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Property profile & analytics
FOR SALE
Investment properties
1279 Coffeen St Watertown, NY 13601
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US63-3728712
For Sale
1 / 8
$289,000
1279 Coffeen St, Watertown, NY 13601
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1989
Total area
3,005 SF
Lot
0.8 ac (34,650 SF)
Zoning code
PD-01
APN
221800 8-40-101.006
UPID
US63-3728712
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
Current use
Occupant on record · Public records
-
Mobil Gas Station
-
Quicklee's Watertown Coffeen Grocery & Convenience Store
-
Exxon Gas Station
-
7-Eleven Grocery & Convenience Store
-
Dunkin' Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
1279 Coffen Watertown LLC · 1 yrs held
1279 Coffen Watertown LLC
since 2025
Last sale
$1.2M
5 recorded transactions
Zoning & alternative use
PD-01 · Watertown, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Watertown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Watertown submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$862,300
Assessed 2023
Previous assessed
$862,300
+0.0% YoY
Assessed land
$222,700
Assessed improvement
$639,600
Land market value
$268,309
Improvement market value
$770,591
Total market value
$1,038,900
Applied tax rate
221,800.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
For Sale
Year built
1989
Heating
NONE
Buildings
1
Stories
1
Total area
3,005 SF
Lot
0.8 ac (34,650 SF)
Zoning code
PD-01
APN
221800 8-40-101.006
UPID
US63-3728712
Jurisdiction
JEFFERSON
Zoning & alternative use
PD-01 · Watertown, NY
Zoning PD-01 · permitted uses
PD-01 · Watertown, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Watertown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Heating
NONE
Stories
1
Buildings
1
Lot
0.8 ac
Current owner
From public records · entity-resolved
1279 Coffen Watertown LLC
Entity
Mailing address
2697 LAKEVILLE RD #1, AVON, NY 14414-9767
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 17, 2025
—
1279 Coffeen Watertown
—
Deed
related
$796,000 · Tompkins Community Bank
Jun 3, 2025
$1,225,000
1279 Coffen Watertown LLC
1279 Coffeen Street LLC
Deed
—
Jul 15, 2024
—
1279 Coffeen Street LLC
Pemm LLC
Deed
—
Mar 18, 2022
—
146 Main Street North LLC
—
Deed
related
$2,983,500 · Cnb Bank
Apr 18, 2013
$555,000
Pemm LLC
Ossian Airways III INC
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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