4511 Alabama HwyRome, GA 30165

  • Retail properties
  • 7,500 SF
For Lease

Property Details for 4511 Alabama Hwy

Year built
1998
Construction
STEEL FRAME
Lot size
0.73 AC
Property size (Sq ft)
7,500 SF
Zone code
S-R
Property type
Retail properties
Property subtype
Outlet malls
APN
F13Y- -233 -
APU
F13Y233

Description

This exceptional 7,500-square-foot retail building, constructed in 2023, presents a remarkable opportunity for businesses seeking a prominent location in Rome, Georgia. Situated on a 0.7-acre lot at 4511 Alabama Highway, this single-tenant property offers unparalleled visibility and accessibility. The building is currently vacant, providing a blank canvas for a wide range of retail concepts. Its spacious interior allows for flexible layouts to accommodate diverse business needs. The property's strategic location along Alabama Highway ensures high traffic volume and excellent exposure to potential customers. Floyd County's thriving economy and growing population make this an ideal investment for both established businesses and new ventures. The property's recent construction guarantees modern amenities and efficient operational capabilities. This turnkey solution eliminates the need for extensive renovations, allowing for a swift and seamless transition into occupancy. The ample parking available further enhances the property's appeal and convenience for customers and employees. This is a rare opportunity to acquire a high-quality retail space in a prime location. All utilities are available at the site. The property is zoned for commercial use. Serious inquiries are encouraged to explore this exceptional investment prospect.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,331,836
    6.5%
    $2,152,464
    7%
    $1,998,716
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,078,620
    Geo Method
    $3,686,634
  • Alternative Use

    Use
    Valuation
    Residential
    $1,815,684
    Hospitality
    $1,663,156
    Educational
    $1,383,727
    Medical
    $1,431,315
    Retail
    $2,152,464
4511 Alabama Hwy, Rome, Georgia

Location Insight

City
Rome
County
Floyd
State
Georgia
Latitude
34.2616
Longitude
-85.3059
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
$3,203
$22,127
$89,577
$111,704
-
$55,318
$223,942
$279,260

FAQs

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