0 Lot #140 Westbrook Ter Pittsfield, MA 01201
This exceptional 1.23-acre commercial lot, located at Lot #140 Westbrook Ter in Pittsfield, Massachusetts (zip code 01201), presents a unique investment opportunity. Situated in Berkshire County, this property offers ample space for development, boasting a total area of 53,579 square feet. The lot is zoned for commercial use and also designated as a ranch lot, providing flexibility for various development projects. The property includes two parking spaces, adding to its convenience and appeal. The location offers easy access to the amenities and attractions of Pittsfield and the broader Berkshire region, including a vibrant arts scene, diverse culinary options, and abundant outdoor recreational opportunities. Public utilities are readily available, ensuring modern convenience for any future development. This prime location within a desirable area makes this lot an attractive proposition for developers seeking a strategic investment in a thriving community. The asking price for this exceptional property is $1,200,000. Detailed plans for a potential 3,409 square foot single-story home (to be built) with an expandable second floor are available, showcasing the potential for residential development, though the property is zoned for commercial use. This presents a rare opportunity to acquire a substantial lot in a prime location with significant development potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.