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Watertown, MA Land for Sale

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Residential Development Opportunity
Updated: May 27
Residential Development Opportunity

33 Melendy Ave, Watertown, MA 02472

$900,000
Ideal for residential development.
Located in a residential 2 Family zone.
Close proximity to bus lines to Harvard Square and Watertown Square.
Near shops and restaurants in Coolidge Square.
Short distance to Arsenal Yards and The Watertown Mall.
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See what stands out in Middlesex County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 1 Active listings in Watertown, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 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.

Entitled Corner Hotel Development Site
Entitled Corner Hotel Development Site

88 North Washington, Boston, MA 02114

$1,999,000
0.05 AC lot

Highly visible corner land parcel with entitlements for an 8-story, 42-key boutique hotel.

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Two-Parcel Development Opportunity
Two-Parcel Development Opportunity

40 Oakland St, Newton, MA 02458

$1,650,000
3,772 sqft

Includes an existing function hall structure with off-street parking, plus a paved lot across the street.

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Boston Leather District Opportunity
Boston Leather District Opportunity

403-200 Lincoln St, Boston, MA 02134

$215,000

Commercial space in prime downtown location near Seaport and South Station.

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Prime Newton Corner Development Opportunity
Prime Newton Corner Development Opportunity

160-162 Charlesbank Road, Newton, MA 02458

$1,899,000

18,048 sq ft lot in Newton Corner location.

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Off-Market Properties in Watertown, MA

Consider similar Off-Market properties in Watertown, 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.

30th Washburn St
VACANT COMMERCIAL LAND

30th Washburn St, Watertown, MA 02472-4033

Estimated value:
$1,250,000
0.94 AC lot
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53rd Franklin St
VACANT COMMERCIAL LAND

53rd Franklin St, Watertown, MA 02472-4020

Estimated value:
$1,255,000
0.36 AC lot
View details
104 Arlington St
VACANT COMMERCIAL LAND

104 Arlington St, Watertown, MA 02472-2848

Estimated value:
$565,000
2,982 sqft 0.28 AC lot
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Patten St
VACANT COMMERCIAL LAND

Patten St, Watertown, MA 02472

Estimated value:
$55,000
0.19 AC lot
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527 Pleasant St
VACANT COMMERCIAL LAND

527 Pleasant St, Watertown, MA 02472-2405

Estimated value:
$1,215,000
5,226 sqft 1.32 AC lot
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48 Coolidge Ave
QUARRIES (SAND, GRAVEL, ROCK)

48 Coolidge Ave, Watertown, MA 02472-2815

Estimated value:
$310,000
1,200 sqft 1.46 AC lot
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Arlington St
VACANT COMMERCIAL LAND

Arlington St, Watertown, MA 02472

Estimated value:
$235,000
0.08 AC lot
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202 Arsenal St
VACANT COMMERCIAL LAND

202 Arsenal St, Watertown, MA 02472-2777

Estimated value:
$370,000
0.92 AC lot
View details

Watertown, MA Land Market Trends and Statistics

Explore 9 land for sale in Watertown, MA on our real estate platform.

Sale prices for lots in Watertown, MA average $900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 1

Demographics Overview

Population 35K
Population Growth (5Y) -0.2%
Median Household Income $123,383
College Educated 34.2%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
02472 $925K

Taxes & Financing

Tax Rate (average for all types) 1.96%
Property Tax per SF $13.86 per SF
Tax Rate vs County Average 0.20 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Middlesex County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Middlesex County

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