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1148 North Broad Street
Rome, GA 30161
Asking Price
$825K
Asset Type
Mixed-use
Class
Class B
What's Special
Zoned-Urban Mixed Used. TAD Located. 2.45 ac Vacant Lot! Projected 20k VPD! <ul><li>List Price: $825,000</li><li>Lot Size: 2.45 Acres with existing access roads</li><li>Zoning: Urban Mixed-Use (Ideal for townhomes + retail)</li><li>Incentives: Located within a Tax Allocation District (TAD)</li><li>Traffic & Visibility: 15,000+ VPD with balanced peak-hour flow</li><li>Growth Potential: Projected future traffic of 18,800–20,500 VPD</li><li>Location: Immediate proximity to vibrant downtown Rome and the US-27 intersection</li></ul>
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NOI
$80,000
Cap Rate
9.70%
DSCR
1.63
Strong
Cash-on-Cash
12.53%
Monthly Payment
$4,081.65
Annual Cash Flow
$31,020.202
