163 ArsenalWatertown, NY 13601

  • Office buildings
  • 61,142 SF
Off market
$4,578,700 Estimated

Property Details for 163 Arsenal

Year built
1950
Lot size
1.31 AC
Property size (Sq ft)
61,142 SF
Zone code
DC
Property type
Office buildings
APN
221800 10-01-207.000
APU
2218001001207000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,873,409
    6.5%
    $9,113,916
    7%
    $8,462,922
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,585,822
    Geo Method
    $7,988,814
  • Alternative Use

    Use
    Valuation
    Residential
    $11,301,256
    Hospitality
    $10,351,889
    Educational
    $8,612,651
    Medical
    $8,908,853
    Retail
    $13,397,456

Location Insight

City
Watertown
County
Jefferson
State
New York
Latitude
43.9751
Longitude
-75.9128
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
-
$149,900
$4,428,800
$4,578,700
-
$180,602
$5,335,898
$5,516,500

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