Property summary
This exceptional commercial property, located at 24805 State Route 126 in Watertown, NY, presents a unique investment opportunity. The 0.47-acre lot offers significant visibility due to its strategic placement at a three-way stoplight on a busy street, ensuring high traffic exposure for any business. The property includes a 360-square-foot shed, which could be repurposed for various commercial uses, offering immediate functionality. This versatile space is ideal for entrepreneurs seeking a ready-to-use location or those planning a new construction project. The property's prime location in Watertown, NY, provides access to a thriving local market. Furthermore, this property offers the potential for expansion. An adjacent building and lot are available for purchase, providing the opportunity to acquire even more space to accommodate growing business needs or larger-scale development plans. This presents a rare chance to secure a substantial commercial footprint in a desirable location. The asking price for this exceptional property is $50,000. This is an excellent opportunity for investors seeking high-visibility commercial land with significant potential for growth and development.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
C · Watertown, NYCommercial (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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for C in Watertown, NY.
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