23179 Nys Rte, Watertown, NY 13601
This exceptional 5.85-acre commercial land parcel presents a unique investment opportunity in Watertown, New York. Strategically located at the intersection of Route 342 and the northbound on/off ramp of Route 81, this property boasts unparalleled visibility and accessibility. Its prime location adjacent to a busy Circle K gas station and convenience store ensures high traffic volume and exposure to a large customer base. The property is zoned for commercial use, offering flexibility for a variety of development options. Given its proximity to Fort Drum, a significant military installation, this site is ideally positioned to capitalize on the substantial population and economic activity associated with the base. The land's size and location make it suitable for a range of commercial ventures, including retail establishments, hotels, or other businesses seeking high visibility and convenient access to a major highway. The asking price is $50,000. The property is owned by Nice N Easy Excess Properties and is located at 23179 NYS Route 342, Watertown, NY 13601, in Jefferson County. Route 81 is a limited-access highway running north and south through central New York, providing excellent connectivity. This is a rare opportunity to acquire a highly visible and strategically located commercial property in a thriving market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.