Mar-Vin Drive

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Mar-Vin Drive

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 asset spanning 5.02 acres in Cairo
  • Strategically positioned within the growing Greene County region
  • Located along Mar-Vin Drive with convenient regional access
  • Suitable site for various commercial development projects
  • Offers significant acreage for versatile land use planning

What's Special

Cairo serves as a gateway to the Northern Catskills, offering a strategic location for commercial expansion within Greene County. This 5.02-acre parcel on Mar-Vin Drive presents a functional canvas for development in a region experiencing steady interest from businesses seeking accessibility to regional thoroughfares. The property sits within a landscape characterized by its connection to outdoor recreation and proximity to local community hubs, making it a viable candidate for various commercial applications. Investors and developers can evaluate the land for site-specific projects that require sizable acreage in a rural yet accessible setting. The scale of the lot provides flexibility for ground-up construction or industrial development, depending on local municipal guidelines. Given the regional economic environment, this land holding fits well into a broader portfolio focused on land banking or new commercial site acquisition in the upstate New York market.

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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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