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    East St Lee, MA 01238

    Sponsored
    For Sale
    $93,500

    1.42 Acres, Two Buildable Lots

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.42-acre property in Lee, Massachusetts, presents a unique opportunity for residential development. Located on East Street in Berkshire County, this parcel boasts 324 feet of road frontage, providing ample space for construction. The land is comprised of two buildable lots, offering the flexibility to create a single expansive home or two separate residences. With an estimated total area of 61,855 square feet, the site is conveniently equipped with access to essential utilities, including electricity, water, sewer, and natural gas. A temporary curb cut is already in place, streamlining the building process. The property's location in Lee, MA, offers a desirable setting within Berkshire County, combining tranquility with convenient access to local amenities. This is an ideal opportunity for builders or individuals seeking to create their dream home(s) in a picturesque Massachusetts setting. The asking price is $93,500. The zip code is 01238.

    Property Features for 0 East St

    General Information

    Property type
    Land
    Lot Size
    61,855 SF

    HighLights

    • 1.42‑acre lot, 61,855 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lee
    County
    Berkshire
    State
    Massachusetts
    Longitude
    -73.2340288
    Latitude
    42.3141142

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    Nearby Similar for Sale

    • $475,000
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      Downtown Lee Mixed-Use Investment

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      208 Main St, Lee, MA 01238
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    FAQs

    What type of property is this?
    Land - 1.42 Acres, Two Buildable Lots
    Where is this land located?
    The property is located at East St Lee, MA.
    What is the asking price?
    The asking price for this property is $93,500.
    What are key features of this property?
    This property features: 1.42-acre lot, 61,855 square feet.; ;
    Request Owner's contact information
    East St Lee, MA 01238
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    East St Lee, MA 01238
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