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Property profile & analytics
OFF-MARKET
Land

0 Main St Rutland, MA 01543

118.1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 118.1-acre parcel in Rutland, Massachusetts, presents a unique investment opportunity. Currently zoned residential, it's approved for a 101-lot single-family home subdivision, offering significant development potential. Importantly, this subdivision is exempt from Rutland's annual cap on new single-family home construction, ensuring a streamlined development process. Located off Route 122, the property boasts a prime location with convenient access to local amenities including the Rutland Town Library, Rutland State Park, Naquag Elementary School, and Milk Room Brewing Company. The varied lot sizes within the approved subdivision plan offer flexibility for diverse housing options. Town water and sewer services are available, simplifying infrastructure development. The land's topography provides scenic New England views, enhancing the desirability of future homesites. Each lot is priced at $60,000 per acre, reflecting the exceptional value and potential of this development opportunity in Worcester County. This is a rare chance to acquire a large-scale residential development project in a desirable Massachusetts location, free from typical development restrictions. The property's address is Main St, Rutland, MA 01543.

Property profile
Verified
Property type Land
Lot 118.1 ac (5,144,436 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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