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Property profile & analytics
OFF-MARKET
Land

0 Lot #140 Westbrook Ter Pittsfield, MA 01201

1.23 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1.23 ac (53,579 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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