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Property profile & analytics
OFF-MARKET
Commercial real estate

5633 State Route 31 Verona, NY 13478

3,150 SF 0.8 ac lot Built 1950
Entity Owned 1-yr Hold
Property ID
US63-1515919
Property summary
AI-generated overview

This exceptional commercial property, located at 5633 State Route 31 in Verona, NY, presents a compelling investment opportunity. The 3,150 square foot building sits on a sizable 0.8-acre lot, providing ample parking and potential for expansion. Currently, four long-term commercial tenants occupy the space, generating consistent rental income. The property's strategic location, just minutes from the renowned Turning Stone Resort Casino, ensures high visibility and foot traffic. The existing structure offers the potential for up to five storefronts, allowing for increased revenue streams and diversification of tenants. The large parking lot accommodates customers and employees comfortably. This property is ideal for investors seeking a stable, income-producing asset with significant upside potential. The existing tenants provide immediate cash flow, while the layout and location offer flexibility for future development and growth. This is a rare opportunity to acquire a well-established commercial property in a thriving area with strong potential for long-term appreciation. The asking price is $175,000. Don't miss this chance to secure a valuable addition to your investment portfolio.

Property profile
Verified
Property type Commercial real estate
Year built 1950
Total area 3,150 SF
Lot 0.8 ac (34,848 SF)
UPID US63-1515919
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
31 West Plaza LLC · 1 yrs held
31 West Plaza LLC
since 2025
2 recorded transactions
2025
Price N/A
2025
$175,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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