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Property profile

420 Eastern Blvd Watertown, NY 13601

OFF-MARKET
Automotive properties
Property ID
US63-5292424
View Sample
1,200 SF 1.3 ac lot Built 1986
Entity Owned 25-yr Hold Absentee Owner Free & Clear

Property summary

AI-generated overview

This exceptional 1.92-acre commercial property at 420 Eastern Blvd, Watertown, NY, presents a unique investment opportunity. Boasting 1,920 square feet of space, this property is ideally situated on a high-traffic road offering significant road frontage and excellent visibility. Previously utilized as an automotive dealership, its versatile layout lends itself to a wide array of commercial ventures. Imagine the potential: outlet stores, a hotel, a convenience store/gas station, or an office building – the possibilities are truly endless. Its strategic location provides easy access to downtown Watertown and the Fort Drum area, ensuring high traffic and customer visibility. The seller is open to considering all offers, making this a compelling opportunity for both sale and lease. This prime commercial site is one of the most desirable in Jefferson County, offering unparalleled potential for growth and return on investment. Don't miss this chance to acquire a property with such significant potential in a thriving location. Serious inquiries are encouraged.

Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1986
Total area 1,200 SF
Lot 1.3 ac (56,628 SF)
Zoning code INDUST
APN 221800 5-26-103.006
UPID US63-5292424

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

Zoning & alternative use

INDUST · 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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