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About the Listing o3317A - 32499
Rare opportunity in the Fonda-Fultonville Central School District to acquire approximately 132 acres offering an exceptional combination of established income and long-term land value. An expansive solar farm currently operates under a long-term lease with 20+ years remaining. The lease currently generates more than $20,000 annually, with scheduled increases bringing annual income to over $50,000 by the end of the current term. Two additional extension options offer even greater long-term upside, with potential remaining lease revenue exceeding $1.5 million if both extensions are exercised. Complete lease and rent schedule available for qualified buyers. Beyond the solar operation, substantial additional acreage provides considerable added value and opportunity, with potential for continued agricultural use, subdivision, development, or other uses, subject to lease terms, zoning and municipal approvals. The property is further improved with a single-family mobile home serviced by private well and septic, along with a barn and several additional outbuildings. A unique opportunity to acquire a significant 132-acre holding with increasing passive income, existing infrastructure and improvements, valuable additional acreage, and substantial long-term investment potential.
Listing Highlights for 2778 State Highway 67
Interior Details
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Basement:
- Other:
- Water: Well
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 10
- Lot Dimensions: 1353x132
- Zoning: Commercial
- Roof:
- Others:
- Sewer: Septic Tank
Financial Details
- Tax Amount: $5,581
- Taxes w/Assessments: N/A
- Tax/Property ID: 273289 22.-2-3.1
- Tax Year: N/A
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Monthly Payment
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Listing Location
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2778 State Highway 67 Johnstown, NY 12095
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