485 Gilberts Corners Road

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Address: 485 Gilberts Corners Road, Sharon Springs, New York, US
Created date: March 20, 2024
Date last updated: March 20, 2024
  • Triple net lease for Solar Farm for 337 acres at $631,019 per year.
  • Tenant Florida Power & light.
  • Other income $559,334

Property Description

One of the largest Solar Farms, 355 acres in New York State. Leased to Florida Power & Light. Twenty Five (25) year lease signed 2021 with two (2) twelve options. Rent 2024 $631,010.68 per year NNN. Total Acres 1,157. The remaining acres consist of a working farm with barns and residences that collect rental income. One of several homes on the property is an owner's residence in the style as a log home complete with seeping vista views of the surrounding land and farm. The working farm produces crops for livestock including hay, corn and Alfalfa. Total current income collectively of over $1,100,000 per year.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Multifamily type: Land/Development
Price: $15,350,000
Lot Size: 1,157.25 Sq ft
Opportunity Zone: No
Property Website Click Here
Address: 485 Gilberts Corners Road, Sharon Springs, NY 13459, USA
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