Commercial

1202 Desoto Avenue NW

Rome, GA 30165

Location

1202 Desoto Avenue NW, Rome GA 30165

Interactive map

Loads on click

List Price$600,000
TypeUnimproved Land
Lot4.03 Ac
Land

Commercial land

4.03 acres

Unimproved Land · Residential · RES · $148,883 / acre

Data last updated: October 5, 2026 at 4:01 PM EST
ACTIVE
FMLS #7779199
Listing Provided By Prestige Home Brokers · 678-747-9930
Description

Property Description

Exceptional development opportunity in the heart of Rome! This 4+ acre assemblage is ideally located adjacent to the newer Sparrow Pointe Senior Apartments and offers outstanding potential for multifamily residential, Neighborhood Office Commercial (NOC), or other potential uses. The property is bounded by Desoto Avenue to the west, Iron Street to the south, and Avenue D/Sparrow Pointe to the east, with current access via Desoto. Situated just one block from Martha Berry Boulevard/US 27, the location offers convenient access to major employers, healthcare, education, shopping, dining, and recreation. The property is less than one mile from Atrium Health Floyd, approximately five minutes from Downtown Rome's Broad Street, and within seven minutes of Shorter University and Berry College. Located within a Federal Opportunity Zone for the right project. Residents and visitors will enjoy nearby access to grocery, restaurants, golf courses, parks, stadium, and other recreational amenities. Property consists of the following tax parcels: I13Z-114, I13Z-115, I13Z-116, and I13Z-118. 118 is already zoned MFR. The other parcels are currently zoned HTR. There are two houses and several structures formerly used for a business, currently located on 114 and 115. Public water and sewer.
Tax Advantage

Opportunity Zone Property

Tract 13115001100

This property is located inside a federally designated Qualified Opportunity Zone. Long-term investors may still access meaningful capital-gains benefits — primarily the potential exclusion of post-investment appreciation after a 10-year hold — when structured through a Qualified Opportunity Fund.

  • ExcludePotential permanent exclusion of post-investment appreciation if held 10+ years through a Qualified Opportunity Fund
  • TransitionCurrent zone designations remain in effect through 2028; new permanent OZ 2.0 rules begin January 2027
  • StructureBenefits require investment via a Qualified Opportunity Fund and satisfaction of holding-period and improvement tests

Opportunity Zone benefits depend on timing, fund structure, holding period, and substantial-improvement tests. The original deferral of pre-investment gains ends December 31, 2026. New rules (OZ 2.0) begin January 1, 2027. This is educational only — not tax, legal, or investment advice. Confirm current eligibility and structure with your CPA and counsel before acting.

Listing facts

Structured MLS fields. Remark language is not verified.

Year built
1930
Zoning
RES
Price / acre
$148,883
Days on market
75
Road frontage
50 ft
Owner pays
Electricity, Sewer, Taxes, Water
Taxes
$4,646
Tax year
2025
Opportunity zone
Yes

Utilities & systems

As reported on the listing. Confirm service and capacity on site.

Available

  • Cable
  • Electricity
  • Sewer
  • Water

Sewer

  • Public Sewer

Commercial Analysis

Key metrics and property characteristics

List Price$600,000
Lot Size4.03 Acres
Price / Acre$148,883
ZoningRES
Property SubtypeUnimproved Land
Year Built1930

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1202 Desoto Avenue NW

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Disclaimer

Important Investment Information

Financial and property metrics are taken from the MLS listing when available. Cap rates or other calculated figures may be estimated. All figures are for screening only — verify with current financials and physical inspection.

Any estimated or modeled figures represent the independent analysis of Jeff Crowe / Century 21 The Avenues and are not supplied by FMLS or the listing broker.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.