Development Land on Major
For Sale
$825,000
797 Boston Rd Groton, Groton, MA 01450
Zoned RA with a recently approved special permit for age-restricted multifamily development in a high-visibility mixed-use area.
Property SizeContact for details
Days on Market72
Property Features for 797 Boston Rd Groton
General Information
Standard status
Active
Property subtype
Land
Zoning
RA
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Multifamily Units
24
Taxes and HOA fees
Annual Taxes
$3,558
Listing Agency:
Alexander Properties
(508) 501-1443
Listed By:
Alyson Roslonek · License #2013009293
(508) 501-1443
Source:
Milestonerealtyinc
Added: Jun 3
Changed: Aug 8
Last Checked: Aug 8 at 7:46AM
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 Alexander Properties
Investment Insights
Based on property information with market context.
This is a for-sale development parcel suitable for a range of residential and community uses. The property is zoned RA and supports development by right or via special permit, including religious, childcare, adult care, single-family, multifamily, and other community-oriented uses. The site has a recently approved special permit for the construction of 24 age-restricted multifamily units, providing a clear path for an immediate development plan.
The parcel is positioned at a signaled intersection on Route 119/225 in Groton, Massachusetts, with visibility from a commercial, mixed-use corridor. It is adjacent to a supermarket and other neighboring businesses, benefiting from high daily traffic and consistent public exposure. The location also offers convenient regional access, with proximity to I-495 and Route 2.
For developers and investors seeking an RA-zoned site with an approved multifamily special permit, this property offers a practical blend of rezoning flexibility and readiness to proceed. Its major road frontage and commercial adjacency can support sustained demand from surrounding households and daytime activity, while the approved 24-unit age-restricted plan helps reduce entitlement uncertainty.
The parcel is positioned at a signaled intersection on Route 119/225 in Groton, Massachusetts, with visibility from a commercial, mixed-use corridor. It is adjacent to a supermarket and other neighboring businesses, benefiting from high daily traffic and consistent public exposure. The location also offers convenient regional access, with proximity to I-495 and Route 2.
For developers and investors seeking an RA-zoned site with an approved multifamily special permit, this property offers a practical blend of rezoning flexibility and readiness to proceed. Its major road frontage and commercial adjacency can support sustained demand from surrounding households and daytime activity, while the approved 24-unit age-restricted plan helps reduce entitlement uncertainty.
Key Highlights
- Zoned RA and approved for the construction of 24 age‑restricted multifamily units via a recently approved Special Permit
- Parcel allows a variety of uses by right or special permit, including religious, childcare, adult care, single‑family, and multifamily
- Located directly on Route 119/225 at a signaled intersection adjacent to a supermarket and other neighboring businesses
Property Analytics
Property Profile
Current Use
Lease Details
24
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
30
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?
Residential land & home lot - Zoned RA with a recently approved special permit for age-restricted multifamily development in a high-visibility mixed-use area.
Where is this residential land & home lot located?
The property is located at 797 Boston Rd Groton 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: Zoned RA and approved for the construction of 24 age‑restricted multifamily units via a recently approved Special Permit; Parcel allows a variety of uses by right or special permit, including religious, childcare, adult care, single‑family, and multifamily; Located directly on Route 119/225 at a signaled intersection adjacent to a supermarket and other neighboring businesses
