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).

  • The property consists of 16.3 acres of commercial land.
  • Located directly along New Concord Road in Canaan, New York.
  • The site features a flexible layout suitable for various commercial uses.
  • Columbia County provides a strategic location for regional business development.
  • This parcel offers significant space for large-scale industrial or commercial operations.

What's Special

This commercial land covers 16.3 acres along New Concord Road in Canaan, New York. The property serves as a blank canvas in a region characterized by its accessible connection to regional transit corridors and the broader Hudson Valley economy. This area of Columbia County attracts interest from those looking to capitalize on proximity to interstate travel and the balance between rural landscapes and professional utility. Investors and business buyers may evaluate the site for a variety of development paths, given the expansive acreage available. The location provides potential for industrial operations, regional distribution, or commercial service centers requiring significant ground area. Its strategic position within the local market supports long-term growth objectives for developers seeking a foothold in this part of upstate New York. Interested parties should perform due diligence regarding site-specific zoning and utility requirements to ensure the parcel aligns with their specific operational 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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