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    OFF-MARKET
    Land

    155 Commercial Dr, Watertown, NY 13601

    8.28 ac lot
    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Land
    Lot 8.28 ac (360,677 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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