11 - I Appalachian Drive

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11 - I Appalachian Drive

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).

  • The site encompasses a total of 1.36 acres of commercial land.
  • Property is situated within the town of Athens in New York.
  • This parcel is zoned for versatile commercial use and development.
  • The land provides a scalable site for regional business operations.
  • Coordinates place the asset at 42.3055 latitude and -73.7984 longitude.

What's Special

Spanning 1.36 acres, this commercial land parcel occupies a strategic position in Athens, New York. The property is well-positioned for commercial development, offering sufficient space for a variety of business operations or investment ventures. As Athens continues to evolve as a key part of the regional economy, this site provides an adaptable foundation for developers or investors seeking a presence in this growing Greene County submarket. Its proximity to major regional transit routes facilitates access for both local traffic and those moving through the Hudson Valley corridor. Prospective owners might consider the site for retail, service-oriented business, or professional office use, taking advantage of the available acreage to accommodate specific project requirements. The landscape offers a clean canvas for construction, suitable for businesses that benefit from visibility and accessibility within the surrounding 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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