940 Leray Street
Watertown City, NY, 13601 $ 125,000
Baths0.0 Monthly Estimate*
$ 780
Studio Lots and Land for sale in Watertown City, NY
for $125,000. The lot size is 8.08.
EXCEPTIONAL DEVELOPMENT OPPORTUNITY IN WATERTOWN! This expansive 8+ acre lot located within Watertown city limits is a rare find, offering endless potential for your next project. Zoned as Neighborhood Mixed Use, the property provides incredible flexibility for residential or commercial development, including single-family homes, multi-family housing, or other commercial ventures that align with the area’s character. With water, sewer, and other utilities nearby, tying into essential services will be seamless, saving you time, money, and effort. Boasting frontage on both Leray and Mill Streets, this prime property also ensures excellent visibility. Its strategic location, just minutes from Interstate 81, Fort Drum, downtown Watertown, and the bustling Arsenal Street corridor, ensures seamless access to major routes, making it ideal for commuters, businesses, or residential communities. Whether you’re an investor, developer, or visionary looking to transform this land, opportunities like this don’t come around every day. Don’t miss out on the chance to bring your plans to life on this prime piece of real estate. Owner is willing to subdivide.
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FeaturesGeneralSewer StormSewer
Utilities CableAvailable ElectricityAvailable NaturalGasAvailable HighSpeedInternetAvailable PhoneAvailable SewerAvailable WaterAvailable
Possession CloseOfEscrow
Development Status RawLand
School District Watertown
Topography Level
Township Not Applicable
Property Subtype Commercial
County Jefferson
Property Type Land
Possible Use Commercial Other SingleFamily
Other Structures None
Status Active
Directions From downtown Watertown head east toward Court Street. Turn left onto Court Street. Turn right onto Court Street Bridge. Sharp right onto US-11 S/Mill Street.
City Watertown City
Senior Community Y/N No
High School District Watertown
Zoning Description Other - See Remarks
Number Of Units Total 0
MLS Area Watertown-City-221800
Lot Size Units Acres
Lot Size Square Feet 388555.0
Tax Annual Amount 2397.0
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1581590
Standard Status Active
Middle/Junior School District Watertown
Elementary School District Watertown
Tax Assessed Value 86350
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 120
Property Sub Type Additional Commercial Residential
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ExteriorVegetation PartiallyWooded
Parking Features NoDriveway
Lot Features CornerLot CityLot IrregularLot ResidentialLot Subdivision Wooded Level
Water Source Public Other SeeRemarks
Lot Size Area 8.08
Lot Dimensions 557X
Lot Size Acres 8.08
Wooded Area 0.0
Waterfront Y/N No
Road Frontage Type CityStreet
Cultivated Area 0.0
Pasture Area 0.0
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InteriorTotal Fireplaces 0
Fireplace Y/N No
Main Level Bathrooms 0
Total Baths 0
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* Excluded FeaturesList ByBridgeview Real EstateBroker
Affordability Calculator
- Monthly Principal & Interest
- $780
- Monthly Property Taxes
- $200
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyTrends Information provided by ATTOM Data Solutions.
247479 Elementary School
248093 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/22/2025 | $125,000 | -37.19% | Price Down |
| 9/24/2025 | $199,000 | -16.74% | Price Down |
| 5/1/2025 | $239,000 | -4.02% | Price Down |
| 12/18/2024 | $249,000 | | Listed Price |