Route 23 & 17

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Route 23 & 17

Ashland, NY 12407
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Development site spans 11.7 acres of commercial land
  • Strategically situated at the intersection of Route 23 and Route 17
  • Located within the growing commercial submarket of Ashland, New York
  • Large footprint supports diverse commercial or retail building applications
  • Available for immediate acquisition by investors or development groups

What's Special

Development potential defines this 11.7-acre commercial land parcel situated at the intersection of Route 23 and Route 17 in Ashland, New York. This expansive acreage provides substantial space for various commercial ventures, ranging from retail developments to hospitality projects or service-oriented facilities. Ashland serves as a growing market in the region, offering accessibility that benefits businesses requiring high visibility and steady traffic flow. Given the significant footprint, the site accommodates flexible site planning to meet specific operational requirements. Investors and developers have a strategic opportunity to capitalize on this commercially zoned land to establish a presence within the area. The site provides a clean slate for vertical construction, infrastructure investment, or long-term land banking strategies aligned with local growth trends. Prospective buyers should conduct independent due diligence regarding utilities and site-specific permit requirements to ensure alignment with their intended project scope.

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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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