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    7949 New Floyd Rd Rome, NY 13440

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    For Sale
    $359,000

    Partially equipped bar/restaurant, apartments, mobile home, and pad site.

    Property size:
    8,224 SF
    Lot size:
    1.70 Acres

    Property Features for 7949 New Floyd Rd

    General Information

    Size
    8,224 SF
    Lot size
    1.70 Acres

    Source: Pavia Real Estate Services Agent John N. Jweid

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

    Overview

    Mixed-Use Investment Property For Sale

    This multi-use investment property features a partially equipped bar and restaurant, seven apartments, a coin-operated laundry room, and one mobile home. The main building includes an unfinished apartment on the second floor. Adjacent to the mobile home, there is a pad site available for an additional manufactured home. The property is equipped with gas, electric, and public water. The septic system is approximately one year old. The property size is 8,224 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Frontier Restaurant Restaurant

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Auto Parts Store Bar & Pub Furniture Store Plumbing Service

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

    Similar Places Nearby

    Casey's Tavern

    Location Insight

    • Map
    • Local Demand
    City
    Rome
    County
    Oneida
    State
    New York
    Longitude
    -75.3629626
    Latitude
    43.2117438

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    FAQs

    What type of property is this?
    Bar - Partially equipped bar/restaurant, apartments, mobile home, and pad site.
    Where is this bar located?
    The property is located at 7949 New Floyd Rd Rome, NY.
    What is the asking price?
    The asking price for this property is $359,000.
    What are key features of this property?
    This property features: - Multi-use investment property with bar/restaurant, apartments, and mobile home potential.; - Seven apartments with coin-operated laundry room provide steady income.; - Partially equipped bar and restaurant offers immediate business opportunity.
    (315) 736-1555
    Request Owner's contact information
    7949 New Floyd Rd 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
    7949 New Floyd Rd Rome, NY 13440
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