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    OFF-MARKET
    Gas stations

    607 James St 9, Rome, NY 13440-6632

    3,361 SF 0.2 ac lot Built 1955
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US63-3059223
    Property summary
    AI-generated overview

    This 3,985 square foot industrial property, located at 607 S James St, Rome, NY 13440, is a fully operational, turnkey automotive repair and sales facility. The single-story building, constructed in 1955, sits on a 0.2-acre lot and features four bays, including three front bays equipped with lifts and a newer rear bay accommodating larger trucks with a 12-foot overhead door. Internal access between the front and rear bays is provided by a fifth overhead door and an entry door. A spacious office area and partial basement storage are also included. The property includes 20 parking spaces and all public utilities (water, sewer, and gas) are connected. Environmental documentation is available. This is a sale-leaseback opportunity, allowing for immediate income generation or the commencement of operations by a new owner. The property is zoned for commercial repair and sales and offers a significant price reduction for a quick sale. The asking price is $295,000, representing a price per square foot of $74.03. This represents a significant opportunity for an owner-user or investor seeking a profitable venture in a well-established location. The property's long history in the community provides a strong foundation for continued success.

    Property profile
    Verified
    Property type Gas stations
    Use group GAS STATION
    Year built 1955
    Total area 3,361 SF
    Lot 0.2 ac (8,712 SF)
    Zoning code W
    APN 301301 242.073-0001-024
    UPID US63-3059223
    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
    • AP Auto Repair Auto Repair Shop
    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
    by Request
    Owner & transaction history
    MERITHEW LIVING TRUST · 1 yrs held
    MERITHEW LIVING TRUST
    since 2025
    Last sale
    $125,000
    1 recorded transaction
    2025
    $125,000
    Zoning & alternative use
    W · Rome, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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