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In-PersonVirtual Tour
$ 799,900
Est. payment | /mo
106.59 Acres Lot
$ 799,900
Est. payment | /mo
106.59 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73365617
HOA Y/N false
Tax Year 2025
Lot Size 106.590 Acres
Acres 106.59
Property Sub-Type Residential
Property Description
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 is attached, please reach out to list agent for any question or trouble accessing.
Location
State MA
County Worcester
Direction GPS
Exterior
Community Features Park, Golf, House of Worship
Building
Lot Description Wetlands, Wooded, Cleared, Other
Sewer Private Sewer
Water Private
Others
Senior Community false
Listed by Real Broker MA, LLC
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