610 Broad St Rome, GA 30161-3012
- Grocery and convenience stores
- 1,733 SF
- 0.25 lot acres
Current Use by Public Records
- Ratliff Service Center / Auto Repair Shop
- Coastal / Gas Station
- Downtown Food Mart / Convenience Store
Property Details for 610 Broad St
- Year built
- 1968
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.25 lot acres
- Property size
- 1,733 SF
- Zone code
- C-C
- Property type
- Grocery and convenience stores
- APN
- J14C- -030 -
- APU
- J14C030
Description
This exceptional 1,733-square-foot retail property, situated on a 0.25-acre lot (10,890 square feet), presents a remarkable opportunity in the heart of Rome, Georgia. Built in 1968 and zoned CBC, this single-tenant space is currently configured as a convenience store, boasting excellent visibility and ample parking. Its strategic location on a signalized corner at the intersection of Broad Street and E 7th Avenue ensures high traffic exposure. The property is entirely vacant, offering flexibility for a variety of commercial uses. The existing infrastructure includes gas pumps and islands, which the owner is willing to remove to accommodate a buyer's specific needs. This property benefits from its position within Rome's thriving downtown area, a vibrant hub of shopping, dining, entertainment, and arts and culture. The area's continued growth makes this a particularly attractive investment. The property's size, location, and adaptability make it ideal for entrepreneurs seeking a high-traffic location in a rapidly developing commercial district. This is a rare chance to acquire a well-positioned retail space in one of Northwest Georgia's most dynamic urban centers. The property's existing convenience store setup provides a solid foundation for a continued retail operation or allows for a complete transformation to suit a new business venture. The ample parking and high visibility are key assets for any commercial enterprise.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $325,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $345,000
- 6.5%
- $330,000
- 7%
- $300,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $285,000
- Geo Method
- $285,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $290,000
- Retail
- $330,000
- Mixed-Use
- $385,000
- Hospitality
- $290,000
- Educational
- $370,000
- Residential Income
- $355,000
- Energy
- $305,000
- Income-Based Land
- $390,000
- Food Service
- $290,000
Location Insight
- Map
- Local Demand
- City
- Rome
- County
- Floyd
- State
- Georgia
- Longitude
- -85.1675
- Latitude
- 34.2563
- CBSA code
- 40660
- CBSA name
- ROME, GA METROPOLITAN STATISTICAL AREA