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VL Colt Rd, Portland, NY 14769

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For Sale

$1,499,900

162.5 acres

Estimated Payment

$ 7,719 /mo.

6.67% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • 162.5 acres
    Lot size

Explore this Property

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 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 .
MLS# 11090124

Courtesy Of WHITETAIL PROPERTIES REAL ESTATE LLC

(217) 285-9000

Property Features

  • Architecture Style
    Other
  • Lot Size
    162.5 Acres
  • View Type
    Lake

Map and Directions

Directions to VL Colt Rd, Portland, NY 14769
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Home seller CENTURY 21 Turner Brokers

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Turner Brokers

(716) 763-7506
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $7,719
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $7,719

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Brocton Elementary School

Grades PK-5 Public School


Brocton, NY 14716 2 miles
138 w main st

225 total students
9:1 Student teacher ratio

Brocton Middle High School

Grades 6-12 Public School


Brocton, NY 14716 2 miles
138 w main st

298 total students
10:1 Student teacher ratio

Other Nearby Schools Distance Type Grades School Rating
Burdick Rd Amish School 3.3 miles Private 1-8

Burdick Rd Amish School

Distance: 3.3 miles

Type Private

Grades: 1-8

Local area information for Portland, NY 14769

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Portland, NY 14769

This community’s employment is highest in the production occupations and sales industries. The area’s overall household expenses are below the national average.

80° July
Hottest Average Month

19° February
Coldest Average Month
574 Total Households in Area
25.3%
of households
have children
23 minutes
Median Commute Time

Household Expenses vs National Average

Demographic facts
for Portland, NY 14769

Portland, NY 14769 has a population of 1,352 people in 574 households with a median age of 41.3 years old.

Down -2.7%
Decrease in population
since the year 2010

Population is Trending down
584
Total households as of 2010
Up
1.9%

Community Population By Age

Community Population By Ethnicity

White 88%
Hispanic 7%
Other 2%
Black 1%
Asian <1%
Native American <1%

Economics
for Portland, NY 14769

88 /sq mi
Population Density
$54,436 /yr
Median Household Income
$264,950
Median Sales Price
23 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 93%
  • Work from Home 4%
  • Walk or Bike 2%
  • Public Transit 0%

Occupancy by Type

Owned 409 61%
Rented 165 25%
Vacant 91 14%

White vs Blue Collar Jobs







White Collar 61%
Blue Collar 39%

Family & Education Facts
for Portland, NY 14769

41.3 Median Age

Average Household Size

2.3
persons per
household

39%

Married Households

Community Population By Education

High School Graduate 35%
Some College 18%
Bachelors Degree 16%
Associates Degree 15%
Graduate Degree 10%
Some High School 7%

Household Family Expenses vs National Average

25.3% of households have children

Weather
for Portland, NY 14769

The weather for this area ranges from a high of 80° F in July to a low of 19° F in February

80° July
Hottest Average Month
19° February
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
19°
33°
Feb
19°
35°
Mar
26°
43°
Apr
37°
55°
May
47°
67°
Jun
57°
76°
Jul
62°
80°
Aug
61°
78°
Sep
54°
72°
Oct
44°
61°
Nov
35°
49°
Dec
25°
37°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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