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    Timberidge Dr Russell, MA 01071

    Sponsored
    For Sale
    $800,000

    Prime Residential Land, 60-103 Acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 60-103 acre parcel in Russell, Massachusetts presents a remarkable opportunity for residential development. The property is an approved subdivision, ideally situated to capitalize on the high demand for new homes in this growing area. Located in Hampden County, with a convenient address on Timberidge Dr, zip code 01071, this land offers significant potential for developers and builders seeking a lucrative investment. The location boasts proximity to both an air base and a university, contributing to its desirability. The asking price is $800,000. Please note that the existing owner's home, situated on the land, will be subdivided upon sale of the development and is not included in this offering. Photos are for illustrative purposes only and do not accurately depict lot lines or the final subdivision plan. Prospective buyers are strongly encouraged to conduct independent due diligence, including a thorough review of zoning regulations, infrastructure requirements, and current market trends to ensure the feasibility and success of their project. This is a unique chance to contribute to the housing market in a desirable location while achieving a strong return on investment. Don't miss this chance to acquire this approved subdivision and build your vision.

    Property Features for 0 Timberidge Dr

    General Information

    Property type
    Land
    Lot Size
    2,613,600 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Russell
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.8689556
    Latitude
    42.1701302

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    FAQs

    What type of property is this?
    Land - Prime Residential Land, 60-103 Acres
    Where is this land located?
    The property is located at Timberidge Dr Russell, MA.
    What is the asking price?
    The asking price for this property is $800,000.
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    Timberidge Dr Russell, MA 01071
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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
    Timberidge Dr Russell, MA 01071
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