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Property profile & analytics
FOR SALE
Land

8 Covey Rise Dr NE Rome, GA 30161

1.31 ac lot
Property ID
US22-2707448
8 Covey Rise Dr NE, Rome, GA 30161 For Sale
$85,000
8 Covey Rise Dr NE, Rome, GA 30161
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Property summary
AI-generated overview

This exceptional 1.31-acre commercial lot presents a remarkable opportunity in Rome, Georgia. Located at 8 Covey Rise Drive NE, 30161, this property is situated within a desirable new subdivision, offering unparalleled convenience. Just minutes from Downtown Rome, it enjoys easy access to the East Rome Bypass, Hwy 411, and Hwy 53, ensuring excellent visibility and connectivity. The lot itself is mostly level and cleared, making it ideal for immediate construction. The subdivision boasts a thoughtfully designed aesthetic, featuring a striking entrance with stone columns and rail fencing, enhancing the overall appeal and property value. Underground utilities, sidewalks, curb and gutters, and custom street lighting are already in place, minimizing development costs and expediting the building process. This wooded lot offers a tranquil setting while remaining conveniently close to the city's amenities and major transportation routes. The asking price is $85,000, representing a compelling investment opportunity for developers and businesses seeking a prime location in a thriving community. Floyd County location adds to the appeal. Don't miss this chance to secure a piece of Rome's promising future.

Property profile
Verified
Property type Land
Lot 1.31 ac (57,064 SF)
UPID US22-2707448
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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