Catylist ID:
#28282581
Multi-Parcel Development Opportunity
Vacant Land
for Sale
Sale Pending/Contingent
| Catylist Listing ID: | 28282581 |
| Property Subtypes: | Hospitality, Industrial, Mobile Home Park, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Vacation/Resort, Other |
| Status: | Pending/Contingent |
| Gross Land Area: | 84.99 Acres |
| Sale Price: | $11,825,000 |
| Unit Price: | $139,134 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/8/2024 |
Overview / Comments
|
Highlights of this development opportunity along Elm Street in Amesbury, MA bordering Interstate 495 and Interstate 95 include: - One of the largest available commercial lots north of Boston - Zoned 43D which allows for an expedited approval process and a wide range of uses - Close proximity and potential visibility off I-95 and I-495 - Amesbury is strategically located 43 miles north of Boston at the crossroads of Interstate 95 and Interstate 495. |
Financials
| Finance Data Year | 2016 |
|---|---|
| Real Estate Taxes - Annual($) | $1 (Annual) |
Additional Details
| Nearest MSA: | Boston-Cambridge-Newton |
| County: | Essex |
| Tax ID/APN: | 68/13 68/20 68/14 68/12 |
| Zoning: | RCZD, ELM STREET OVERLAY INDUSTRIAL/OFFICE PARK, 43 D |
| Site Description: | ±86.2 total acres with ±50 usable acres |
| Lot Frontage: | Unknown |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 4,359 | 36,305 | 60,317 |
| Median Age: | 42.12 | 42.83 | 44.41 |
| Households: | 1,806 | 14,842 | 25,325 |
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