Flats Road

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Flats Road

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 parcel spanning 165 acres in Athens, New York.
  • Property is situated on Flats Road within a growing regional corridor.
  • The expansive acreage supports various large-scale commercial development projects.
  • Strategic location offers access to regional transportation routes for logistics efficiency.
  • Versatile site suitable for corporate facilities or distribution center operations.

What's Special

Development of this 165-acre commercial land parcel on Flats Road in Athens, New York, offers significant potential for large-scale operations requiring substantial acreage. The site provides a flexible canvas for various commercial applications, benefiting from its positioning within the growing regional landscape of the Hudson Valley. Proximity to major transportation arteries allows for efficient connectivity throughout the state, making the location a strategic choice for businesses looking to establish a footprint in this corridor. The expanse of the property supports diverse site planning, whether for distribution, corporate facilities, or other large-scale commercial ventures that require space for growth and infrastructure development. Athens remains a notable area for investment, characterized by its mix of historic appeal and emerging economic activity. This land tract provides an opportunity for investors and developers to capitalize on the increasing demand for commercial space in the region. The scale of the property allows for comprehensive master planning tailored to modern business requirements.

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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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