Schoharie Turnpike

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Schoharie Turnpike

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).

  • Large 44.96-acre commercial land parcel for sale.
  • Located on Schoharie Turnpike in Athens, New York.
  • Versatile site suitable for multiple commercial development projects.
  • Positioned within the growing Hudson Valley regional corridor.
  • Provides substantial acreage for varied site planning needs.

What's Special

This 44.96-acre commercial land parcel on Schoharie Turnpike in Athens, New York, is available for sale, offering significant potential for investors and developers seeking a strategic foothold in the region. The expansive site provides a versatile canvas for various commercial projects, given its size and configuration. The local submarket benefits from its position within the Hudson Valley, a corridor known for steady growth and connectivity between regional hubs. Potential use cases for this acreage include hospitality development, logistics facilities, or large-scale retail projects that require substantial footprint and road visibility. Interested parties can leverage the area's ongoing economic development to establish a presence within this growing corridor. With ample space and a flexible zoning profile, the property supports diverse commercial applications designed to serve both local and regional needs. This offering is well-suited for buyers aiming to execute long-term capital improvement plans in an accessible part of New York State.

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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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