Tbd Lucas Turnpike

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Tbd Lucas Turnpike

Accord, NY 12404
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Large 94.9-acre commercial land parcel for sale in Accord.
  • Property is situated directly on Lucas Turnpike in New York.
  • Ample acreage supports diverse commercial and recreational development potential.
  • Located within the desirable and accessible Hudson Valley regional market.
  • Suitable for hospitality, agricultural, or mixed-use project site planning.

What's Special

This 94.9-acre commercial land parcel on Lucas Turnpike in Accord, New York, presents a significant development prospect within the Hudson Valley region. Spanning a generous acreage, the property occupies a strategic position in a rural market increasingly sought after for its balance of natural landscape and accessibility to major regional transport corridors. The size of the plot provides flexibility for various commercial applications, ranging from hospitality ventures and large-scale recreational facilities to niche agricultural or mixed-use developments that cater to the growing demand for regional lifestyle-oriented business operations. As the local economy continues to evolve with shifts toward sustainable tourism and experiential commerce, this sizable holding remains a viable candidate for investors focused on land banking or long-term project planning. The topography and regional connectivity support diverse potential site layouts, making this tract a functional asset for those seeking to establish a foothold in a quiet but well-connected upstate New York municipality.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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