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    OFF-MARKET
    Land

    0 Art School Rd, Monterey, MA 01245

    41.28 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 41.28-acre parcel of land presents a unique investment opportunity in Monterey, Massachusetts. Located at 0 Art School Road, this property is zoned RES and offers a tranquil setting amidst pristine wooded land. The expansive acreage provides ample space for a variety of commercial ventures, while its proximity to Beartown State Forest and Lake Garfield enhances its appeal. The property boasts easy access to the charming town of Monterey, known for its local art galleries and community events, and is conveniently situated within driving distance of Pittsfield. The asking price of $316,900 represents a below-market value opportunity, further enhanced by the availability of owner financing. The property's Assessed Parcel Number (APN) is M:0213 B:0023 L:0,4656374. This is a rare chance to acquire a significant landholding in a desirable location within Berkshire County, Massachusetts, zip code 01245. The property's latitude and longitude coordinates are 42.2031319 and -73.2118625 respectively. This presents a compelling investment prospect for those seeking a substantial land asset in a picturesque setting.

    Property profile
    Verified
    Property type Land
    Lot 41.28 ac (1,798,157 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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