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Property profile & analytics

510 W Union St Newark, NY 14513

  • Drive through restaurants
  • 2,720 SF
  • 0.68 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US63-5447253
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Wendy's / Fast Food Restaurant / Hamburger Restaurant
  • Great Wall Restaurant / Chinese Restaurant

Property Details for 510 W Union St

Year built
1997
Lot size
0.68 lot acres
Property size
2,720 SF
Zone code
B3
Property type
Drive through restaurants
APN
542001 67111-20-949035
APU
5420016711120949035

Description

This exceptional 17,460 square foot multi-tenant convenience store, Pro-May Mall, is situated on a 1.56-acre lot in Newark, NY, within the Rochester MSA. Built in 1977, this property offers a compelling owner/user or investment opportunity with a triple-net (NNN) lease structure. The property boasts a prime location across from Newark Plaza, anchored by Wegmans and featuring other prominent retailers such as Secor Home & Hardware and Rent-A-Center. Nearby national brands include Wendy's, McDonald's, Tim Hortons, Burger King, Citizens Bank, Walgreens, Advance Auto Parts, and Sherwin Williams, ensuring high visibility and foot traffic. The property comprises two buildings: a former Family Dollar located at the rear and available space in a front strip building closer to Union Road. Both buildings are accessible from Union and Miller Streets. A pylon sign opportunity is available on the Wendy's pylon. This property is located in an Opportunity Zone and presents significant upside potential with existing vacancies and strong surrounding retail presence. The asking price is $650,000.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

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  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Newark
County
Wayne
State
New York
Longitude
-77.1098
Latitude
43.0462
CBSA code
40380
CBSA name
ROCHESTER, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
$0.00
$81,800
$433,200
$515,000
-
$127,813
$676,875
$804,688
More about this property
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