Individually Owned Property summary
This exceptional 5,138 square foot commercial building, situated on a 0.31-acre lot at 812 State Street in Watertown, NY, presents a remarkable investment opportunity. Currently vacant, this property offers unparalleled flexibility for a variety of business ventures. The building's layout includes two distinct units, previously used as an accountant's office and a residential apartment. The lower unit, boasting 1500 square feet, generated a monthly rental income of $1500, while the upper… unit, at 925 square feet, commanded $925 per month. This translates to significant potential for steady rental income, allowing the property to pay for itself and more. The building features a clean and updated interior, separate heating and central air conditioning systems for optimal climate control in each unit, and ample parking for tenants and clients. Its location in a high-visibility business district ensures maximum exposure and accessibility. This property is ideal for owner-occupancy, allowing you to operate your business from the lower level while residing in the upper unit, or for generating substantial passive income through leasing both units. Don't miss this chance to acquire a prime commercial property in a thriving Watertown location. The combination of high visibility, ample parking, updated interior, and strong rental history makes this an exceptional investment.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
Value estimate
· Sep 2026Realmo valuation models over county records and 5 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 11 properties nearbyComparable nearby
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 3,359 SF
- Lot area
- 0.31 ac
- Year built
- 1960
- Stories
- 2
- APN
- 221800 12-06-323.000
- Zoning
- NMU
- Assessed value · 2023
- $145,100
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
Neighborhood Mixed Use (NMU). The NMU district creates vibrant corridors on arterial and collector roads at the edges of residential neighborhoods that allow for a mix of residential dwelling unit types, commercial servi…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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