2112 Kingston HwyRome, GA 30161

  • Retail properties
  • 1,272 SF
For Sale
$110,000 View listing

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
2112 Kingston Hwy, Rome, Georgia

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

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
$441
$4,785
$10,583
$15,368
-
$11,963
$26,457
$38,420

FAQs

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