- lot 266 Billingswood

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- lot 266 Billingswood

Athens, NY 12015
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land asset covering 1.79 acres of buildable space.
  • Located at lot 266 Billingswood within Athens, New York.
  • Property suited for retail, office, or service-based commercial development.
  • Positioned in a region with steady demand for business space.
  • Land parcel represents a clear development opportunity for investors.

What's Special

This 1.79-acre commercial land parcel in Athens, New York, presents a flexible acquisition for investors or developers seeking to establish a foothold in a growing regional market. Situated at lot 266 Billingswood, the property provides sufficient acreage for various commercial applications, ranging from retail developments to professional office space or specialized service facilities. The site benefits from its position within a corridor that balances accessibility with the local charm of the Hudson Valley region, an area characterized by steady demand and proximity to key transit routes serving the wider upstate New York economy. Prospective buyers can leverage the site's layout to accommodate infrastructure needs suitable for modern business operations. The land offers a clean slate for developers looking to capitalize on regional growth patterns or expand a portfolio with raw commercial assets in a strategic location. With its clear boundaries and size, this site stands as a practical choice for those focused on long-term development or strategic land holding in a stable 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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