Wellness Center Development Site


63 ACRES FOR "NATURAL CAPITALISM"

$2,250,000 Firm Price


Natural Capitalism

CLICK HERE TO SEE RECENT NEWSPAPER ARTICLE ON THE DEVELOPMENT!

This unique 63 Acre property presents an extraordinary opportunity for someone who wants to be in the vanguard of a new business model for the development of a Natural Wellness Village using existing structures as shown in our aerial view above, as well as newly constructed facilities. This Natural Wellness Village will be able to host a wide variety of wellness related businesses including, but not limited to, the types listed below:

The 63 acres are being offered for $2,250,000. The initial development can be expanded to 100 or even 300 acres in a Town designated area that can also include walking trails and even a beautiful pond for visitor meditation or just simple enjoyment. The owners are looking for qualified buyers that believe in "Natural Capitalism" and they are willing to work with buyers who have the vision to develop the area for a Natural Wellness Village. The owners are even offering a "No Cost Option" on an additional 30 acre parcel to the buyers of the original 63 acre development site.

CONSERVATION EASEMENTS - CHARITABLE DONATIONS- ESTATE PLANNING:

Currently the Sellers are enlisting the services of conservation agencies in two counties to plan the entire area for a vast amount of adjacent lands dedicated to preservation, recreation and easements, as they apply to charitable contributions and attractive tax considerations, including estate planning. These adjacent lands will compliment the Natural Capitalism uses that the local municipalities need for their deficient tax bases. This concept is a win-win for everyone especially those that want to preserve our most precious commodities our lands and wildlife.

1031 CAPITAL GAINS TAX DEFERMENT:

For those who have property for sale or know of someone that has, that would want to partner on the purchase of Peacedale, the following could be of extreme interest as it applies to the 1031 tax deferment of capital gains law. The 63 acre package is divided into 3 previously deeded parcels and they will be sold as such. The Sellers have a 1031 deferment need and in fact a cooperative clause will be written in with the sale of this property, as the 1031 format has a very tight time restraint as far as choosing properties and closing them. A buyer of this property will have a broad scope of time in order to comfortably purchase the property not only for the time constraints involved but for the prices that the Sellers will fairly distribute on the 3 parcels.

This should work very well for anyone that qualifies for the conservation/easement considerations as the purchase price is relevant to the bargain sale price to the conservation people. In other words, the Sellers have the flexibility to accommodate the needs of a buyer and ours as well, simple based on timing as it applies to the 1031 law.

ADDED VALUE:

For those who are extremely value conscious, there are four elements to this sale that exceed the asking price:

  1. The Value of a 1031 deferment for some one that has a sizable property for sale could defer the entire amount of capital gains tax into the Peacedale purchase.
  2. The Value of the structures. Conservative estimates over a million dollars.
  3. The Value of the internal Town Road (Peacedale Road) that traverses through the middle of the property and provides immediate shovel ready parcels. The construction of this road with electrical 3 phase service and optical cable we believe could not be duplicated for close to a million dollars. We are not talking about the thousands of feet of road frontage on Route 9 that fronts our property with wall to wall cars whizzing by 24/7.
  4. The Value of the preservation/easement charitable donations on a bargain sale to individuals with generous incomes along with the other considerations stated above would most likely put one way over the top value wise regarding listed price and relative to all the other features the property holds and especially its proximity to 2 major interstate roads.

Additional Property Information



Tenants Wanted

Aerial View and Proposed Natural Wellness Village Site Plan
Map of Property in Relation to the Overall Area
Photographs of the Property and Existing Buildings
Water Availability
Rensselaer County Economic Development Assistance
Downloadable Area Demographic Information in PDF Format
Conservation Easement Options for Buyers

CLICK HERE TO RECEIVE INFORMATIONAL PACKAGE!

IT'S YOUR CHOICE!

NATURAL CAPITALISM or BRICK AND MORTAR CAPITALISM

The zoning (Planned Development 1) also allows brick and mortar development. This is clearly indicated in the engineering sketch of a proposed brick and mortar project. This project would not only affect our lands, but would set the tone for the entire 300 acres Peacedale Farms envelope. The owners believe that this property should be a Natural Capitalism model to show the whole world rather than a usual commercial development. For those interested in a more commercial approach, however, please click on the sketch below:


Commercial Development Land




If you would like more information on this property, please call JOHN WALLACE at 518-392-7062 or click on the mailbox below to obtain a informational package.

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