River Road

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River Road

Austerlitz, NY 12017
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 comprising 12.44 total acres.
  • Property is situated directly along River Road.
  • Located within the town of Austerlitz, New York.
  • Flexible acreage suitable for various commercial development projects.
  • Site offers potential for regional retail or hospitality uses.
  • Geographic location bridges Hudson Valley and Massachusetts markets.

What's Special

This 12.44-acre commercial land parcel sits along River Road in Austerlitz, New York. Positioned within Columbia County, this property provides a significant footprint for commercial development in a region defined by its rural character and proximity to the Berkshire Mountains. The site offers regional accessibility, serving as a strategic point between the Hudson Valley and the Massachusetts border. Investors and developers might consider this land for a variety of commercial projects suited to the local market demographics, including hospitality, retail, or service-based enterprises that require acreage and road visibility. The expansive acreage allows for flexible site planning, accommodating both large-scale footprints and projects requiring substantial open space for operational needs. Proximity to local thoroughfares facilitates logistics and customer access, supporting long-term commercial utility in this growing corner of the 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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