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Property profile & analytics
OFF-MARKET
Estimated value
$1,070,000
Car washes
1727 Black Riv N Blvd 31, Rome, NY 13440-2425
Entity Owned
5-yr Hold
Free & Clear
Property ID
US63-3144783
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
2022
Total area
6,422 SF
Lot
1.41 ac (61,420 SF)
Zoning code
C-2
APN
301301 224.013-0001-015
UPID
US63-3144783
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
-
higi Physician
-
Walgreens Photo (Bike/Boat/Book/etc) Store
-
Hoffman Car Wash Car Wash
-
CVS Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.36M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$756k
Blend (final)
Blend
$1.07M
Owner & transaction history
Thdc 2 Rlty Black Riv LLC · 5 yrs held
Thdc 2 Rlty Black Riv LLC
since 2021
Last sale
$1.0M
1 recorded transaction
Zoning & alternative use
C-2 · Rome, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$840,000
+71.8%
Office building
$645,000
+32.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Rome submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rome submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,380,000
ML approach
$1,360,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$840,000
Change: +72% · Conversion: Difficult
OFFICE BUILDING
$645,000
Change: +32% · Conversion: Difficult
Blend value · Realmo final
$1.07M
Range $963k – $1.18M · ±10% · vs last sale $1.00M (Apr 12 2021)
Last sale anchor
$1.00M
Apr 12 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$167 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$2,600,000
Assessed 2023
Previous assessed
$1,700,000
+52.9% YoY
Assessed land
$700,000
Assessed improvement
$1,900,000
Land market value
$1,542,530
Improvement market value
$4,186,866
Total market value
$5,729,396
Applied tax rate
301,300.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
2022
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
2
Total area
6,422 SF
Lot
1.41 ac (61,420 SF)
Zoning code
C-2
APN
301301 224.013-0001-015
UPID
US63-3144783
Jurisdiction
ONEIDA
Zoning & alternative use
C-2 · Rome, NY
Zoning C-2 · permitted uses
C-2 · Rome, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rome. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$840,000
OFFICE BUILDING
Est. value
$645,000
RESTAURANT
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2022
Heating
NONE
Cooling
Yes
Stories
2
Buildings
1
Lot
1.41 ac
Current owner
From public records · entity-resolved
Thdc 2 Rlty Black Riv LLC
Entity
Free & Clear · 5 yrs held
Mailing address
16 KAIRNES ST, ALBANY, NY 12205-5311
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 12, 2021
$1,000,000
Thdc 2 Rlty Black Riv LLC
9274 Group INC
Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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