107A Colburn Rd, Charlton, MA 01507
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$799,900
106.59 Acre
Residential
Lots: N/A
Zoning: N/A
HOA: N/A

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.

Property Details tap to expand

Land Information

  • Land Description: Cleared|Other (See Remarks)|Wetlands|Wooded
  • Amenities: Golf Course, House of Worship, Park
  • Improvements: Other (See Remarks)
  • Road Type: Paved, Public

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private
  • Electric Info: 220 Volts, At Street
  • Gas: None

Other Information

  • Last Updated: 05/07/25
  • Documents on File: Aerial Photo, Arch Drawings, Certificate of Insurance, Limited Information, Other (See Remarks), Topographical Map
  • HOA: No
  • Reqd Own Association: Unknown

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/02/2025Active$799,900MLSPIN
05/02/2025Active$799,900MLSPIN
05/02/2025Active$799,900MLSPIN
04/28/2025New$799,900MLSPIN
04/28/2025New$799,900MLSPIN
04/28/2025New$799,900MLSPIN

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Seller's Representative: Jim Black Group, Real Broker MA, LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-05-07 10:27:00