Property profile

26495 State Route 3 Watertown, NY 13601

OFF-MARKET
Office Spaces
5,600 SF 3.98 ac lot Built 1987
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Property summary

AI-generated overview

This 2,800 square foot medical office space is located at 26495 State Route 3, Watertown, NY 13601, within the Partridgeberry Office Park. Situated in the Ft. Drum submarket, this single-tenant space is part of a larger 5,600 square foot building, offering ample room for a variety of medical practices. Recently renovated in 2023, the space boasts modern features including LED lighting, a custom-built reception area, and a 30-foot mechanical therapy area. Additional amenities include several treatment/office rooms, a custom kitchen/lunchroom, two private bathrooms (one with laundry), and provisions for hydrotherapy. The building's layout is easily adaptable to suit specific needs. The property includes 50 parking spaces and sits on 3.976 acres of land. Exterior maintenance, including HVAC, snow plowing, lawn care, and parking lot upkeep, is handled by the landlord. The building features an 8-foot ceiling height and is conveniently located just four minutes from Walgreens and Kinney Drugs, and ten minutes from Ft. Drum (Mt. Belvedere Blvd). Additional space is available on-site for potential expansion. The property is zoned R-1 and was originally built in 1987. This is a rare opportunity, as this is only the second vacancy in over 12 years, highlighting the desirability of this prime location.

Property profile

Verified
Property type Office Spaces
Year built 1987
Total area 5,600 SF
Lot 3.98 ac (173,195 SF)

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
  • Physician
  • Medical Clinic
  • Physician
  • Physician
  • Physician

Location

26495 State Route 3 Watertown, NY 13601
Watertown metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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