3723 Martha Berry HwyRome, GA 30165
- Retail properties
- 2,688 SF
Property Details for 3723 Martha Berry Hwy
- Year built
- 1947
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.52 AC
- Property size (Sq ft)
- 2,688 SF
- Zone code
- C-C
- Property type
- Retail properties
- Property subtype
- Outlet malls
- APN
- J11X- -092 -
- APU
- J11X092
Description
This exceptional 3,000-square-foot commercial building presents a fantastic opportunity in Rome, Georgia. Situated on a 0.36-acre lot at 3723 Martha Berry Highway NW, the property benefits from excellent traffic visibility, ensuring high exposure for any business. The building itself is well-maintained and offers a functional layout ideal for a variety of commercial uses. The interior comprises a welcoming lobby and reception area, perfect for client interaction. Four private offices provide ample space for individual work or team collaboration. A dedicated break room and bathroom add to the convenience and comfort of the space. The rear of the building features a significant advantage: three convenient roll-up doors leading to a substantial storage area. This versatile space is perfect for inventory, equipment, or any other storage needs. The asking price for this strategically located commercial property is $350,000. The combination of prime location, ample space, and convenient features makes this an attractive investment opportunity. This property is ready for immediate occupancy and presents a unique chance to establish or expand a business in a thriving area. The property's visibility and functional design make it an ideal choice for a wide range of commercial enterprises.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $835,730
- 6.5%
- $771,443
- 7%
- $716,340
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,103,378
- Geo Method
- $1,321,290
-
Alternative Use
- Use
- Valuation
- Residential
- $650,741
- Hospitality
- $596,075
- Educational
- $495,928
- Medical
- $512,983
- Retail
- $771,443
Location Insight
- City
- Rome
- County
- Floyd
- State
- Georgia
- Latitude
- 34.3281
- Longitude
- -85.1731
- 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
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