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Commercial Land Assemblage

150 Lafayette Rd, Salisbury, MA 01952

For Sale
New
$2,500,000

Six parcels combine Route 1 commercial frontage with land zoned LM-B and R1.

Property SizeContact for details
Days on Market4

Property Features for 150 Lafayette Rd

General Information

Standard status Active
Property subtype Land
Listing Agency: Three Hills Real Estate Service, LLC
Listed By: Justin Brown
Source: Classifiedrealtygroup
Added: Nov 6 Changed: Nov 7 Last Checked: Nov 8 at 2:57AM

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 Three Hills Real Estate Service, LLC

Rey
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Investment Insights

Based on property information with market context.

This six-lot commercial land offering at 150 Lafayette Rd totals 92.26 acres. The two LM-B parcels comprise 3.46 acres at the Route 1 frontage and 26.92 acres at Rear Lafayette. Large-development plans for a rehabilitation-center concept were approved for the frontage parcel in the past, but were never constructed; no facility or approved project is currently on the site. The remaining four parcels are zoned R1 and include land identified by the assessor as unbuildable, as well as wetlands on one parcel.

The assemblage includes frontage on Route 1, with additional parcels on or off Seabrook Rd and at Rear Lafayette. Zoning, wetlands, access, density, and permitted uses require independent verification with the Town of Salisbury. No units-per-acre assumption should be relied upon.

Key Highlights

  • 92.26 acres offered across six lots
  • 3.46‑acre LM‑B parcel at 150 Lafayette Rd with Route 1 commercial frontage
  • 26.92‑acre LM‑B parcel at Rear Lafayette

Property Analytics

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Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Hair Salon Spa & Massage Center

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

Demographics for 01952, MA

9,236
Population
4,981
Households
1.9
Avg Household Size
52
Median Age
44%
College-Educated
94%
High-School Grad
15.4 sq mi
ZIP Area
600
Density / Sq Mi
$102,521
Median Household Income
$54,344
Median Earnings
$1,646
Median Rent
$450,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Essex County

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Frequently Asked Questions

What type of property is this?
Commercial land - Six parcels combine Route 1 commercial frontage with land zoned LM-B and R1.
Where is this commercial land located?
The property is located at 150 Lafayette Rd Salisbury, MA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 92.26 acres offered across six lots; 3.46‑acre LM‑B parcel at 150 Lafayette Rd with Route 1 commercial frontage; 26.92‑acre LM‑B parcel at Rear Lafayette
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