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    1497 Lunenburg Rd Lancaster, MA 01523

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    For Sale
    $800,000

    High-visibility land ideal for auto, restaurant, or retail businesses.

    Lot size:
    2.04 Acres

    Property Features for 1497 Lunenburg Rd

    General Information

    Lot size
    2.04 Acres

    Source: Foster-Healey Real Estate Agent Wendy Poudrette

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

    Overview

    Premier Commercial Land For Sale

    This commercial land offers high visibility and traffic, situated near Mass Youth Soccer Fields, Dunkin' Donuts, and a Mobil Gas Station, and across from Kimball Farms Ice Cream. The location is also near four automobile dealerships. The Lancaster EZ zoning classification permits most professional and commercial uses, making it suitable for an auto dealership, restaurant, or retail business. Note that residential uses are not allowed. Additional land is available.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Gym & Fitness Skin Care Clinic Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.690984
    Latitude
    42.508524

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    FAQs

    What type of property is this?
    Commercial land - High-visibility land ideal for auto, restaurant, or retail businesses.
    Where is this commercial land located?
    The property is located at 1497 Lunenburg Rd Lancaster, MA.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: - High visibility and high traffic location.; - Ideal for auto dealership, restaurant, or retail businesses.; - Abutting Dunkin' Donuts and Mobil Gas Station.
    (978) 407-1342
    Request Owner's contact information
    1497 Lunenburg Rd Lancaster, MA 01523
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    Lancaster, MA 01523
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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
    1497 Lunenburg Rd Lancaster, MA 01523
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