Property profile

1850 State St Watertown, NY 13601

OFF-MARKET
Drive through restaurants
Property ID
US63-3125541
1,140 SF 0.56 ac lot Built 1968
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1968
Total area 1,140 SF
Lot 0.56 ac (24,375 SF)
Zoning code C
APN 221800 12-19-102.001
UPID US63-3125541

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
  • Grocery & Convenience Store Specialty Food Shop

Location

1850 State St Watertown, NY 13601-9401
Watertown metro Census 62200 WATERTOWN-FORT DRUM, NY MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$50k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$50k

Owner & transaction history

since 2021
Last sale
$60,000
4 recorded transactions
2021
$60,000
2012
$5,000
2012
Price N/A
2009
$132,036

Zoning & alternative use

C · Watertown, NY
Zoning description

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…

General category COMMERCIAL

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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