185 Richmond Road

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185 Richmond Road

Chatham, NY 12037
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 parcel spans 22.71 acres of land in Chatham, New York.
  • This commercial-zoned asset provides significant development potential for various business uses.
  • The property is located on Richmond Road within Columbia County.
  • Investors can utilize the expansive acreage for multiple commercial project types.
  • The site offers a spacious footprint in an established regional market.

What's Special

Chatham sits within a scenic region of New York, providing a distinct rural landscape that appeals to those seeking space and long-term development potential. This 22.71-acre parcel of commercial land at 185 Richmond Road occupies a strategic position for investors interested in the region's evolving economic footprint. The expansive acreage allows for various site plans, making it a viable candidate for ventures requiring substantial ground coverage. Potential use cases for this asset include a range of commercial developments suited to the local landscape, such as retail, service-oriented business complexes, or specialized hospitality projects. The property benefits from the quiet character of Columbia County while remaining accessible to the regional transportation network. Stakeholders can leverage the significant size of this plot to tailor the site to specific commercial requirements in a developing suburban and rural 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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