Tunnel Hill Road

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Tunnel Hill 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 tract encompassing 23.4 acres of total area.
  • Located along Tunnel Hill Road in Canaan, New York.
  • Strategic position near the New York and Massachusetts border.
  • Parcel supports diverse development for regional commercial business operations.
  • Accessible location near major regional transportation and highway networks.

What's Special

Spanning 23.4 acres of commercial land, this Tunnel Hill Road property in Canaan offers a significant footprint for development. The site provides ample space for a variety of commercial applications, catering to investors or businesses seeking to establish a presence within this growing Columbia County community. Positioned near the Massachusetts border, the land benefits from the regional connectivity of the Taconic State Parkway and nearby major transit corridors, facilitating efficient access to regional hubs in both New York and New England. The rural character of the submarket makes it a practical choice for operators focused on distribution, service-based enterprises, or large-scale commercial facilities that require acreage. Buyers will find this tract to be a versatile asset in a market that balances scenic landscapes with proximity to essential infrastructure and workforce populations. Whether developing long-term holdings or specific commercial projects, this parcel delivers the scale necessary for expansive site planning.

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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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