4450 Rockmart RdSilver Creek, GA 30173

Property Details for 4450 Rockmart Rd

Year built

1968

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.00 AC

Property size (Sq ft)

1,196 SF

Zone code

C-C

Property type

Retail properties

Property subtype

Retail space

APN

K17 - -009 -

APU

K17009

Description

This exceptional retail property at 4450 Rockmart Rd SE, Silver Creek, GA 30173, presents a compelling investment opportunity. Located on a prominent corner lot (0.5 acres) at the intersection of Rockmart Highway and Wax Road, this 1-square-foot building boasts a high traffic count and excellent visibility. Constructed in 1968, the property features a single tenant currently operating under a 5-year NNN (Triple Net) lease with a 5-year option, ensuring consistent income. The current tenant has enjoyed a nearly 10-year occupancy, demonstrating the property's strong appeal and location. The asking price is $425,000. The property's parcel number is K17 009. This is a rare chance to acquire a stable, income-producing asset in a high-demand location with a long-term lease in place, offering significant potential for future returns. The property is 100% occupied. This presents a low-risk, high-reward investment opportunity for discerning buyers seeking a steady stream of passive income. The property's strategic location and long-term lease make it an ideal addition to any investment portfolio.

• CAP approach

  CAP return

  Valuation

  6%

  $371,850

  6.5%

  $343,246

  7%

  $318,729

• Comparable approach

  Method

  Valuation

  Relative Method

  $490,937

  Geo Method

  $587,895

• Alternative Use

  Use

  Valuation

  Residential

  $289,541

  Hospitality

  $265,218

  Educational

  $220,658

  Medical

  $228,247

  Retail

  $343,246

Location Insight

City

Silver Creek

County

Floyd

State

Georgia

Latitude

34.1671

Longitude

-85.1438

CBSA code

40660

CBSA name

ROME, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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