Property profile

24685 State Rte 37 Watertown, NY 13601

OFF-MARKET
Warehouses
Property ID
US63-0342299
15,129 SF 3.64 ac lot Built 1985
Individually Owned 8-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1985
Total area 15,129 SF
Lot 3.64 ac (158,558 SF)
APN 224889 74.10-1-1.2
UPID US63-0342299

Cap rate & NOI

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

Location

24685 State Rte 37 Watertown, NY 13601-5191
Watertown metro Census 60500 WATERTOWN-FORT DRUM, NY MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$658k
Blend (final) Blend
$880k

Owner & transaction history

since 2017
6 recorded transactions
2020
Price N/A
2017
$575,000
2010
Price N/A
2010
$520,000
2009
$526,137
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $1.3M +177.8%
Office building $1.0M +118.7%
Commercial (general) $990,000 +115.1%

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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