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Watertown Development Opportunity
For Sale
$125,000
Pending

940 Leray Street, Watertown, NY 13601

COMMERCIAL - Watertown, NY

Property SizeContact for details
Lot Size8.08 Acres
Days on Market598

Property Features for 940 Leray Street

General Information

Property type Commercial Sale
Property subtype Other
Parking features Driveway
Vegetation Wooded
Lot features Corner Lot, City Lot, Irregular Lot, Residential Lot, Subdivision, Wooded, Level
Elementary school district Watertown
Middle school district Watertown
High school district Watertown
Directions From downtown Watertown, head east toward Court Street. Turn left onto Court Street. Turn right onto Court Street Bridge. Sharp right onto US-11 S/Mill Street.
Subdivision Watertown-City-221800
Standard status Pending
APN 221800-002-000-0011-120-100-0000
Lot size 8.08 Acres

Taxes and HOA fees

Tax Annual Amount 2397

Utilities

Water source Public
Listing Agency: Bridgeview Real Estate
Listed By: Shondra Beach · License #10401349039
Added: Dec 18, 2024 Changed: Aug 4 Last Checked: Aug 8 at 10:06PM
MLS# S1581590

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This expansive 8+ acre lot, situated within Watertown city limits, presents an exceptional 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. Essential services are readily accessible, with water, sewer, and other utilities nearby. The property benefits from frontage on both Leray and Mill Streets, ensuring excellent visibility. Its strategic location provides convenient access to major routes, being just minutes from Interstate 81, Fort Drum, downtown Watertown, and the Arsenal Street corridor. This accessibility makes it suitable for commuters, businesses, or residential communities. The owner is willing to subdivide the property.

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 for seamless connection.

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.

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

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 - 8+ acre lot zoned for mixed-use development in Watertown.
Where is this commercial land located?
The property is located at 940 Leray Street 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 for seamless connection.
More about this property
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