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21.17 Acres Lot
$ 1,000,000
Est. payment | /mo
21.17 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73435901
HOA Y/N false
Annual Tax Amount $1,282
Tax Year 2025
Lot Size 21.170 Acres
Acres 21.17
Property Sub-Type Residential
Property Description
An extraordinary opportunity awaits developers and visionary investors 21 acres of prime, riverfront land in the heart of Chicopee one of the largest undeveloped tracts in any densely populated area of Massachusetts.Immediate Income Potential: A recent lease offer afrom Ameresco (NYSE: AMRC) proposes $40,000/year with escalation to utilize just 1 acre for a renewable energy battery storage facility showcasing the land's attractiveness for green infrastructure and innovative uses. Long Term Residential Development With the potential for soil reclassification, this gently sloped parcel presents a compelling opportunity for a large-scale residential development.Surveyors believe the land supports reclassification from terrace escarpment to buildable urban soils unlocking significant value for the right developer.Whether you're pursuing sustainable commercial uses or looking to build a flagship housing community, this rare asset combines scale, location,and upside in one compelling package
Location
State MA
County Hampden
Zoning Res A & B
Direction off Nelson Street
Exterior
Community Features Public Transportation, Shopping, Highway Access, Public School, University
Building
Lot Description Level, Sloped, Wooded
Sewer Nearby
Water Nearby
Others
Senior Community false
Listed by Gallagher Real Estate
GET MORE INFORMATION
Steven Steiner
Broker | License ID: 068128
steven@whitehillestatesandhomes.com
48 Maple Manor Rd, Center Conway , New Hampshire, 03813, USA