Property profile

1790 Black Riv N Blvd Rome, NY 13440

OFF-MARKET
Strip malls
Property ID
US63-1879205
70,456 SF 9.74 ac lot Built 2002
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 4,375 square foot retail building, constructed in 2024, offers unparalleled opportunity in a thriving Oneida County location. Situated on an outparcel of a Market 32 anchored shopping center, this property boasts high visibility and accessibility, with two full-access, signalized intersections. The building is available for lease in its entirety or can be divided to accommodate tenant needs, with a minimum divisible space of 1,800 square feet. The entire 4,375 square feet is currently vacant, presenting a unique chance for a single large tenant or multiple smaller businesses. Ample parking is provided with 53 spaces available for customers and employees. The property's strategic location, coupled with the presence of a recently opened Starbucks, ensures high foot traffic and strong potential for success. This brand-new construction offers a modern and efficient space, ready for immediate occupancy. The address is conveniently located near E Chestnut St. Don't miss this chance to establish your business in this prime retail location.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2002
Total area 70,456 SF
Lot 9.74 ac (424,274 SF)
Zoning code C-2
APN 301301 224.013-0002-007.001
UPID US63-1879205

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pharmacy
  • (Bike/Boat/Book/etc) Store
  • Medical Clinic
  • Employment Agency
  • Cinema (Bike/Boat/Book/etc) Store

Location

1790 Black Riv N Blvd Rome, NY 13440-2453
Rome metro Census 22701 UTICA-ROME, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$1.53M

Owner & transaction history

since 2022
4 recorded transactions
2022
Price N/A
2021
Price N/A
2020
$9.5M
2010
Price N/A

Zoning & alternative use

C-2 · Rome, NY
Zoning description

C-2 general commercial district. The C-2 general commercial district is intended to provide for a broad range of commercial development including a full range of retail, office, and service uses that serves the local and…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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