0 Ny-23, Cairo, NY 12413
This exceptional 106-acre parcel of industrially zoned land presents a unique opportunity for large-scale development. Strategically located along NY State Route 23, midway between Newburgh and Albany, this property boasts convenient access to major transportation arteries. The seller has already secured right-of-way access to a signalized intersection, significantly enhancing accessibility and visibility. A conceptual site plan has been developed, outlining the potential for multiple warehouse buildings ranging from 100,000 square feet to 1 million square feet. The owner is prepared to subdivide the front pad sites to accommodate various industrial needs. Extensive due diligence has already been completed, including a geotechnical report and wetland delineation study, streamlining the development process. Municipal water and sewer services are readily available, eliminating significant infrastructure hurdles. The property benefits from a supportive local environment, with the town, county, and economic development agencies actively encouraging industrial growth. This turnkey opportunity combines prime location, infrastructure readiness, and a pro-development community, making it an ideal investment for significant industrial development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.