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    1071 Main St Woburn, MA 01801

    For Sale
    $975,000

    Land with R-2 zoning, development potential in Woburn, Massachusetts.

    Lot size:
    4.50 Acres

    Property Features for 1071 Main St

    General Information

    Lot size
    4.50 Acres

    Source: The Stubblebine Company - CORFAC International Agent Alan C. Ringuette

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

    Overview

    Woburn Land with Development Potential

    This property, located at 1071 Main Street in Woburn, Massachusetts, is zoned R-2, which allows for single-family homes, assisted living facilities, or apartments with a permit. It falls within the Upper Main Street Overlay District (2010), potentially allowing for the construction of 57 luxury condominiums. The site is situated across from the Ledges at Woburn, a 168-unit residential development. The property is located 1.5 miles from Route 128, exit 53 and has multiple nearby amenities. Cleanup is estimated to cost between $4.5 and $5.3 million, with $1.2 million already committed by Mass DEP and EPA.
    Location Intelligence

    Current Use by Public Records

    Roketenetz Stanley Garbage Collection Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Woburn
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.15828
    Latitude
    42.518085

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    FAQs

    What type of property is this?
    Land - Land with R-2 zoning, development potential in Woburn, Massachusetts.
    Where is this land located?
    The property is located at 1071 Main St Woburn, MA.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: - Upper Main Street Overlay District (2010) allows 57 luxury condominiums; - R-2 Zoning allows single family, assisted living, or apartments with permit; - Located across from Ledges at Woburn, a 168 unit residential development
    (978) 265-8112
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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
    1071 Main St Woburn, MA 01801
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