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    37 Butternut St Greenfield, MA 01301

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    209 Acres, Multiple Use Potential, MA

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 209-acre Greenfield, Massachusetts property presents a significant development opportunity. Strategically located at 37 Butternut St, 01301, this expansive site offers a unique blend of zoning and existing infrastructure. Approximately 82 acres are zoned for industrial use, providing ample space for a variety of projects. Currently featuring an operational aggregate processing facility, the land offers immediate income potential and established infrastructure. The property also benefits from a cell tower generating ongoing revenue. The remaining acreage is zoned Planned Industrial and Rural Residential, allowing for diverse development options. Its convenient access to Route 2 and Interstate 91 ensures excellent connectivity and logistical advantages. The development-friendly community of Greenfield provides a supportive environment for new ventures. This is a rare opportunity to acquire a large-scale industrial site with multiple income streams and significant future development potential in a prime location within Franklin County. The property's size, zoning flexibility, and existing infrastructure make it an ideal investment for developers seeking a high-return project. The existing cell tower provides a passive income stream, further enhancing the investment's appeal. This is a truly unique opportunity to capitalize on the growing industrial sector in Massachusetts.

    Property Features for 37 Butternut St

    General Information

    Property type
    Land
    Lot Size
    9,104,040 SF

    HighLights

    • 209‑acre site.
    • 82 acres of industrially zoned land.
    • Operational aggregate processing plant.
    • Planned Industrial and Rural Residential zoning.
    • Multiple permitted uses.
    • Easy access to Route 2 and I‑91.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Kitchen & Bath Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Greenfield
    County
    Franklin
    State
    Massachusetts
    Longitude
    -72.5596557
    Latitude
    42.6223925

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    FAQs

    What type of property is this?
    Land - 209 Acres, Multiple Use Potential, MA
    Where is this land located?
    The property is located at 37 Butternut St Greenfield, MA.
    What are key features of this property?
    This property features: 209-acre site.; 82 acres of industrially zoned land.; Operational aggregate processing plant.
    Request Owner's contact information
    37 Butternut St Greenfield, MA 01301
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    Greenfield, MA 01301
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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
    37 Butternut St Greenfield, MA 01301
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