Lot/land
  • $1,499,900

    Colt Rd LOT WP001, Brocton, NY 14716

    --beds
    --baths
    --sqft
    Unimproved Land
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Potential building locationsTillable acreage
    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 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.
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