Property profile

3rd Commerce Park Dr Watertown, NY 13601

OFF-MARKET
Commercial land
Property ID
US63-5465996
1.95 ac lot
Entity Owned 26-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.95 ac (84,942 SF)
Zoning code C
APN 221800 8-50-101.009
UPID US63-5465996

Cap rate & NOI

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

Location

3rd Commerce Park Dr Watertown, NY 13601
Watertown metro Census 61500 WATERTOWN-FORT DRUM, NY MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.13M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.21M

Owner & transaction history

since 2025
Last sale
$1.2M
1 recorded transaction
2025
$1.2M

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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