFFICE (GENERAL) • 1,500 SF
      708 Gln Milner Blvd, Rome, GA 30161-3170
      View Details

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    Similar Nearby for Lease

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      Office space for rent with utilities included in Rome.
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      View Details
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    • $2,200 /Mo
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      Office Space in Rome, GA

      Office space available for rent in Rome, Georgia.
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      View Details
    • $950 /Mo
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      Downtown Rome Office Space

      944 SF office space in downtown Rome, Georgia.
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      View Details
    • $1,500 /Mo
      1,630 SF

      Downtown Rome Office Suite

      1630 SF office suite in downtown Rome, Georgia.
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    • $1,800 /Mo
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      Move-in ready office building for rent in Rome, Georgia.
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    Rome, GA 30161-3118
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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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