Individually Owned Property summary
This vacant, 2,846 square foot free-standing building, formerly a Pizza Hut, presents a unique retail investment opportunity in Newark, NY. Located on a highly visible section of West Union Street, a busy east-west retail corridor, this property offers excellent visibility and accessibility. The building, constructed in 1986, sits on a 0.335-acre lot and boasts ample parking with approximately 23 spaces. Zoned B-2 General Business, the property is well-suited for a variety of retail and… professional office uses. The building's size and configuration provide flexibility for adaptive reuse, catering to diverse business needs. Its location within the Village of Newark, situated conveniently between Rochester and Syracuse, ensures a strong potential customer base. The property's proximity to other businesses enhances its appeal and potential for synergy. An adjacent former convenience store is also available for purchase, presenting an opportunity for property assemblage and expansion. This turnkey property offers immediate occupancy and significant potential for return on investment. The asking price is $240,000, translating to $84.33 per square foot. This represents a compelling opportunity for owner-users seeking a strategic location in a thriving community.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
4 recorded sales · 12 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 21,674 SF
- Lot area
- 0.71 ac
- Year built
- 1913
- Stories
- 2
- APN
- 542001 68111-18-472065
- Zoning
- B2
- Assessed value · 2023
- $150,000
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Owner Contacts
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- NOI Potential
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- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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