Listing Agency: LAER Realty Partners Westford

Listed By: Todd Nelson · License #MA

Source: Crexi

Added: Apr 10 Changed: Aug 30 Last Checked: Aug 31 at 10:23PM

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Investment Insights

Based on property information with market context.

This offering includes two approved Industrial 1 lots at 7 Overlook Rd in Westminster, Massachusetts. Lot 4A contains 1.15 acres, while Lot B contains 1.49 acres. The parcels may be acquired together or separately, providing flexibility for different site requirements.

Septic designs are in hand for both lots. The source information identifies potential uses including manufacturing, house of worship, municipal operations, assisted living, day care, nursery school, nursing home, farm, medical, and business services.

Key Highlights

• Two approved Industrial 1 lots totaling 2.64 acres
• Lot 4A measures 1.15 acres; Lot B measures 1.49 acres
• Lots may be purchased together or individually

Property Analytics

Property Profile

Current Use

Industrial land

Suggested Use

Top Pick HVAC Service Law Firm Electrical Service Pharmacy Auto Repair Shop Plumbing Service

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

76

Businesses Nearby

Explore this area Business Placement

Demographics for 01473, MA

8,213

Population

3,469

Households

2.4

Avg Household Size

44

Median Age

41%

College-Educated

96%

High-School Grad

35.4 sq mi

ZIP Area

232

Density / Sq Mi

$101,161

Median Household Income

$61,078

Median Earnings

$1,643

Median Rent

$394,000

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

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Frequently Asked Questions

What type of property is this?

Industrial land - Two approved industrial lots offer flexible purchase options with septic designs prepared for development planning.

Where is this industrial land located?

The property is located at 7 Overlook Rd Westminster, MA.

What are key features of this property?

This property features: Two approved Industrial 1 lots totaling 2.64 acres; Lot 4A measures 1.15 acres; Lot B measures 1.49 acres; Lots may be purchased together or individually