11.4 Acres Commercial Mixed Use Development Site at I-95 Exit
Vacant Land
for Sale
Sale Pending/Contingent
| Catylist Listing ID: |
30854010 |
| Property Subtypes: |
Multi-Family
|
| Status: |
Pending/Contingent |
| Gross Land Area: |
20.30 Acres
|
| Sale Price: |
$799,999 |
| Unit Price: |
$39,408 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/16/2024 |
Overview / Comments
4.9 upland acres on Elm St. 11.44 total upland acres with approvals, Development land assemblage consisting of four separate parcels situated in the Office Park, (OP), zone, with three separate overlay districts, including a recent 40R housing overlay, The OP zone allows most commercial uses by right or special permit. This unique offering includes a two story four bedroom home with detached garage with natural gas fueled hot water heat and a full unfinished basement. This property is welt situated near the exit from Interstate 95 near the intersection of 1.95 and 1-495 and benefits from traffic on MA Route 110 (Macy St) and Elm Street. the primary route from 1.95 into downtown Amesbury, Recent traffic count information indicates 22,248 AADT on Macy St, 11,108 AADT on Elm St, and 59,681 AADT on I-95.
Prospective buyers are encouraged to conduct due diligence as to details and suitability for their purpose,
|
Additional Details
| Nearest MSA: |
Boston-Cambridge-Newton |
| County: |
Essex |
| Tax ID/APN: |
80/8,9,10, 69/1 |
| Zoning: |
OP W 3 OVERLAYS |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Elm Street |
| Traffic/Vehicle Count: |
12,000 |
| Highway Access: |
Elm St. I-95 |
| Site Description: |
Approximately 11.5 acres of upland |
| Lot Frontage: |
195 |
| Lot Depth: |
1100 |
| Topography: |
Level |
| Available Utilities: |
Electric, Water, Gas, Sewer, Cable, Broadband, Internet Access |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
4,411 |
36,915 |
61,416 |
| Median Age: |
41.71 |
42.84 |
44.48 |
| Households: |
1,830 |
15,102 |
25,797 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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