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    421 Ridge St Rome, NY 13440

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    For Sale
    Contact for pricing

    Rehabilitated warehouse suitable for multifamily residential conversion near airport.

    Property size:
    29,400 SF
    Lot size:
    1.03 Acres

    Property Features for 421 Ridge St

    General Information

    Size
    29,400 SF
    Lot size
    1.03 Acres

    Source: CBRE | Syracuse Agent Martin (Marty) Dowd

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Rehabilitated Warehouse Near Airport

    This 29,400 square foot warehouse property, located at 421 Ridge St in Rome, NY, underwent a complete rehabilitation between 2007 and 2011. The property is well-suited for a conversion to multifamily residential use. It is located 4 miles from Griffiss International Airport and Griffiss Business and Technology Park.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rome Research Corporation Research Foundation

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Self-Storage at U-Haul, Felice Moving & Storage

    Location Insight

    • Map
    • Local Demand
    City
    Rome
    County
    Oneida
    State
    New York
    Longitude
    -75.4683143
    Latitude
    43.2121468

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    FAQs

    What type of property is this?
    Warehouse - Rehabilitated warehouse suitable for multifamily residential conversion near airport.
    Where is this warehouse located?
    The property is located at 421 Ridge St Rome, NY.
    What are key features of this property?
    This property features: - Complete rehabilitation between 2007 and 2011; - Well-suited for conversion to multifamily residential; - 4 mi. from Griffiss International Airport
    (315) 530-0931
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    421 Ridge St Rome, NY 13440
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    Rome, NY 13440
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    421 Ridge St Rome, NY 13440
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