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Beverly MA Development Opportunity

128 Boulder Ln, Beverly, MA 01915

For Sale
$5,900,000
Pending

39+ acre development site in desirable North Shore location.

Property SizeContact for details
Lot Size40.00 Acres
Days on Market342

Property Features for 128 Boulder Ln

General Information

Standard status Pending
Lot size 40.00 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $26,000
Listing Agency: The Synergy Group
Listed By: Louis Cirignano
Source: Elliman
Added: Dec 3, 2025 Changed: Nov 3 Last Checked: Nov 8 at 6:58AM

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 The Synergy Group

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Investment Insights

Based on property information with market context.

This potentially developable 39+ acre site presents a development opportunity in Beverly, MA. The property is located in a sought-after North Shore location. The site consists of 128 Boulder Lane, which comprises 26 acres and is zoned Restricted Industrial (IR). Surrounding parcels are zoned R15 for single-family residential use. While zoning favors single-family homes, select multi-family projects, such as Subsidized Elderly Housing, or commercial uses may be permitted by Special Permit. The location offers proximity to major routes, Gordon College, and Beverly Farms. This property may be suitable for creating a large-scale residential or mixed-use community.

Key Highlights

  • Large 39+ acre developable site in Beverly, MA.
  • Zoned for single‑family residential (R15) with potential for multi‑family or commercial development.
  • Excellent location near major routes, Gordon College, and Beverly Farms.

Property Analytics

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Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Parking Lot & Garage Garden Center Furniture & Home Goods

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

79
Businesses Nearby

Demographics for 01915, MA

42,341
Population
17,318
Households
2.4
Avg Household Size
40
Median Age
51%
College-Educated
97%
High-School Grad
14.2 sq mi
ZIP Area
2,982
Density / Sq Mi
$102,347
Median Household Income
$57,989
Median Earnings
$1,684
Median Rent
$619,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Land in Essex County, MA

$867 Jul
$817 Aug
$1,079 Sep
$902 Oct

Properties on Market for Land in Essex County

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Land - 39+ acre development site in desirable North Shore location.
Where is this land located?
The property is located at 128 Boulder Ln Beverly, MA.
What is the asking price?
The asking price for this property is $5,900,000.
What are key features of this property?
This property features: Large 39+ acre developable site in Beverly, MA.; Zoned for single‑family residential (R15) with potential for multi‑family or commercial development.; Excellent location near major routes, Gordon College, and Beverly Farms.
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