Rugen Road

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Rugen 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 site encompasses 7.91 acres of commercial land.
  • Located on Rugen Road in Canaan, New York.
  • The property is currently available for purchase.
  • Coordinates are positioned at 42.3966, -73.4298.
  • Suitable for diverse regional commercial development projects.

What's Special

This 7.91-acre commercial land parcel on Rugen Road in Canaan, New York, presents a sizable footprint for development within a growing regional market. Positioned in a region characterized by its accessible connection to major interstate corridors, the site benefits from the balance of rural character and proximity to established commerce. The property is suitable for various commercial use cases, offering space for business operations that require proximity to both residential hubs and regional transit networks. Investors and developers focusing on the Hudson Valley area may find this location conducive to projects seeking land depth in an accessible setting. The expansive nature of the lot provides flexibility for site layout and design, allowing for potential development paths consistent with commercial standards in Columbia County. Its strategic placement serves as a versatile anchor for regional business expansion or investment portfolios targeting underdeveloped commercial land.

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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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