280 Marble Ridge Road

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280 Marble Ridge Road

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).

  • The parcel for sale encompasses 20.25 acres of commercial land.
  • Located in Canaan, New York, with coordinates 42.3966, -73.4298.
  • The property offers substantial space for diverse commercial development projects.
  • Investors can explore versatile site planning for retail or industrial use.
  • The site provides a footprint for large-scale operations in Canaan.

What's Special

This commercial land acquisition in Canaan, New York, presents a 20.25-acre parcel suitable for investors or developers seeking expansion in the region. The site provides ample space for a variety of commercial site plans, ranging from industrial development to retail operations, benefiting from its positioning within this growing market area. Canaan offers a strategic environment for business interests looking to establish a presence with proximity to essential regional transit routes and local supply chains. The property allows for flexible development strategies, making it a viable candidate for those seeking to capitalize on the increasing demand for commercial real estate in upstate New York. By leveraging this significant acreage, owners can customize the infrastructure to align with specific organizational requirements or future lease-up objectives. Given the expansive footprint, the parcel is well-positioned for large-scale projects that require substantial land area to support complex operations or professional facilities.

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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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