Property summary
AI-generated overview
The property consists of a 53,222-square-foot industrial building situated on 2.70 acres, with an additional 1.65 acres of vacant land. The building includes 10,000 square feet of office space on the second floor and is equipped with two dock doors, one overhead door, and two material-handling lifts (one material lift and one construction lift). Its layout is flexible for multiple industrial uses, including light component manufacturing, storage, or distribution. The site is located east of and approximately 3.5 miles from I-81 Exit 45.
Property profile
Verified
Property type
Manufacturing (Light)
Year built
1960
Total area
53,222 SF
Lot
2.7 ac (117,612 SF)
Zoning code
INDUST
APN
221800 4-23-101.001
UPID
US63-2442200
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
-
Agricultural Supply
Location
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
since 2016
1 recorded transaction
Zoning & alternative use
INDUST · Watertown, NY
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Realmo’s models returned no estimation for this property yet.
2
Subject property
Included free
GBA
53,222 SF
Lot area
2.7 ac
Year built
1960
APN
221800 4-23-101.001
Zoning
INDUST
Assessed value
$688,400
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$688k
Move the market yield to see immediate price impact.
Value / SF
$13
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$43k
$867k
$620k
$482k
$48k
$964k
$688k
$535k
$53k
$1.06M
$757k
$589k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Property tax & assessments
Assessed value
$688,400
Assessed land
$54,000
Assessed improvement
$634,400
Land market value
$65,060
Improvement market value
$764,340
Total market value
$829,400
Applied tax rate
221,800.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing (Light)
Status
Off-Market
Year built
1960
Total area
53,222 SF
Lot
2.7 ac (117,612 SF)
Zoning code
INDUST
APN
221800 4-23-101.001
UPID
US63-2442200
Zoning & alternative use
INDUST · Watertown, NYZoning INDUST · permitted uses
INDUST · Watertown, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1960
Lot
2.7 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
INDUST
Jurisdiction
Watertown, NY
Recorded code
INDUST
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for INDUST in Watertown, NY.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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