4382 Calhoun RdRome, GA 30161

  • Retail properties
  • 950 SF
For Sale
$200,000 View listing

Property Details for 4382 Calhoun Rd

Year built
1974
Construction
STEEL FRAME
Lot size
0.49 AC
Property size (Sq ft)
950 SF
Zone code
C-C
Property type
Retail properties
Property subtype
Retail space
APN
M11X- -129 -
APU
M11X129

Description

This exceptional mixed-use property in Rome, Georgia, presents a compelling investment opportunity. Located at 4382 Calhoun Road NE, this 0.49-acre corner lot features a substantial 3,000 square foot metal building, ideal for a variety of commercial uses. Originally constructed in 1974, the building previously served as an auto mechanic shop and includes warehouse space, ample parking, and a convenient roll-up door. The property is being sold "as-is" with no disclosures. While the building requires some renovations, its size, location, and abundant parking offer significant potential for redevelopment or repurposing. The asking price is $200,000. This presents a rare chance to acquire a sizable property in a desirable location with substantial upside potential. The property's address is 4382 Calhoun Road NE, Rome, GA 30161, situated in Floyd County. The substantial lot size and existing building structure provide a solid foundation for a variety of commercial ventures. Don't miss this chance to capitalize on this promising investment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $295,366
    6.5%
    $272,645
    7%
    $253,171
  • Comparable approach

    Method
    Valuation
    Relative Method
    $389,959
    Geo Method
    $466,974
  • Alternative Use

    Use
    Valuation
    Residential
    $229,987
    Hospitality
    $210,666
    Educational
    $175,272
    Medical
    $181,300
    Retail
    $272,645
4382 Calhoun Rd, Rome, Georgia

Location Insight

City
Rome
County
Floyd
State
Georgia
Latitude
34.3332
Longitude
-85.0743
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
$1,397
$8,036
$40,681
$48,717
-
$20,090
$101,702
$121,792

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