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    Life science properties

    133 Main Rd, Colrain, MA 01340

    Property ID
    US38-2050063
    Property summary
    AI-generated overview

    This exceptional 12-acre industrial property in Colrain, Massachusetts, presents a unique investment opportunity. Located at 133 Main Rd, 01340, Franklin County, this level, fertile, and irrigated land boasts an active Tier 7 Outdoor Cultivation License, included in the asking price of $990,000. The property features a dedicated well, ensuring a reliable water source for cultivation. Power is provided by both the electrical grid and a backup generator, ensuring uninterrupted operations. The substantial 70,000 square feet of rich silt soil is ideal for agricultural purposes. On-site improvements include an office trailer equipped with a restroom, and four shipping containers outfitted with HVAC and dehumidification systems for optimal climate control. Security is enhanced by an 8-foot perimeter fence incorporating an advanced security system. All furniture, fixtures, and equipment (FF&E) are included as per Exhibit A in the offering memorandum. The property also offers ample parking with 30 spaces available. This turnkey operation is ready for immediate use, providing a significant advantage for a prospective buyer in the cannabis industry. The property abuts the North River, adding to its unique character and potential. This is a rare opportunity to acquire a fully operational, licensed cannabis cultivation facility with significant existing infrastructure.

    Property profile
    Verified
    Property type Life science properties
    UPID US38-2050063
    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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    CAP Approach CAP
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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