Property profile

62 Christian Ln Whately, MA 01093

OFF-MARKET
Commercial real estate
40.6 ac lot Built 2013
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Property summary

AI-generated overview

This exceptional 40.6-acre property in Whately, Massachusetts, presents a unique investment opportunity in the thriving agricultural sector. The centerpiece is a state-of-the-art greenhouse complex totaling over 160,000 square feet of certified organic, heated growing space. Constructed between 2013 and 2016, these greenhouses utilize a Westbrook Apex ridge vented design, encompassing 21 bays and providing ample room for large-scale cultivation. The property is fully equipped and operational, featuring a dedicated water room complete with storage and high-capacity pumps capable of simultaneously supporting all 16 booms and flood irrigation systems. A significant advantage is the substantial solar array, which significantly reduces operational costs by supplying up to 80% of the property's electrical needs. This translates to substantial savings on energy expenses. The strategic location offers easy access to major highways, providing convenient transportation links. Situated just 35 minutes north of Springfield, MA, the property benefits from proximity to thriving businesses and a supportive regional economy. The expansive acreage and existing infrastructure present significant potential for future expansion or redevelopment, allowing for further growth and diversification of operations. This turnkey operation is ideal for established agricultural businesses or entrepreneurs seeking to enter the lucrative indoor farming market. The combination of scale, technology, and location makes this a truly exceptional commercial real estate offering.

Property profile

Verified
Property type Commercial real estate
Year built 2013
Lot 40.6 ac (1,768,536 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

62 Christian Ln Whately, MA 01093
Whately metro
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Value estimations

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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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