Lee OKnobit Road

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Lee OKnobit 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).

  • Commercial land parcel totaling 114.16 acres for sale
  • Located along Lee OKnobit Road in Canaan, New York
  • Expansive site suited for large-scale commercial development projects
  • Strategically positioned within an accessible rural regional market
  • Parcel offers significant contiguous land for versatile business use

What's Special

This commercial land spans 114.16 acres on Lee OKnobit Road in Canaan, New York. Positioned within a scenic region of the state, the property offers significant acreage suitable for various development projects. Investors and developers will find the expansive nature of this site beneficial for large-scale planning or potential commercial expansion in an area characterized by its rural setting and regional accessibility. Canaan provides a quiet environment that remains connected to the broader Hudson Valley and Berkshires markets, making it a viable candidate for ventures requiring substantial contiguous land. Given the total size of the parcel, the site presents practical utility for diverse commercial applications looking for growth within a growing northern corridor.

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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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