107 Colburn Rd - Commercial LAND FOR SALE


Charlton, MA 01507 4,643,060 SF
$799,900 USD
508-859-0926
107 Colburn Rd, Charlton, MA for Sale
$799,900 USD
Commercial LAND - FOR SALE
1/4
4,643,060 SF

107 Colburn Rd
Charlton, MA 01507


HIGHLIGHTS

  • Income-generating solar lease with nearly $1.5M in remaining payments over 35 years
  • Built-in 1% annual rent escalation ensures growing, reliable returns
  • Valuable topographical and wetlands surveys available
  • Ground Lease available for review

OVERVIEW

Located in the serene town of Charlton, this 100-acre parcel of land presents a rare investment opportunity! Currently, the land hosts a solar field that is under a ground lease contract, which offers nearly $1.5 million in remaining payments over the next 35 years.The lease terms include a 1% annual increase, ensuring consistent returns for the duration of the agreement. Approximately 20 of the 80 acres of land are occupied by the solar panels, which means that the 80 acres are available for your use, offering a wealth of possibilities. Topographical & wetlands surveys are attached to the listing for your review, providing key insights into the land's potential & enabling you to explore all possible uses. With a secure & long-term ground lease in place, this property is primed for both immediate returns & substantial future development potential. Don’t miss out! Please DO NOT walk land. Ground lease and Wetlands/Topography survey are available. Please reach out to Kim Frasier with questions or for additional documentation (508) 859-0926

FOR SALE DETAILS

PRICE

$799,900 USD

PRICE/ACRE

$7,504/AC

PRICE/SF

$0.17 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

107A Colburn Road

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Mixed Use, Hold for Investment, Open Space, Unknown, Utility Sub-Station, Agricultural

LAND ACRES

106.59 AC

LAND SF

4,643,060 SF

OFFSITE IMPROVEMENTS

-

ZONING

Agriculture

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Kimberly FrasierJim Black GroupMore Info
508-859-0926

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Kimberly FrasierJim Black GroupMore Info
508-859-0926

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.