1105 Martha Berry Blvd NE | Rome, GA 30165
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- LoopNet Team
1105 Martha Berry Blvd NE
Rome, GA 30165
Seven Hills Inn · Hospitality Property For Sale
·
15,000 SF
INVESTMENT HIGHLIGHTS
- Heavy traffic corridor on 4 lane going into historic downtown located in the center of the medical community.
- Hyundai is buidling a 5 electric battery plant & will employ 3,500 in 2025. Growth is about to explode in Rome and Cartersville!.
- Q-Cell is investing 2.5 billion in the area.
- Double tax incentives (TAD-Tax Allocation District) & Federal Opportunity Zone (See Links)
- Microsoft is investing $1 billion dollar investment in Rome for a Data Campus on 350 acres. Property value will accelerate with new development
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built | 1988 |
| Building Class | C | Parking Ratio | 1.27/1,000 SF |
| Lot Size | 1.31 AC | Corridor | Exterior |
| Building Size | 15,000 SF | ||
| Zoning | C3C1 - General Commercial with numerous options in this zone for businesses such as resturant, hotel, hopitality, multi-facility, medical, offices and more. | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.31 AC |
| Building Size | 15,000 SF |
| No. Stories | 2 |
| Year Built | 1988 |
| Parking Ratio | 1.27/1,000 SF |
| Corridor | Exterior |
| Zoning | C3C1 - General Commercial with numerous options in this zone for businesses such as resturant, hotel, hopitality, multi-facility, medical, offices and more. |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
ABOUT 1105 MARTHA BERRY BLVD NE , ROME, GA 30165
The city has designated this corridor as a part of the TAD or tax allocation district which means they are giving great tax incentives for investors to make improvements in this area and it is also a part of the Federal Opportunity Zone. Development is happening all around this area so the value of this property will be going up as a result of these developments and this makes it a prime location for investors and developers. This property has great access to downtown and the medical community.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $532,387 | |
| Land Assessment | $486,640 | Total Assessment | $1,019,027 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$486,640
Improvements Assessment
$532,387
Total Assessment
$1,019,027
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