Add Listing
    Melrose, MA
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
    $
    $

    Melrose, MA Commercial Land for Sale

    Notify Me
    List
    Map
    Malden, MA Stoneham, MA Medford, MA
    Melrose Redevelopment Opportunity Near Downtown
    $1,499,000
    Melrose Redevelopment Opportunity Near Downtown

    71-73 Grove Street, Melrose, MA 2176

    Redevelopment potential near downtown Melrose with commuter access.
    • High redevelopment potential in Melrose with zoning allowing for a building up to 11,500 sf (FAR 2.0) or potentially 20,000 sf (FAR 3.5) with additional special permits.
    • Close proximity to downtown Melrose.
    • Zoning analysis suggests the possibility of fitting 10‑12 parking spots on the property.
    • Convenient access to public transportation: bus and commuter rail stops are within a few minutes walk.
    • Easy access to major routes: Routes 1, 93, and the Subway are all about a 5‑minute drive.
    Updated: Feb 5
    View details
    Melrose Redevelopment Opportunity Near Downtown
    $1,499,000
    Melrose Redevelopment Opportunity Near Downtown

    71-73 Grove St, Melrose, MA 2176

    Redevelopment potential near downtown Melrose with possible mixed-use building.
    • Significant redevelopment potential with FAR up to 3.5 allowing for a building up to 20,000 sf with special permits.
    • High density zoning allows up to 11,500 sf building.
    • Prime location close to downtown Melrose.
    • Potential for 10‑12 parking spots.
    • Convenient access to public transportation: bus and commuter rail within walking distance.
    Updated: Feb 20
    View details
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 2 Active listings in Melrose, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Development Opportunity on Mystic Avenue
    $9,950,000
    0.92 Acres
    Development Opportunity on Mystic Avenue

    Three contiguous parcels totaling 40,000 sq. ft. for sale.

    67-73-81 Mystic Ave, Medford, MA 2155

    View details
    Stoneham Land For Sale
    $499,000
    Stoneham Land For Sale

    Land available near Stoneham Square with development potential.

    17 Franklin Street, Stoneham, MA 2180

    View details
    Stoneham Land For Sale
    $499,000
    Stoneham Land For Sale

    Land for sale near Stoneham Square with development potential.

    17 Franklin Street, Stoneham, MA 2180

    View details
    Prime Developable Land Parcel
    Contact for pricing
    0.19 Acres
    Prime Developable Land Parcel

    Rare opportunity: developable land near transportation and amenities.

    243 Mystic Ave, Medford, MA

    View details

    Off-Market Properties in Melrose, MA

    Consider similar Off-Market properties in Melrose, MA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    137 Essex St
    VACANT COMMERCIAL LAND
    3,744 SF Lot: 0.15 Acres
    Value Estimation by Request

    137 Essex St, Melrose, MA 02176-3105

    View details
    Broadway Rear
    VACANT COMMERCIAL LAND
    Lot: 0.06 Acres
    Value Estimation by Request

    Broadway Rear, Melrose, MA 02176

    View details

    Melrose, MA Commercial Land Investment Opportunities Market Analysis

    Explore 4 commercial land for sale in Melrose, MA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $2,998,000.

    Sale prices for commercial lots in Melrose, MA start at $1,499,000, averaging $1,499,000, and reaching up to $1,499,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial land 2
    Waterfront Land 1
    Residential land & home lots 1

    Demographics Overview

    Population 29K
    Population Growth (5Y) +4.9%
    Median Household Income $126,854
    College Educated 90.3%

    High-Yield Neighborhoods for Investment

    Identify Melrose submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    02176 $1.5M

    Taxes & Financing

    Tax Rate (average for all types) 1.63%
    Property Tax per SF $9.48 per sq ft
    Tax Rate vs County Average 0.13 pp below county avg
    Average Loan-to-Value 65.0%

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Browse Commercial land for Sale Near Melrose, MA

    Popular Searches in Melrose, MA

    Popular Categories

    Most Searched ZIP Codes in Melrose, MA

    • 02176

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!