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Off market
  • $701

    Colt Rd, Brocton, NY 14716

    0beds
    0baths
    162.5Acres
    VacantLand
    Built in ----
    162.5 Acres Lot
    $-- Zestimate®
    $--/sqft
    $1,036 Estimated rent

    What's special

    We are pleased to present an investment opportunity with a solar project in Portland, NY. This property is being presented with the opportunity to acquire from the solar lease (approval in process) from the seller that produces $110,000 per year in passive income for the next 30 years. The purchaser will own the land, which is a combination of five parcels. The Land additionally has a gas lease that will produce $50,000 over a 44 year period. The solar project will be be constructed on the vineyard and a portion of the wooded and tillable acreage of the two largest parcels. The Purchaser will be contracted in to receive 100% of the Solar lease income at $4,372,500 in revenue. There is also a small residential home on the property that has a rental opportunity as well for additional revenue. The remaining parcels are wooded and provide excellent opportunities for deer hunting , turkey hunting and potential building locations for cabins or a new home. Check this one out for a unique opportunity to invest in a green project and still have a country lifestyle on the escarpment .

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 0

    Property

    Features
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Frontage length: 2412
    Lot
    • Size: 162.50 Acres
    Details
    • Parcel number: 06608917900156
    • Lease amount: $0

    Community & neighborhood

    Location
    • Region: Brocton

    Other

    Other facts
    • View: Lake, Scenic, Wooded, Farm
    • ViewYN: true
    • Furnished: Unfurnished
    • NumberOfLots: 5
    • YearBuiltEffective: 0
    • CoveredSpaces: 0
    • LandLeaseAmount: 0
    • MlsStatus: Active
    • TaxAnnualAmount: 0
    • AvailabilityDate: 2022-06-27
    • FrontageLength: 2412
    • ParcelNumber: 066089178.0000002047.001
    • Available date: 06/27/2022
    Services availability