Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Capron Rd Rome, NY 13440
    Back to Search
    Property profile & analytics

    Capron Rd, Rome, NY 13440

    View on Map
    • Land
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Capron Rd

    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 30+ acre parcel in Lee, New York, presents a unique opportunity for development. Located in Oneida County, this buildable land boasts readily available public water and natural gas utilities, simplifying the construction process. The low tax rate adds significant financial appeal. The property's topography offers diverse building site options. A hill crest in the northeast quadrant provides a stunning panoramic valley view, ideal for a dream home. The southernmost quadrants offer frontage on Stokes-Lee Center Road and Capron Road, while the northernmost quadrants provide additional Capron Road frontage. This expansive acreage allows for flexible development plans, whether a single large-scale project or multiple smaller builds. The property's address is Capron Road, Lee, NY 13440, with GPS coordinates 43.2212399 latitude and -75.4577775 longitude. The asking price for this remarkable property is $249,900. This is a rare chance to acquire a substantial landholding in a desirable location with excellent infrastructure and breathtaking views. Don't miss this opportunity to create your vision in this idyllic setting.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rome
    County
    Oneida
    State
    New York
    Longitude
    -75.4578
    Latitude
    43.2212

    Comparable in this City

    • Value Estimation by Request
      150.00 Acres

      5219 Rome-Taberg Rd

      Land
      5219 Rome-Taberg Rd, Rome, NY 13440
      View Details
    • Value Estimation by Request

      6069 Muck Rd

      Land
      6069 Muck Rd, Rome, NY 13440
      View Details
    • Value Estimation by Request
      0.62 Acres

      600 Canal St

      Land
      600 Canal St, Rome, NY 13440
      View Details
    • Value Estimation by Request
      3.45 Acres

      State Rte 365

      COMMERCIAL (GENERAL)
      State Rte 365, Rome, NY 13440
      View Details
    • Value Estimation by Request
      0.67 Acres

      100 Bouck St

      COMMERCIAL (GENERAL)
      100 Bouck St, Rome, NY 13440
      View Details
    • Value Estimation by Request
      0.04 Acres

      Dominick St

      COMMERCIAL (GENERAL)
      Dominick St, Rome, NY 13440
      View Details

    Similar Nearby for Sale

    • $670,000
      106.16 Acres

      Vacant Land in Rome, NY

      106.16 acres of vacant land for sale.
      5841 Old Oneida Rd, Rome, NY 13440
      View Details
    • $154,000
      42.97 Acres

      Vacant Land in Rome, NY

      42.97 acre vacant land parcel in Rome, New York.
      Hoag Rd, Rome, NY 13440
      View Details
    • Contact for pricing

      Nearly One Acre Land Parcel

      Approximately one acre property with potential utility access.
      6985 Stearns Rd, Floyd, NY 13440
      View Details
    • $179,900
      7.50 Acres

      Land For Sale in Lee

      7.5 acres of land available in Lee, New York.
      Stokes Lee Ctr Rd, Lee, NY 13440
      View Details
    • $108,000
      43.20 Acres

      Vacant Land in Rome, NY

      43.2 acres of vacant land for sale in Rome.
      Hoag Rd, Rome, NY 13440
      View Details
    • $124,000
      11.13 Acres

      Vacant Land in Rome, NY

      11.13 acre vacant land parcel for sale.
      5895 Old Oneida Rd, Rome, NY 13440
      View Details

    Similar Nearby for Lease

    • $549,900
      2,574 SF

      Spacious Commercial Land with Structures

      19.73-acre commercial property with store, greenhouse, and pole barn.
      8550 Turin Rd, Lee, NY 13440
      View Details
    • Contact for pricing

      Retail Space in Grocery-Anchored Center

      Inline retail space available in Rome, NY shopping center.
      205 Erie Blvd W, Rome, NY 13440
      View Details
    • Contact for pricing
      2,300 SF

      Office Space Available For Rent

      Office space available for rent, approximately 2,300 square feet.
      1617 N James St, Rome, NY 13440
      View Details
    • Contact for pricing
      2,480 SF

      Retail Space Available for Lease

      2480 SF retail space for lease in Rome, NY.
      5817 Taberg Rd, Rome, NY 13440
      View Details
    • Contact for pricing

      Retail Space in Rome, NY

      Retail space in a thriving Rome, NY community.
      510 N James St, Rome, NY 13440
      View Details
    • Contact for pricing
      3,000 SF

      Office Space in Rome, NY

      3,000 square feet of office space available for lease.
      1901 Rome Westernville Rd, Rome, NY 13440
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Capron Rd
    Rome, NY 13440
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Capron Rd, Rome, NY, 13440
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!