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Property profile & analytics
OFF-MARKET
Investment properties

1001 James St Rome, NY 13440-3528

3,257 SF 0.17 ac lot Built 1930
Individually Owned 1-yr Hold Free & Clear
Property ID
US63-6132266
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1930
Total area 3,257 SF
Lot 0.17 ac (7,405 SF)
Zoning code R-1-5
APN 301301 223.020-0006-034
UPID US63-6132266
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Killer Brows Medical Clinic Skin Care Clinic
  • New Reflections Hair Salon Nail Salon
  • NICOLE RENÉE EYELASH EXTENSION & BEAUTY Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Robert J Wolfe · 1 yrs held
Robert J Wolfe
since 2024
Last sale
$105,000
3 recorded transactions
2024
Price N/A
2019
Price N/A
2006
$105,000
Zoning & alternative use
R-1-5 · Rome, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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