1627 Route 295

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1627 Route 295

Canaan, NY 12029
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 consisting of 22.56 acres of space.
  • Located at 1627 Route 295 in Canaan, New York.
  • Property features substantial acreage for a variety of developments.
  • Positioned with direct access to local transportation routes.
  • Situated within the growing Columbia County market region.

What's Special

This 22.56-acre commercial land parcel in Canaan, New York, is currently available for purchase by investors or developers seeking to establish a presence in a rural Columbia County setting. Positioned along Route 295, the expansive acreage offers significant versatility for projects requiring substantial footprint or open space. The site sits within a region characterized by its rolling landscape and connectivity between the Hudson Valley and the Berkshires, providing a strategic foothold for ventures that benefit from local transit corridors and proximity to neighboring regional centers. Potential uses for this property range from large-scale commercial development to specialized facilities that require sizable land holdings. Prospective buyers will find this location suitable for ventures aiming to capitalize on the area's development potential and accessible road frontage. The site provides a clean slate for planning projects aligned with regional growth trends and municipal considerations in the Canaan submarket.

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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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