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    440 State St Watertown, NY 13601

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    For Sale
    Contact for pricing

    Prime Watertown development site, 0.5 acres, excellent visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 0.5-acre commercial land parcel presents a remarkable development opportunity in Watertown, New York. Strategically located on State Street, this property boasts high visibility and potential access to a traffic signal, ensuring significant exposure for any future development. The site's convenient location places it within close proximity to a variety of established retailers, including Dollar Tree, Ace Hardware, Taco Bell, Wendy's, Little Caesars, and Jreck Subs, creating a vibrant and thriving commercial environment. The property is fully serviced by readily available public utilities, including water, sewer, gas, and electric, simplifying the development process and minimizing infrastructure costs. This prime location and comprehensive utility access make this 0.5-acre lot an ideal canvas for a diverse range of commercial ventures, offering significant potential for growth and return on investment. The property's zoning is designated as Commercial, allowing for a wide array of development possibilities. This is a rare opportunity to acquire a highly desirable commercial land parcel in a bustling Watertown location. The address is 440 State Street, Watertown, NY 13601.

    Property Features for 440 State St

    General Information

    Property type
    Land
    Lot Size
    21,780 SF

    HighLights

    • 0.5‑acre commercial land parcel in Watertown, NY.
    • Located on State Street with potential traffic signal access.
    • Surrounded by national retailers including Dollar Tree, Ace Hardware, and fast‑food chains.
    • Utilities include public water, sewer, gas, and electricity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Watertown
    County
    Jefferson
    State
    New York
    Longitude
    -75.904399115257
    Latitude
    43.973229822648

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    FAQs

    What type of property is this?
    Land - Prime Watertown development site, 0.5 acres, excellent visibility.
    Where is this land located?
    The property is located at 440 State St Watertown, NY.
    What are key features of this property?
    This property features: 0.5-acre commercial land parcel in Watertown, NY.; Located on State Street with potential traffic signal access.; Surrounded by national retailers including Dollar Tree, Ace Hardware, and fast-food chains.
    Request Owner's contact information
    440 State St Watertown, NY 13601
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    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
    440 State St Watertown, NY 13601
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