7 Armstrong NW St Rome, GA 30165-2401

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GA
Rome
30165
7 Armstrong NW St

Property profile & analytics

7 Armstrong NW St, Rome, GA 30165-2401

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Warehouses
20,244 SF
0.92 lot acres

Off-Market

Last Sale Dec 8, 2021

$1,828,381

Property ID

US22-2493005

Value Estimations

$1,795,000

Show details

Cap Rate Potential

8.7%

Warehouses

Location Intelligence

Current Use by Public Records

Warehouses

Property Details for 7 Armstrong NW St

Year built: 1996
Construction: WOOD FRAME
Lot size: 0.92 lot acres
Zone code: C-C
Property type: Warehouses
APN: I13Z- -063 -
APU: I13Z063

Sales History

Date	Price	Buyer	Seller	Deed Type	Mortgage
Jun 9, 2022	—	Nm Wit LLC	—	Deed · related	$32.1M · Goldman Sachs Bank USA
Dec 8, 2021	$1,828,381	Nm Wit LLC	Wittichen Supply Co LLC	Warranty Deed	—
Jul 30, 2021	—	Wittichen Supply Company LLC	Wittichen Supply Company	Limited Warranty Deed	—

Value Estimations

based on Realmo’s proprietary methodology

AI approach

Method

Estimation

Statistic approach

$1,705,000

ML approach

$1,815,000
CAP approach

CAP Return

Estimation

6%

$2,475,000

6.5%

$2,285,000

7%

$2,125,000
Comparable approach

Method

Estimation

Statistic Estimate

$1,232,000

Market price range: $279k - $1.23M

AI Estimate

$1,471,000

Market price range: $513k - $1.47M
Alternative Use

Use

Estimation

COMMERCIAL (GENERAL)

$2,780,000

RETAIL STORES

$2,430,000

Get a detailed, property-specific estimation — fast and free

Location Insight

Map
Local Demand

City: Rome
County: Floyd
State: Georgia
Longitude: -85.1965
Latitude: 34.2693
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

2024

$22,400

$87,802

$544,714

$632,516

$219,505

$1,361,784

$1,581,289

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