Property profile

24021 State Rte 12 Watertown, NY 13601

OFF-MARKET
Motels
Property ID
US63-2291451
3,520 SF 4.1 ac lot Built 1942
Entity Owned 10-yr Hold Free & Clear
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1942
Total area 3,520 SF
Lot 4.1 ac (178,596 SF)
Zoning code B
APN 225800 83.15-3-4
UPID US63-2291451

Cap rate & NOI

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

Location

24021 State Rte 12 Watertown, NY 13601-5423
Watertown metro Census 62400 WATERTOWN-FORT DRUM, NY MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2015
1 recorded transaction
2015
$282,500

Zoning & alternative use

B · Watertown, NY

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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