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Property profile & analytics
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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