New Concord Road

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New Concord 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 spanning 17 acres in Canaan
  • Strategically positioned property located on New Concord Road
  • Suitable site for various retail or industrial developments
  • Accessible location within the growing Hudson Valley region
  • Offered for sale for investors and commercial developers

What's Special

This 17-acre tract of commercial land on New Concord Road in Canaan, New York, is currently available for sale. Its strategic location within this regional corridor makes it a viable candidate for developers and business owners looking to establish a footprint in a growing area of the Hudson Valley. Given the size and zoning potential, the site is well-suited for diverse commercial applications ranging from light industrial operations to retail or mixed-use development projects. Investors seeking to capitalize on regional growth patterns will find the acreage provides substantial flexibility for various site plans and infrastructure requirements. The parcel benefits from its proximity to established regional transit routes, providing accessibility for logistics, customers, or employees. As Canaan continues to attract interest from those transitioning away from denser urban centers, this property serves as a functional foundation for scalable commercial ventures in the upstate New York market.

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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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