Property profile

0 Ny-23 Cairo, NY 12413

OFF-MARKET
Land
106 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 106 ac (4,617,360 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Ny-23 Cairo, NY 12413
Cairo metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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