County Rte 202 Watertown, NY 13601
- Land
- 54.58 lot acres
Current Use by Public Records
- Land
Property Details for 0 County Rte 202
- Lot size
- 54.58 lot acres
- Property type
- Land
Description
This exceptional 54.58-acre parcel in Jefferson County, New York, presents a unique investment opportunity. Previously approved for a substantial 359-unit residential development, this land is zoned for Neighborhood Commercial use and offers significant potential for immediate development. The approved plan includes thirteen 5-unit apartment buildings and forty-two 7-unit apartment buildings, totaling 359 residential units. Further enhancing the project's appeal are plans for a substantial 5,500+ square foot clubhouse and a 1,600+ square foot maintenance building. The property's strategic location offers unparalleled convenience, situated less than a mile from I-81's Arsenal Street exit (Route 3), providing easy access to major transportation routes. Its proximity to downtown Watertown (3 miles) and Fort Drum (10 miles) ensures strong demand and a robust rental market. The site is located at County Route 202, Watertown, NY 13601, and is ready for immediate development, offering a rare chance to capitalize on a pre-approved, large-scale residential project in a high-demand area. This is a prime opportunity for developers seeking a turnkey project with significant upside potential. All necessary approvals are in place, streamlining the development process and minimizing delays. Don't miss this chance to acquire a substantial land holding with a proven development plan in a thriving New York community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Watertown
- County
- Jefferson
- State
- New York
- Longitude
- -75.9614
- Latitude
- 43.984
