High Hill Rd.

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High Hill Rd.

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).

  • Located on High Hill Road in Athens, New York.
  • Property consists of 15 acres of commercial land.
  • Situated at coordinates 42.2826 and -73.8301.
  • The site is available for purchase in a growing submarket.
  • Commercial land allows for diverse development and investment possibilities.

What's Special

Athens, New York, serves as a growing rural submarket in the Hudson Valley, benefiting from its proximity to regional transportation corridors and a steady local economy. This 15-acre parcel of commercial land on High Hill Road provides a significant footprint for development in a region that balances community character with commercial access. The property sits within a landscape known for its accessibility to major state routes connecting the Albany capital district to the broader Hudson River region. Given the zoning and classification as commercial land, this site is suitable for various investment strategies or business operations. Prospective buyers can explore development potential for retail, industrial, or mixed-use projects designed to serve the needs of the surrounding population. The raw scale of the acreage allows for flexible site planning, accommodating substantial infrastructure or specific structural requirements. Investors and developers will find this offering a functional addition to their portfolio in a stable and accessible area of upstate New York.

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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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