Memorial Drive

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Memorial Drive

Austerlitz, NY 12165
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 totaling 6.5 acres available for acquisition
  • Located on Memorial Drive in the township of Austerlitz
  • Versatile site suitable for diverse commercial development projects
  • Positioned within the accessible and growing Columbia County submarket
  • Regional connectivity benefits from proximity to key local transit routes

What's Special

Development of this 6.5-acre commercial land parcel on Memorial Drive in Austerlitz, New York, offers significant potential for a variety of business ventures. Its strategic placement provides accessibility for operations requiring visibility and a steady flow of regional traffic within Columbia County. This expansive tract serves as a versatile site for those seeking to establish a foothold in this growing rural market, which maintains a strong connection to the broader Capital District and Berkshires economies. Prospective buyers have the flexibility to design a layout suitable for light industrial, retail, or office configurations that align with local development standards. Given the regional landscape, the site is well-positioned for organizations looking to balance professional accessibility with the characteristic privacy of the upstate New York environment. Investors should evaluate this acreage for its long-term utility in a region defined by steady demand for commercial infrastructure and proximity to major interstate thoroughfares.

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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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