3723 Martha Berry HwyRome, GA 30165

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

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.

• CAP approach

  CAP return

  Valuation

  6%

  $656,768

  6.5%

  $606,248

  7%

  $562,944

• Comparable approach

  Method

  Valuation

  Relative Method

  $455,362

  Geo Method

  $545,294

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,189,210

  Mixed-Use / Specialty

  $601,269

  Hospitality / Lodging

  $437,465

  Office

  $594,763

  Institutional / Educational

  $624,071

  Residential Income

  $730,163

  Multifamily

  $891,336

  Automotive / Energy

  $534,918

  Parking / Income-Based Land

  $187,377

  Restaurant / Food Service

  $306,713

  Healthcare / Senior Housing

  $619,479

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

FAQs

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