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Watertown Development Opportunity
For Sale
$125,000
Pending

940 Leray St, Watertown, NY 13601

Expansive 8+ acre lot for residential or commercial development.

Property SizeContact for details
Lot Size8.08 Acres
Days on Market163

Property Features for 940 Leray St

General Information

Standard status Pending
Lot size 8.08 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $2,397
Listing Agency: Bridgeview Real Estate
Listed By: Shondra Beach · License #10401349039
Source: Elliman
Added: Mar 11 Changed: Aug 8 Last Checked: Aug 8 at 2:59PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bridgeview Real Estate

Investment Insights

Based on property information with market context.

This expansive 8+ acre lot, located within Watertown city limits, presents a development opportunity. Zoned as Neighborhood Mixed Use, the property offers flexibility for residential or commercial development, including single-family homes, multi-family housing, or other commercial ventures. Water, sewer, and other utilities are nearby. The property has frontage on both Leray and Mill Streets, ensuring visibility. Its location, minutes from Interstate 81, Fort Drum, downtown Watertown, and the Arsenal Street corridor, ensures access to major routes. The owner is willing to subdivide.

Key Highlights

  • Expansive 8+ acre lot within Watertown city limits, offering significant development potential.
  • Zoned Neighborhood Mixed Use, providing flexibility for residential or commercial development.
  • Utilities (water, sewer) nearby, ensuring seamless connection to essential services.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Nail Salon HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

189
Businesses Nearby

Demographics for 13601, NY

37,287
Population
18,653
Households
2
Avg Household Size
37
Median Age
25%
College-Educated
90%
High-School Grad
140.8 sq mi
ZIP Area
265
Density / Sq Mi
$57,503
Median Household Income
$37,061
Median Earnings
$974
Median Rent
$170,100
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Expansive 8+ acre lot for residential or commercial development.
Where is this commercial land located?
The property is located at 940 Leray St Watertown, NY.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Expansive 8+ acre lot within Watertown city limits, offering significant development potential.; Zoned Neighborhood Mixed Use, providing flexibility for residential or commercial development.; Utilities (water, sewer) nearby, ensuring seamless connection to essential services.
More about this property
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