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9.54 Acres Industrial Land Gloucester
For Sale
$1,750,000
Pending

40 Sargent Street, Gloucester, MA 01930

9.54 acres of industrial land with easy highway access.

Property SizeContact for details
Lot Size9.54 Acres
Days on Market904

Property Features for 40 Sargent Street

General Information

Standard status Pending
Lot size 9.54 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $10,089

Amenities

Cleared
Level
Sloped
Listing Agency: North Shore's Gold Coast Realty
Listed By: Lane Team
Source: Corcoran
Added: Feb 29, 2024 Changed: Aug 8 Last Checked: Aug 8 at 12:05PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of North Shore's Gold Coast Realty

Investment Insights

Based on property information with market context.

This 9.54-acre commercial land is zoned for general industrial use and features two existing warehouse buildings, one 5112 square feet and another approximately 3200 square feet, both requiring significant repairs or demolition. The site benefits from direct access to Route 128 via Schoolhouse Road. Its location is near the Blackburn Industrial Park, Gloucester Crossing Shopping Plaza, and a future YMCA/retail/apartment complex. The property, recently surveyed, includes a 21E environmental report from 2001 available for buyer review and comprises five contiguous parcels. Permitted uses include manufacturing, processing, research, storage or warehouse, self-storage facilities, office buildings, tradesman or contractor yards, stone mason yards, and fuel or ice establishments. The site is mostly level and cleared. City water, city sewer, natural gas, and electric services are available at the location. Other uses may be permitted upon approval from the zoning board or city council.

Key Highlights

  • Rare 9.54 acres of general industrial zoned land
  • Excellent location with direct access to Rt. 128
  • City water, city sewer, natural gas, and electric services available

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Cosmetic Store Bakery Tattoo & Piercing Shop Home Appliance Store Florist

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

1,432
Businesses Nearby

Demographics for 01930, MA

29,729
Population
14,630
Households
2
Avg Household Size
50
Median Age
39%
College-Educated
94%
High-School Grad
26.2 sq mi
ZIP Area
1,135
Density / Sq Mi
$87,898
Median Household Income
$49,580
Median Earnings
$1,395
Median Rent
$587,800
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - 9.54 acres of industrial land with easy highway access.
Where is this industrial land located?
The property is located at 40 Sargent Street Gloucester, MA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Rare 9.54 acres of general industrial zoned land; Excellent location with direct access to Rt. 128; City water, city sewer, natural gas, and electric services available
More about this property
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