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    OFF-MARKET
    Retail properties & Spaces

    23179 Nys Rte, Watertown, NY 13601

    5.85 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Lot 5.85 ac (254,826 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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