2492 Route 23

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2492 Route 23

Hillsdale, NY 12529
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • This commercial land parcel spans a total of 6 acres.
  • The property is situated on Route 23 in Hillsdale, New York.
  • The site offers significant potential for commercial real estate development.
  • This location serves as a corridor between regional hubs and local communities.
  • The asset is currently offered for sale to prospective business owners.

What's Special

Spanning 6 acres of commercial land, this property at 2492 Route 23 in Hillsdale, NY, presents a flexible development site. The acreage provides sufficient space for businesses looking to establish a footprint in this part of Columbia County. Situated along a primary regional thoroughfare, the location benefits from accessibility to neighboring communities and the broader Hudson Valley region. This area is characterized by its rolling landscape and steady regional economic activity, making it suitable for a variety of commercial enterprises seeking a semi-rural setting with road frontage. Potential developers may consider this site for retail, storage, or professional office uses that require outdoor space or specific building layouts. Investors and businesses focusing on regional expansion can leverage the scale of this parcel to accommodate project requirements while maintaining visibility on a well-traveled route in a growth-oriented market segment.

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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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