2700 Martha Berry HwyRome, GA 30165

Property Details for 2700 Martha Berry Hwy

Year built

2000

Construction

WOOD FRAME

Lot size

4.03 AC

Property size (Sq ft)

33,338 SF

Zone code

C-C

Property type

Retail space

APN

J12X- -016 -

APU

J12X016

Description

This exceptional retail opportunity presents a 24,000 square foot outparcel strategically located at 2700 Martha Berry Highway in Rome, Georgia, within the Mt. Berry Mall area. The property boasts excellent visibility and accessibility from Martha Berry Highway, a major thoroughfare in north Rome. Previously occupied by Party City, the space offers significant flexibility. It can be leased as a single 24,000 square foot unit or divided into two 12,000 square foot spaces, catering to a variety of retail tenants. The property is situated next to a Dollar Tree, ensuring high foot traffic and a strong retail synergy. Possession is estimated for May 1st. This is an ideal location for businesses seeking high visibility and convenient access in a thriving retail corridor. The property is classified as retail, single-tenant occupancy, and totals 24,000 square feet. Located in Floyd County, Georgia, with a zip code of 30165, this property presents a compelling investment opportunity in a dynamic retail market. The property's size and location make it suitable for a wide range of retail uses.

• CAP approach

  CAP return

  Valuation

  6%

  $10,365,165

  6.5%

  $9,567,844

  7%

  $8,884,427

• Comparable approach

  Method

  Valuation

  Relative Method

  $13,684,674

  Geo Method

  $16,387,334

• Alternative Use

  Use

  Valuation

  Residential

  $8,070,834

  Hospitality

  $7,392,841

  Educational

  $6,150,757

  Medical

  $6,362,291

  Retail

  $9,567,844

Location Insight

City

Rome

County

Floyd

State

Georgia

Latitude

34.3003

Longitude

-85.1758

CBSA code

40660

CBSA name

ROME, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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