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    Property profile & analytics

    1555 State St Watertown, NY 13601-3517

    • Investment properties
    • 5,052 SF
    • 0.29 lot acres
    OFF-MARKET
    Value Estimation
    $175,000
    Last Sale
    Jun 26, 2020
    $140,000
    Location Intelligence
    Property ID
    US63-2654581
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Marble Key Realty / Real Estate Agency
    • SOS Roofing NY Watertown / Contractor
    • NNYFlips / Real Estate Developer

    Property Details for 1555 State St

    Year built
    1950
    Lot size
    0.29 lot acres
    Property size
    5,052 SF
    Zone code
    NMU
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    221800 5-14-102.000
    APU
    221800514102000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $180,000

    • CAP approach

      CAP return
      Estimation
      6%
      $175,000
      6.5%
      $190,000
      7%
      $175,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $155,000
      Geo Method
      $205,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $165,000
      Retail
      $165,000
      Mixed-Use
      $185,000
      Hospitality
      $160,000
      Educational
      $205,000
      Residential Income
      $175,000
      Energy
      $180,000
      Income-Based Land
      $175,000
      Food Service
      $205,000

    Location Insight

    • Map
    • Local Demand
    City
    Watertown
    County
    Jefferson
    State
    New York
    Longitude
    -75.8846
    Latitude
    43.9684
    CBSA code
    48060
    CBSA name
    WATERTOWN-FORT DRUM, NY MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $34,400
    $163,000
    $197,400
    -
    $41,440
    $196,360
    $237,800

    Comparable in this City

    • Value Estimation by Request
      3,472 SF

      1130 Water St

      STORE/OFFICE (MIXED USE) • 3,472 SF
      1130 Water St, Watertown, NY 13601-2146
      View Details
    • Value Estimation by Request
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      742 Main St

      STORE/OFFICE (MIXED USE) • 1,728 SF
      742 Main St, Watertown, NY 13601-1218
      View Details
    • Value Estimation by Request
      1,296 SF

      26825 Bonney Rd

      STORE/OFFICE (MIXED USE) • 1,296 SF
      26825 Bonney Rd, Watertown, NY 13601-5264
      View Details
    • Value Estimation by Request
      6,796 SF

      247 Factory St

      STORE/OFFICE (MIXED USE) • 6,796 SF
      247 Factory St, Watertown, NY 13601-2748
      View Details
    • Value Estimation by Request
      2,400 SF

      554 Morrison St

      STORE/OFFICE (MIXED USE) • 2,400 SF
      554 Morrison St, Watertown, NY 13601-1317
      View Details
    • Value Estimation by Request
      1,537 SF

      552 State St

      STORE/OFFICE (MIXED USE) • 1,537 SF
      552 State St, Watertown, NY 13601-2725
      View Details

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    1555 State St
    Watertown, NY 13601-3517
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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