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    Property profile & analytics

    708 James St Clayton, NY 13624

    • Retail space
    • 3,076 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    $240,000
    Location Intelligence
    Property ID
    US63-1275798
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 708 James St

    Year built
    1850
    Lot size
    0.23 lot acres
    Property size
    3,076 SF
    Property type
    Retail space
    APN
    223201 20.55-1-15
    APU
    2232012055115

    Description

    This exceptional commercial property at 708 James Street in Clayton, NY, presents a unique investment opportunity. Boasting nearly 4,900 square feet of space, this building has undergone extensive interior and exterior renovations within the last decade, resulting in striking curb appeal. Its prime location ensures high visibility and significant foot traffic, making it ideal for a variety of commercial ventures. The property's history includes use as an office building and, more recently, a successful salon and spa, demonstrating its adaptability to diverse business needs. The sale includes not only the main building but also an additional parcel, expanding the total land area to 0.43 acres and providing an impressive 132 feet of road frontage. This substantial frontage offers excellent accessibility and ample space for parking or future expansion. The building's recent renovations ensure it's move-in ready, minimizing upfront capital expenditures. The combination of size, location, recent improvements, and the added land parcel makes this property a compelling investment opportunity in the thriving Clayton market. The versatility of the space allows for a wide range of potential uses, making it an attractive prospect for discerning buyers seeking a well-maintained, high-visibility commercial property. The expansive square footage and ample land provide significant potential for growth and adaptation to future business needs.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $230,000

    • CAP approach

      CAP return
      Estimation
      6%
      $205,000
      6.5%
      $220,000
      7%
      $200,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $190,000
      Geo Method
      $255,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $220,000
      Retail
      $275,000
      Mixed-Use
      $240,000
      Hospitality
      $265,000
      Educational
      $265,000
      Residential Income
      $240,000
      Energy
      $270,000
      Income-Based Land
      $260,000
      Food Service
      $265,000

    Location Insight

    • Map
    • Local Demand
    City
    Clayton
    County
    Jefferson
    State
    New York
    Longitude
    -76.0841
    Latitude
    44.2358
    CBSA code
    48060
    CBSA name
    WATERTOWN-FORT DRUM, NY MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $50,500
    $229,500
    $280,000
    -
    $50,500
    $229,500
    $280,000

    Comparable in this City

    • Value Estimation
      $210,000
      3,920 SF

      692 Riverside Dr

      RETAIL STORES (PERSONAL SERVICES) • 3,920 SF
      692 Riverside Dr, Clayton, NY 13624-1043
      View Details
    • Value Estimation
      $215,000
      2,051 SF

      409 Riverside Dr

      RETAIL STORES (PERSONAL SERVICES) • 2,051 SF
      409 Riverside Dr, Clayton, NY 13624-1024
      View Details
    • Value Estimation
      $250,000
      2,878 SF

      814 Riverside Dr

      RETAIL STORES (PERSONAL SERVICES) • 2,878 SF
      814 Riverside Dr, Clayton, NY 13624-1158
      View Details
    • Value Estimation
      $390,000
      3,270 SF

      40164 State Rte 12

      RETAIL STORES (PERSONAL SERVICES) • 3,270 SF
      40164 State Rte 12, Clayton, NY 13624-2322
      View Details
    • Value Estimation
      $195,000
      1,370 SF

      39943 Seaway Trl

      RETAIL STORES (PERSONAL SERVICES) • 1,370 SF
      39943 Seaway Trl, Clayton, NY 13624
      View Details
    • Value Estimation
      $95,000
      3,600 SF

      32001 Nys Rte 12

      RETAIL STORES (PERSONAL SERVICES) • 3,600 SF
      32001 Nys Rte 12, Clayton, NY 13624
      View Details

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      Turnkey Renovated Commercial Building

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    708 James St
    Clayton, NY 13624
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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