2112 Kingston HwyRome, GA 30161
- Retail properties
- 1,272 SF
Property Details for 2112 Kingston Hwy
- Year built
- 1950
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.64 AC
- Property size (Sq ft)
- 1,272 SF
- Zone code
- C-C
- Property type
- Retail properties
- Property subtype
- Other retail properties
- APN
- L14X- -111 -
- APU
- L14X111
Description
This exceptional 1,000-square-foot retail property, situated at 2112 Kingston Highway in Rome, Georgia, presents a fantastic investment opportunity. The building sits on a sizable 0.64-acre lot, offering ample space for expansion or outdoor activities. Currently operating under a month-to-month lease, this property provides immediate income potential and flexibility for future tenants. Its convenient location near US Loop 1 ensures high visibility and accessibility for customers, maximizing its commercial viability. The building itself is in excellent condition and ready for immediate occupancy. The property's size and location make it ideal for a variety of retail businesses, from small boutiques to service-oriented enterprises. The 0.64-acre lot provides significant potential for future development or expansion, adding to the overall value of the investment. This is a rare opportunity to acquire a well-located, income-producing retail property in a thriving area of Rome, Georgia. The month-to-month lease allows for quick adaptation to changing market demands and provides a strong foundation for a successful investment. Don't miss this chance to own a piece of Rome's vibrant commercial landscape. Serious inquiries only.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $395,479
- 6.5%
- $365,058
- 7%
- $338,982
-
Comparable approach
- Method
- Valuation
- Relative Method
- $522,134
- Geo Method
- $625,253
-
Alternative Use
- Use
- Valuation
- Residential
- $307,940
- Hospitality
- $282,071
- Educational
- $234,680
- Medical
- $242,751
- Retail
- $365,058
Location Insight
- City
- Rome
- County
- Floyd
- State
- Georgia
- Latitude
- 34.2537
- Longitude
- -85.1077
- CBSA code
- 40660
- CBSA name
- ROME, GA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].