Land w/ Assisted Living Approvals near UMass

Rarely available developable land near the Amherst/Hadley line. Approximately 4.509 acre parcel located directly off of Rt. 9 in the Greenleaves neighborhood, surrounded by residential condos and apartments. Zoned PRP (Professional and Research Park). Initial permits approved for a 98 unit assisted living facility. Appraised in 2021 for $1,920,000. Mostly flat and partially cleared. Gas, electric, public water, and sewer connections available nearby. Great development opportunity tucked into a quiet area, seconds from the Rt. 9 retail corridor. Minutes from Mountain Farms Mall, Hampshire Mall, UMass Amherst, Amherst College, Hampshire College, and downtown Amherst. Only 6 miles from downtown Northampton and 10.2 miles from Mt. Holyoke College. Convenient access to area amenities/recreation, including the Norwottuck Rail Trail and conservation areas. Listed significantly below appraised value.