Groton Development Opportunity on
For Sale
$825,000
797 Boston Rd, Groton, MA 01450
Strategically located parcel with development potential in a mixed-use corridor.
Property SizeContact for details
Days on Market119
Property Features for 797 Boston Rd
General Information
Standard status
Active
Property subtype
Commercial Lots & Land
Taxes and HOA fees
Annual Taxes
$3,558
Listing Agency:
Keller Williams Realty-Merrimack
(978) 692-3280
Listed By:
The Fredette Group · License #8214994
Source:
Liongatere
Added: Apr 25
Changed: Aug 8
Last Checked: Aug 20 at 1:40PM
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 Keller Williams Realty-Merrimack
Investment Insights
Based on property information with market context.
This parcel of land presents a development opportunity for investors and developers. The property is located in a high visibility, mixed use corridor. Zoned RA, the site allows a variety of development options by right or special permit, including religious, childcare, adult care, single-family, multifamily, and other community oriented uses. The Planning Board has recently approved a Special Permit for the construction of 24 age restricted multifamily units. Positioned at a signaled intersection adjacent to a supermarket and other neighboring businesses, this location benefits from strong daily traffic counts and excellent visibility. Located directly on Route 119/225, the property is just minutes from I-495 and Route 2, offering accessibility.
Key Highlights
- Approved Special Permit for 24 age‑restricted multifamily units allows for immediate development.
- Zoned RA, permitting a variety of development options by right or special permit.
- Strategically located at a signaled intersection with high visibility and strong daily traffic counts.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
73
Businesses Nearby
Explore this area
Business Placement
Demographics for 01450, MA
11,298
Population
3,773
Households
3
Avg Household Size
43
Median Age
66%
College-Educated
96%
High-School Grad
32.8 sq mi
ZIP Area
344
Density / Sq Mi
$189,355
Median Household Income
$78,750
Median Earnings
$1,521
Median Rent
$673,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Strategically located parcel with development potential in a mixed-use corridor.
Where is this commercial land located?
The property is located at 797 Boston Rd Groton, MA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Approved Special Permit for 24 age‑restricted multifamily units allows for immediate development.; Zoned RA, permitting a variety of development options by right or special permit.; Strategically located at a signaled intersection with high visibility and strong daily traffic counts.
