610 Broad StRome, GA 30161

Property Details for 610 Broad St

Year built

1968

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.25 AC

Property size (Sq ft)

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.

• CAP approach

  CAP return

  Valuation

  6%

  $538,810

  6.5%

  $497,363

  7%

  $461,837

• Comparable approach

  Method

  Valuation

  Relative Method

  $711,367

  Geo Method

  $851,858

• Alternative Use

  Use

  Valuation

  Residential

  $419,544

  Hospitality

  $384,300

  Educational

  $319,733

  Medical

  $330,729

  Retail

  $497,363

Location Insight

City

Rome

County

Floyd

State

Georgia

Latitude

34.2563

Longitude

-85.1675

CBSA code

40660

CBSA name

ROME, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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