Technology Pkwy Rome, GA 30165
h. O-I Office Institutional (1) The O-I Office Institutional District is established to provide for both private and public administrative and professional offices and on sites greater than those permitted in the N-O-C District. (2) The O-I District is established to provide for institutional uses such as hospitals, clinics, churches, schools, cemeteries, et…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
O-I · Rome, GAh. O-I Office Institutional (1) The O-I Office Institutional District is established to provide for both private and public administrative and professional offices and on sites greater than those permitted in the N-O-C District. (2) The O-I District is established to provide for institutional uses such as hospitals, clinics, churches, schools, cemeteries, etc., occurring in the more densely developed areas of Rome-Floyd County (the S-R and T-R zoning districts). This is due to the potential for conflicts between the institutional uses and densely developed residential neighborhoods. (3) Within this district the sale, wholesale, storage or processing of merchandise is not permitted, except as accessory uses to the primary O-I uses. Areas zoned to this classification are not intended to be commercial or industrial centers. (4) The district is intended primarily to be located along major streets, but it can also be located in an area dominated by institutions such as a college where a wide range of land uses is required. i. C-C Community Commercial (1) The C-C Community Commercial District is established to provide a location for a full-range of retail and office development serving the general needs of the community. The C-C District is considered inappropriate for heavier commercial uses 6363 that border on being more “ light industrial ” in nature, and thus more appropriate for the H-C or L-I District. (2) It is the intent of the C-C District to promote a streetscape that encourages buildings to be moved forward adjacent to the front yard setback line and the edge of the required landscape improvements. This site design improves the benefits derived from the required landscaping and the overall image of the commercial corridor. j. C-B-C Central Business Commercial (1) Within C-B-C Central Business Commercial District the most intensive use of land is permitted in combination with a variety of commercial and residential uses. The district is intended to serve as the central headquarters for economic and administrative activity in the community. The district is designed to have uses that are centrally located and compact so that maximum convenience is afforded the users and occupants of the district. (2) It is the intent of the C-B-C District to be pedestrian friendly. Structured parking is encouraged over surface parking lots. There are no yard setbacks to encourage buildings to locate adjacent to the property line and utilize on-street or structured parking to the greatest extent possible.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.