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4.5 Acres Lot
$ 1,000,000
Est. payment | /mo
4.5 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73137572
HOA Y/N false
Annual Tax Amount $7,166
Tax Year 2023
Lot Size 4.500 Acres
Acres 4.5
Property Description
Rarely available developable land near the Amherst/Hadley line. Approximately 4.509 acre parcel located directly off of Rt. 9 in the Greenleaves neighborhood, surrounded by residential condos and apartments. Zoned PRP (Professional and Research Park). Initial permits approved for a 98 unit assisted living facility. Appraised in 2021 for $1,920,000. Mostly flat and partially cleared. Gas, electric, public water, and sewer connections available nearby. Great development opportunity tucked into a quiet area, seconds from the Rt. 9 retail corridor. Minutes from Mountain Farms Mall, Hampshire Mall, UMass Amherst, Amherst College, Hampshire College, and downtown Amherst. Only 6 miles from downtown Northampton and 10.2 miles from Mt. Holyoke College. Convenient access to area amenities/recreation, including the Norwottuck Rail Trail and conservation areas. Listed significantly below appraised value.
Location
State MA
County Hampshire
Zoning PRP
Direction GPS. Parcel is located across street from sign that says 23 Greenleaves Drive.
Exterior
Community Features Shopping, Bike Path, University, Other
Building
Lot Description Flood Plain, Wooded, Cleared
Sewer Public Sewer, Nearby
Water Public, Nearby
Others
Senior Community false
Listed by SR Commercial Realty