State Route 295

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State Route 295

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 available for sale in Canaan
  • Total site area encompasses 14.36 acres of land
  • Located directly along the State Route 295 corridor
  • Suitable for a variety of commercial development projects
  • Positioned within the scenic Columbia County region

What's Special

This commercial land offering in Canaan, New York, presents an acquisition opportunity for investors or developers seeking a strategic site along State Route 295. Spanning 14.36 acres, the property provides substantial space for various commercial development projects. The site is situated within a rural region of Columbia County, known for its proximity to the Massachusetts border and accessibility to the Berkshires. Given the expanse of the land and its regional visibility, it remains well-suited for light industrial, retail, or service-oriented business developments that require significant acreage and highway access. Prospective buyers can leverage the dimensions of this parcel to accommodate large-scale infrastructure or specialized commercial facilities. The surrounding area maintains a consistent pace of growth, reflecting broader economic trends in the upstate New York submarket, making this an actionable prospect for those looking to expand their real estate portfolio in a developing 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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