New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,525,000
Strip malls
1790 Black Riv N Blvd, Rome, NY 13440-2453
Entity Owned
4-yr Hold
Free & Clear
Property ID
US63-1879205
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Market 32 Pharmacy Pharmacy
-
Smokers Choice (Bike/Boat/Book/etc) Store
-
Quest Diagnostics Medical Clinic
-
U.S. Recruiting Office Employment Agency
-
Redbox Cinema (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.53M
Owner & transaction history
Rome City Of · 4 yrs held
Rome City Of
since 2022
4 recorded transactions
Zoning & alternative use
C-2 · Rome, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,265,000
Current use
Blend value · Realmo final
$1.53M
Range $1.37M – $1.68M · ±10%
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
$22 / 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
$4,002,500
Assessed 2023
Previous assessed
$4,337,629
-7.7% YoY
Assessed land
$975,000
Assessed improvement
$3,027,500
Land market value
$2,148,524
Improvement market value
$6,671,441
Total market value
$8,819,965
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2002
Heating
NONE
Stories
1
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
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER Current
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
2002
Heating
NONE
Stories
1
Lot
9.74 ac
Current owner
From public records · entity-resolved
Rome City Of
Entity
Free & Clear · 4 yrs held
Mailing address
112 S BURDICK ST, FAYETTEVILLE, NY 13066-1937
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2022
—
Rome City Of
New Plan East LLC
Deed
—
Oct 5, 2021
—
Tlc Central LLC
—
Deed
related
$9,653,758 · Equity Bank For Savings
Feb 5, 2020
$9,450,000
Rome Center Dev LLC
Brixmor Holdings 11 Spe LLC
Grant Deed
$2,780,000 · Sefcu
Aug 10, 2010
—
Centro Np Hldgs 11 Spe
Super Intermediateco LLC
Grant 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1790 Black Riv N Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
