328 Mercer Mountain Road

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328 Mercer Mountain 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).

  • Parcel spans 15.63 acres of commercial-zoned land
  • Property situated on Mercer Mountain Road in Canaan
  • Development site located within Columbia County, New York
  • Region offers access to Berkshire and Hudson Valley markets
  • Large acreage suitable for various commercial development projects

What's Special

Canaan serves as a quiet gateway between the Hudson Valley and the Berkshires, drawing interest for its accessibility to regional transit corridors and scenic landscape. This 15.63-acre parcel on Mercer Mountain Road provides a substantial footprint for development within this New York community. Given the size and rural character of the submarket, the site supports various commercial applications ranging from hospitality ventures and retreat facilities to specialized recreational developments. Investors and developers will find the terrain suitable for projects that benefit from the area's steady regional traffic and proximity to the Massachusetts border. The site offers a blank canvas for those seeking to capitalize on the increasing demand for commercial space in Columbia County. Its scale allows for significant site planning flexibility, making it a viable consideration for businesses looking to establish a footprint in a growing corridor that balances proximity to larger metropolitan hubs with a more deliberate, land-focused development pace.

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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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