Listing Agency: NAI Glickman Kovago & Jacobs j***@glickmankovago.com Show Phone

Listed By: Jeffrey Borus Show Phone

Source: Naiglobal

Added: Mar 6 Changed: Jul 10 Last Checked: Aug 20 at 5:16AM

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Investment Insights

Based on property information with market context.

This property features 47 acres of land in Douglas, Massachusetts. The parcel is zoned for industrial and commercial use, with a small portion zoned for residential use. It is located within a cannabis zoning overlay, which allows for a variety of uses. Public water, sewer, natural gas, and heavy electric are available to the site. The property is located near Route 146 exit, 15 minutes south of I-90 (Mass Pike), Route 20, and Worcester, and is 25 minutes from Providence and less than one hour from Boston.

Key Highlights

• 47 acres of land.
• Cannabis zoning overlay allowing for a variety of uses.
• Industrial/commercial zoning.

Property Analytics

Property Profile

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Dental Office Bakery Spa & Massage Center Carpet & Flooring Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

19

Businesses Nearby

Explore this area Business Placement

Demographics for 01516, MA

8,962

Population

3,558

Households

2.5

Avg Household Size

43

Median Age

44%

College-Educated

98%

High-School Grad

36.7 sq mi

ZIP Area

244

Density / Sq Mi

$147,859

Median Household Income

$70,780

Median Earnings

$1,537

Median Rent

$436,700

Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

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Frequently Asked Questions

What type of property is this?

Industrial land - 47 acres of industrial/commercial land near Route 146.

Where is this industrial land located?

The property is located at 120R Gilboa Street East Douglas, MA.

What is the asking price?

The asking price for this property is $2,500,000.

What are key features of this property?

This property features: 47 acres of land.; Cannabis zoning overlay allowing for a variety of uses.; Industrial/commercial zoning.