$1,499,900

0 Vl Colt Rd Unit Lot WP001 Portland, NY 14769

Portland Neighborhood

Estimated payment $9,816/month

Total Views 233
163 Acres
$9,230 Price per Acre
7,078,500 Sq Ft Lot

About This Lot

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.

Listing Agent

Paul Vaicunas

Whitetail Properties Real Estate

Whitetail Properties Real Estate
Listing Provided By

Property Details

Property Type

  • Land

Lot Details

  • Current uses include hunting/fishing, vineyard
  • Potential uses include vineyard

Utilities

  • Gas Available

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Office Phone: 330-301-2682
  • Listing Website: https://www.land.com/property/162.5-acres-in-chautauqua-county-new-york/14811658/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Potential Use: Vineyard
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No

Lot Info

  • Current Use: Hunting/Fishing, Vineyard

Multi Family

  • Utilities Available: Gas Avail. On Site

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2022 07/12/22 For Sale $1,499,900 -- --

Similar Property in Portland, NY

  • VL Colt Rd, Portland, NY 14769

    $1,499,900

    • Land
    • 163 Acres
    • $9,230 per Acre
    • VL Colt Rd
    • Portland, NY

    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

    Paul Vaicunas WHITETAIL PROPERTIES REAL ESTATE LLC (NY)

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See All Homes in Portland
New York Chautauqua County Portland 14716 Portland

0 Vl Colt Rd Unit Lot WP001, Portland, NY

Homes for Sale in Portland, NY

This home is located at 0 Vl Colt Rd Unit Lot WP001, Portland, NY 14769 and is currently priced at $1,499,900. 0 Vl Colt Rd Unit Lot WP001 is a home located in Chautauqua County with nearby schools including Brocton Elementary School and Brocton Middle/High School.

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Nearby Homes
Paul Vaicunas
Listing Agent
Paul Vaicunas
Section Image
Whitetail Properties Real Estate
(330) 301-2682