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    1001 James St Rome, NY 13440

    • Investment properties
    • 3,257 SF
    • 0.17 lot acres
    For Sale
    View listing
    $410,000
    Value Estimation
    Last Sale
    Sep 16, 2024
    $105,000
    Location Intelligence
    Property ID
    US63-6132266
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Killer Brows / Permanent Make-Up Clinic
    • New Reflections / Beauty Salon
    • NICOLE RENÉE EYELASH EXTENSION & BEAUTY / Beauty Salon

    Property Details for 1001 James St

    Year built
    1930
    Lot size
    0.17 lot acres
    Property size
    3,257 SF
    Zone code
    R-1-5
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    301301 223.020-0006-034
    APU
    3013012230200006034

    Description

    This exceptional mixed-use property at 1001 N James St, Rome, NY, presents a unique investment opportunity. The building boasts a total of 4,500 square feet, strategically divided to maximize its potential. The first floor, zoned R-1-5 by the City of Rome, is ideally suited for small retail businesses. Previous occupants have included a successful nail and hair salon and barbershop, demonstrating the location's viability for similar ventures. This floor offers ample space for a variety of retail concepts, benefiting from high visibility and foot traffic. Upstairs, a substantial residential apartment provides additional income potential or the possibility for owner-occupancy. The apartment's size and layout are not specified in the provided information. This property is situated on a lot with no acreage specified. The asking price for this versatile building is $410,000, representing a compelling entry point into the Rome, NY commercial real estate market. The combination of retail and residential space offers a diversified income stream and significant upside potential for a savvy investor. The property's location and zoning make it an attractive proposition for entrepreneurs and investors alike. Serious inquiries are encouraged to explore this promising investment opportunity further.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $105,000

    • CAP approach

      CAP return
      Estimation
      6%
      $95,000
      6.5%
      $110,000
      7%
      $110,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $110,000
      Geo Method
      $115,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $100,000
      Retail
      $110,000
      Mixed-Use
      $110,000
      Hospitality
      $110,000
      Educational
      $90,000
      Residential Income
      $110,000
      Energy
      $80,000
      Income-Based Land
      $100,000
      Food Service
      $110,000

    Location Insight

    • Map
    • Local Demand
    City
    Rome
    County
    Oneida
    State
    New York
    Longitude
    -75.4489
    Latitude
    43.2229
    CBSA code
    46540
    CBSA name
    UTICA-ROME, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $20,000
    $61,500
    $81,500
    -
    $44,072
    $135,523
    $179,595

    Comparable in this City

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      520 Dominick St

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      OFFICE/RESIDENTIAL (MIXED USE) • 1,170 SF
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      2,784 SF

      607 Dominick St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,784 SF
      607 Dominick St, Rome, NY 13440-6085
      View Details
    • Value Estimation by Request
      2,596 SF

      294 Dominick St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,596 SF
      294 Dominick St, Rome, NY 13440-5914
      View Details

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    1001 James St
    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
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