Property summary
This exceptional investment opportunity presents a fee-simple ownership of a 6,117-square-foot Goodyear Auto Service center located at 1240 Arsenal St, Watertown, NY 13601. The property sits on a 0.72-acre lot and boasts a strong 100% occupancy rate under a triple-net (NNN) lease with a corporate guarantee from Goodyear Tire & Rubber Company. The lease, initiated March 1, 2017, has a remaining term of approximately 7.3 years, extending to February 29, 2032, with four 5-year renewal options. … The current annual net operating income (NOI) is $231,000, yielding a 6.15% cap rate. The lease includes attractive rental increases of 10% every five years, providing inflation protection. The landlord's responsibility is limited to roof and structure maintenance. Built in 2016, this single-unit building represents a secure, long-term investment with significant upside potential due to the established tenant, built-in rent escalations, and the substantial remaining lease term. This is a rare opportunity to acquire a high-performing, passively managed asset with a strong corporate tenant and a proven track record. The property offers a compelling combination of stability, growth potential, and a strong return on investment.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 12 properties nearbyComparable nearby
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 6,088 SF
- Lot area
- 0.73 ac
- Year built
- 2016
- Stories
- 1
- APN
- 221800 8-53-118.000
- Zoning
- C
- Assessed value · 2023
- $611,500
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
Commercial (C). This district facilitates the highest intensity of commercial uses that serve the entire region beyond adjacent neighborhoods. Development character typically is larger lots with franchise architecture, o…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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