Clove Road

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Clove Road

Blooming Grove, NY 10914
Asking Price
$69K
Asset Type
Land
Class
Class B

What's Special

Situated on Clove Road in Blooming Grove, Orange County, this expansive land parcel is set within a mix of rural landscapes and light industrial developments. The property offers proximity to major regional thoroughfares, including New York State Route 208 and the nearby Route 17 corridor, providing accessibility to the greater Hudson Valley. Local amenities include established retail centers in neighboring Washingtonville and Chester, while the surrounding area is characterized by a blend of agricultural operations and emerging commercial enterprise. The site is suited for various commercial or industrial applications consistent with local zoning regulations, such as equipment storage, distribution hubs, or specialty agricultural facilities. Potential tenants or owner-users typically include logistics firms, construction companies requiring yard space, or developers seeking a strategic foothold in a growing suburban corridor. The topography and road frontage support mid-to-large-scale operations requiring reliable transport links and proximity to regional transit arteries.

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NOI
$80,000
Cap Rate
115.94%
DSCR
19.53
Strong
Cash-on-Cash
366.68%
Monthly Payment
$341.374
Annual Cash Flow
$75,903.508

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