Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    165 Mechanic St Watertown, NY 13601-2677

    • Investment properties
    • 8,995 SF
    • 1.31 lot acres
    OFF-MARKET
    Value Estimation
    $220,000
    Location Intelligence
    Property ID
    US63-1789857
    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

    • Moore BeYOUtiful Aesthetics / Spa
    • LaniLux / Spa / Waxing Hair Removal Service
    • Sarahs hairstudio / Hair Salon
    • Husky Property Management / Corporate Office
    • Edun Lifestyle / Spa

    Property Details for 165 Mechanic St

    Year built
    1906
    Lot size
    1.31 lot acres
    Property size
    8,995 SF
    Zone code
    UMU
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    221800 6-02-307.000
    APU
    221800602307000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $210,000

    • CAP approach

      CAP return
      Estimation
      6%
      $215,000
      6.5%
      $220,000
      7%
      $210,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $210,000
      Geo Method
      $210,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $210,000
      Retail
      $200,000
      Mixed-Use
      $195,000
      Hospitality
      $185,000
      Educational
      $235,000
      Residential Income
      $245,000
      Energy
      $250,000
      Income-Based Land
      $245,000
      Food Service
      $180,000

    Location Insight

    • Map
    • Local Demand
    City
    Watertown
    County
    Jefferson
    State
    New York
    Longitude
    -75.9046
    Latitude
    43.9746
    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
    $59,700
    $196,600
    $256,300
    -
    $71,929
    $236,871
    $308,800

    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
      1,728 SF

      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

    Similar Nearby for Sale

    • $105,000
      2,352 SF

      Watertown Duplex Investment Opportunity

      Fully occupied duplex in Watertown, NY with strong rental potential.
      1200 Bronson St, Watertown, NY 13601
      View Details
    • $229,900
      3,631 SF

      Watertown Multifamily Investment Opportunity

      Four-unit apartment building with income potential in a central location.
      814 Academy St, Watertown, NY 13601
      View Details
    • $699,000
      4,688 SF

      Watertown Mixed-Use Commercial Property

      High-traffic location, investment opportunity.
      1179 Coffeen St, Watertown, NY 13601
      View Details
    • $1,350,000
      6,900 SF

      Watertown Retail Space - $1.35M

      Prime Watertown retail space, 6,900 sq ft, high visibility.
      18675 Rte, Watertown, NY 13601
      View Details
    • Contact for pricing
      0.24 Acres

      Watertown Land Parcel For Sale

      City lot near amenities and highway in Watertown, NY.
      130 Casey St, Watertown, NY 13601
      View Details
    • $450,000
      5,344 SF

      Historic Downtown Watertown Commercial Property

      Historic commercial property in downtown Watertown with high visibility and foot traffic.
      18-24 Public Sq, Watertown, NY 13601
      View Details

    Similar Nearby for Lease

    • $35 SF/Yr
      5,071 SF

      Watertown Retail Pad Site For Lease

      Prime Watertown location, 5,071 sq ft freestanding retail building.
      21890 Towne Center Dr, Watertown, NY 13601
      View Details
    • Contact for pricing
      135,395 SF

      Seaway Shopping Center: Watertown, NY

      Watertown Retail/Warehouse Space Available
      22088 Us-11, Watertown, NY 13601
      View Details
    • $4 SF/Yr
      16,283 SF

      Industrial/Flex Space For Lease

      Industrial and flex spaces available with immediate highway access.
      22419 Fisher Rd, Watertown, NY 13601
      View Details
    • Contact for pricing

      Commercial Land Near Salmon Run

      Commercial land for rent near Watertown's premier shopping destination.
      21061 State Route 3, Watertown, NY 13601
      View Details
    • Contact for pricing
      30,700 SF

      Watertown Retail Space Available

      Large retail space on Watertown's Arsenal Street retail corridor.
      1125 Arsenal St, Watertown, NY 13601
      View Details
    • $6 SF/Yr
      20,000 SF

      Watertown Industrial Space For Lease

      20,000+ sq ft warehouse with loading dock and fenced lot.
      476 Poplar St, Watertown, NY 13601
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    165 Mechanic St
    Watertown, NY 13601-2677
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.