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    50 Mcgovern Blvd Lancaster, MA

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    For Lease
    Contact for pricing

    Proposed 348-acre business park with distribution, retail, and residential space.

    Property size:
    1,182,000 SF
    Lot size:
    2.63 Acres

    Property Features for 50 Mcgovern Blvd

    General Information

    Size
    1,182,000 SF
    Lot size
    2.63 Acres

    Source: Capital Group Properties Agent James Vazza

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Proposed Business Park Development

    Capital Commerce Center is a proposed 348-acre business park development. It will be part of an over 400-acre mixed-use development. The development will include over 2,500,000 square feet of distribution space, retail and commercial pad sites along with future residential housing.
    Location Intelligence

    Current Use by Public Records

    Distribution properties

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Gym & Fitness Wholesale Shop Auto Parts Store Food Market Daycare Center HVAC Service Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.6731246
    Latitude
    42.4556475

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    FAQs

    What type of property is this?
    Distribution property - Proposed 348-acre business park with distribution, retail, and residential space.
    Where is this distribution property located?
    The property is located at 50 Mcgovern Blvd Lancaster, MA.
    What are key features of this property?
    This property features: - Proposed 348-acre business park development.; - Part of an over 400-acre mixed-use development.; - Includes over 2,500,000 SF of distribution space.
    (508) 357-8825
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    Lancaster, MA
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    50 Mcgovern Blvd Lancaster, MA
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