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    OFF-MARKET
    Land

    30 Green Leaves Dr, Amherst, MA 01002

    4.51 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 4.509-acre parcel in Amherst, Massachusetts, presents a rare development opportunity. Located directly off Route 9 in the Greenleaves neighborhood, this mostly flat and partially cleared land boasts a highly desirable location. The property is zoned PRP (Professional and Research Park) and has already received initial permits for a 98-unit assisted living facility, making it ideal for investors seeking a quick start on a lucrative project. Its proximity to the bustling Route 9 retail corridor offers unparalleled convenience, with easy access to major shopping centers like Mountain Farms Mall and Hampshire Mall. Furthermore, its location near UMass Amherst, Amherst College, Hampshire College, and downtown Amherst ensures high demand and strong rental potential. The property's quiet residential setting, coupled with its proximity to the Norwottuck Rail Trail and nearby conservation areas, provides a unique blend of tranquility and accessibility. Public water and sewer connections are readily available, along with gas and electric utilities. The property's 2021 appraisal valued it at $1,920,000, making this $1,000,000 listing a significant opportunity below appraised value. The property's APN is 13D-81. This is a truly exceptional opportunity to capitalize on the growing demand for senior living accommodations in a prime location.

    Property profile
    Verified
    Property type Land
    Lot 4.51 ac (196,412 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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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