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    1 Airport Rd, Unit A Nantucket, MA 02554

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    For Sale
    $2,295,000

    Versatile commercial/residential lot with high visibility and traffic.

    Lot size:
    0.32 Acres

    Property Features for 1 Airport Rd

    General Information

    Lot size
    0.32 Acres

    Source: BHHS Island Properties Nantucket Agent Elizabeth Almodobar

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

    Overview

    Corner Lot Near Nantucket Airport

    This is a 13,814 +/- sq ft corner lot, identified as Lot A, situated at the intersection of Airport Road and Old South Road. The property is located just west of Nantucket Memorial Airport, offering frontage on two roadways. It is located within the CTEC zoning district, which supports a range of commercial and residential uses, including mixed-use development, contractor/shop space, offices, or residential units. Town water and sewer services are available. The property offers exposure and placement in a high-traffic corridor, suitable for businesses or investors seeking a year-round presence. The property may also be purchased together with 1 Airport Road, Lot B.
    Insight Report Location Intelligence

    Current Use by Public Records

    Island Flagpoles Flag Store Murtagh landscaping Landscaper

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Nantucket
    County
    Nantucket
    State
    Massachusetts
    Longitude
    -70.0651633
    Latitude
    41.2607967

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    FAQs

    What type of property is this?
    Commercial land - Versatile commercial/residential lot with high visibility and traffic.
    Where is this commercial land located?
    The property is located at 1 Airport Rd, Unit A Nantucket, MA.
    What is the asking price?
    The asking price for this property is $2,295,000.
    What are key features of this property?
    This property features: - Prime corner lot location at the intersection of Airport Road and Old South Road with high visibility and frontage on two busy roadways.; - Flexible CTEC zoning supports a broad range of commercial and residential uses, including mixed-use development.; - Located just west of Nantucket Memorial Airport in a high-traffic corridor.
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    1 Airport Rd, Unit A Nantucket, MA 02554
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    Nantucket, MA 02554
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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
    1 Airport Rd, Unit A Nantucket, MA 02554
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