1.22 ACRES "OPPORTUNITY ZONE" LAND IN AGAWAM MA.

Vacant Land for Sale
Also listed as Business Opportunity
Catylist Listing ID: 30656970
Property Subtypes: Industrial, Office, Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 1.22 Acres
Sale Price: $365,000
Unit Price: $299,180 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller, Purchase Money Mortgage, Owner Financing, Build-to-Suit, Other
Cap Rate: Undisclosed
Last Updated: 10/15/2020

Overview / Comments

RETAIL/COMMERCIAL LOT, LOCATED IN NEW FEDERAL OPPORTUNITY ZONE Reasonably Priced at $365,000, OWNER WILLING TO JOINT VENTURE OR HOLD PAPER Exceptionally positioned 1.22 acre parcel to be subdivided from 270 Main Street. Dunkin Donuts just moved in nearby. Located next to Budget Cabinet. Owner will help develop, sell, Joint Venture, Lease, exchange etc... This excess parcel is "Today land" with a heavy traffic count near all major routes and highways. Will trade this property possibly adding $450,000 in cash to purchase non-residential commercial real estate.

Contact listing office for details. An Opportunity Zone is a designated geographic area, in which individuals can gain favorable tax treatment on their capital gains, by investing those funds (through a privately-created Opportunity Fund) into economic activities in the area

Additional Details

Nearest MSA: Springfield
County: Hampden
Tax ID/APN: AGAW M:0K13 B:0001 L:5
Zoning: INDUSTRIAL
Property Located Between: On Rt 159 between Rt 75 & Rt 57
Property Visibility: Excellent
Legal Description: TBD
Feet of Frontage: 200
Highway Access: rt 75, rt57, rt 91 Mass Pike
Airports: BDL Westover, Barnes
Site Description: Flat land directly on Rt 159 located between Rt 57 and Rt 75 next door to Budget Cabinet.
Area Description: Mostly commercial in Agawam Opportunity Zone
Lot Frontage: 200
Topography: Level
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,506 106,733 230,260
Median Age: 43.38 36.05 36.93
Households: 3,494 41,812 87,787

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