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    155 Commercial Dr Watertown, NY 13601

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    For Sale
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    Prime Commercial Land, Watertown, NY

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 8.28-acre commercial land parcel, located at 155 Commercial Drive in Watertown, New York (Glen Park), presents a unique investment opportunity. The property, identified by APN 221800-008-000-0050-101-150-0000, is zoned for commercial use, offering considerable flexibility for development. The site is ideally suited for a variety of projects, including office space, hotels, light industrial facilities, last-mile distribution centers, or multi-family residential units. Multiple lots are available, allowing for the purchase of individual parcels or the acquisition of the entire acreage. Buyers have the option to purchase the land outright or explore build-to-suit or ground lease arrangements. This prime location boasts convenient access to Interstate 81, situated just over half a mile away, ensuring excellent connectivity and accessibility for businesses and residents. The property's size and zoning make it an attractive proposition for developers seeking a strategic location in Watertown, New York, within Jefferson County, and a 13601 zip code. The latitude and longitude coordinates are 43.9959887 and -75.9230976 respectively. This is a rare opportunity to acquire a substantial commercial land holding in a thriving area.

    Property Features for 155 Commercial Dr

    General Information

    Property type
    Land
    Lot Size
    360,677 SF

    HighLights

    • 8.28‑acre commercial land parcel available for sale or lease.
    • Build‑to‑suit or ground lease options available.
    • Zoned commercial.
    • Less than 1⁄2 mile to I‑81.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Watertown
    County
    Jefferson
    State
    New York
    Longitude
    -75.9230976
    Latitude
    43.9959887

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, Watertown, NY
    Where is this land located?
    The property is located at 155 Commercial Dr Watertown, NY.
    What are key features of this property?
    This property features: 8.28-acre commercial land parcel available for sale or lease.; Build-to-suit or ground lease options available.; Zoned commercial.
    Request Owner's contact information
    155 Commercial Dr Watertown, NY 13601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    155 Commercial Dr Watertown, NY 13601
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