Property profile

0 Art School Rd Monterey, MA 01245

OFF-MARKET
Land
41.28 ac lot
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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

Location

Art School Rd Monterey, MA 01245
Monterey metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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