Land Development
Vacant Land
for Sale
| Catylist Listing ID: |
30858746 |
| Gross Land Area: |
54,450 SF
|
| Sale Price: |
$2,000,000 |
| Unit Price: |
$36.73 PSF |
| Sale Terms: |
Other |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/24/2024 |
Overview / Comments
1.25+/- acres or 54,450+/- sq. ft. development land (**building on the site will be taken down)**. FEATURES: Excellent location on North Broadway (Route 28); Convenient to I-93, Exit-1 and Exit-2; Location/Exposure is very suitable for retail or professional office use with needs of high exposure and/or walk-in traffic. ZONED Commercial District "CIB": Permited uses include general retail stores, banks, business & professional offices, restaurants, personal service shops, etc. "Depot Village Overlay District: Planning Board has broad authority to modify underlying zoning restrictions to facilitate development in the Depot." ; **Mixed uses developments with retail in the first floor, with office and/or residential above, subject to the additional restrictions noted below; **Senior housing is a mixed use development with no more than twelve units per acre; **Senior housing and assisted living with no more than twelve units per acre; **Business and professional offices, including medical offices, up to 15,000 sq. ft. (per building), etc.
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Financials
| Finance Data Year |
2023 |
| Real Estate Taxes - Annual($) |
$0 (Annual) |
Additional Details
| Nearest MSA: |
Boston-Cambridge-Newton |
| County: |
Rockingham |
| Zoning: |
ZONED COMMERCIAL "CIB" -- PERMITTED USES INCLUDE GENERAL RETAIL STORES, BANKS, BUSINESS & PROFESSIONAL OFFICES, RESTAURANTS, |
| Highway Access: |
Via I-93 north to Exit-2. Bear off ramp, continue to Route 28, turn left onto Route 28, and proceed to property on the right |
| Site Description: |
Depot Village Overly District: Planning Board has broad authority to modify underlying zoning restrictions to facilitate development in the Depot |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
8,491 |
29,425 |
129,354 |
| Median Age: |
46.15 |
43.69 |
38.87 |
| Households: |
3,491 |
11,443 |
45,904 |
|
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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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