Property profile

1623 State St Watertown, NY 13601

OFF-MARKET
Investment properties
Property ID
US63-0939152
1,488 SF 0.17 ac lot Built 1950
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1950
Total area 1,488 SF
Lot 0.17 ac (7,200 SF)
Zoning code NMU
APN 221800 5-15-201.001
UPID US63-0939152

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency

Location

1623 State St Watertown, NY 13601-3519
Watertown metro Census 61200 WATERTOWN-FORT DRUM, NY MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$120k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$110k

Owner & transaction history

since 2021
Last sale
$150,000
3 recorded transactions
2021
$150,000
2018
$85,000
2010
$37,500

Zoning & alternative use

NMU · Watertown, NY
Zoning description

Neighborhood Mixed Use (NMU). The NMU district creates vibrant corridors on arterial and collector roads at the edges of residential neighborhoods that allow for a mix of residential dwelling unit types, commercial servi…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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