Joel M Austin Road

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Joel M Austin Road

Cairo, NY 12413
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 parcel spanning 10.31 acres in Cairo.
  • Located along Joel M Austin Road in New York.
  • Property situated within the expanding Catskill regional submarket.
  • Flexible acreage suited for diverse commercial project applications.
  • Strategic location offers accessibility to regional transportation corridors.

What's Special

This commercial land covers 10.31 acres along Joel M Austin Road in Cairo, New York. Positioned within the Catskill region, this site benefits from proximity to established regional thoroughfares that facilitate access across the Hudson Valley. The surrounding submarket serves as a gateway to mountain tourism and local residential communities, maintaining a consistent demand for service-based businesses and regional commerce. Development potential for this expansive parcel includes a variety of commercial applications suitable for a growing suburban market. Investors and developers may consider uses ranging from retail and hospitality to light industrial or mixed-use projects. The size of the tract provides flexibility for site layout and expansion, allowing for configurations tailored to meet current zoning requirements and local business needs.

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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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