County Route 9

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County Route 9

Canaan, NY 12060
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 property features 136.87 acres of developable commercial land.
  • Located on County Route 9 in Canaan, New York.
  • Parcel offers significant acreage for large-scale site planning.
  • Positioned within the growing Columbia County commercial corridor.
  • Suitable for commercial, recreational, or industrial development projects.

What's Special

This 136.87-acre commercial land parcel on County Route 9 provides a significant footprint for development in Canaan, New York. Positioned within Columbia County, the property benefits from the region's rural character and proximity to key transit corridors connecting the Hudson Valley to the Berkshires. Its expansive acreage allows for flexible site planning, making the site suitable for large-scale commercial, recreational, or mixed-use development projects that require substantial open space. The site's geographic location serves a growing market that balances regional tourism with local commercial expansion needs. Investors and developers can leverage the significant lot size to accommodate site-specific infrastructure requirements or long-term land banking strategies. With direct road access, the parcel remains accessible for various industrial or commercial activities compatible with local land use regulations. This asset represents a sizable holding for entities looking to establish a footprint in this part of upstate New York.

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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

Location & Travel Times