County Rt 5

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County Rt 5

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 spanning 15.05 acres in Canaan
  • Located directly along the County Rt 5 corridor
  • Versatile site suitable for a range of commercial developments
  • Regional position offers access to New York and Massachusetts
  • Significant acreage for large-scale construction and site planning

What's Special

This 15.05-acre commercial land parcel sits along County Rt 5 in Canaan, New York. Positioned within the scenic Hudson Valley region, the property benefits from the area's ongoing appeal to businesses seeking proximity to regional transit corridors and the Massachusetts border. The substantial acreage provides a flexible canvas for various commercial development projects, including hospitality ventures, retail centers, or specialized storage facilities. Its location in a growing rural market allows for strategic site planning in an environment characterized by steady connectivity and access to key interstate routes. Investors and developers will find the site well-suited for projects that require significant footprint and exposure in this quiet yet accessible part of the state. The open nature of the terrain supports diverse site configurations and potential for multiple commercial applications depending on local requirements and business needs.

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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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