Listing Agency: Keller Williams Realty Evolution p***@gmail.com Show Phone

Listed By: Keller Williams Realty Evolution

Added: Jan 12, 2024 Changed: Aug 19 Last Checked: Aug 24 at 7:06AM

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MLS# 73193157

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Investment Insights

Based on property information with market context.

This is a rare opportunity to build on over 5 acres in Newbury. The four available lots can be joined with the potential to build single family homes or townhouses. There is a single family home on one of the lots in need of repair. Perc test and concept plans have been completed. Town approval will be needed. The lot size is 5.34 acres. The zoning is AR4. Taxes are estimates based on the 2024 assessed values of the 4 lots combined.

Key Highlights

• Over 5 acres of land in Newbury.
• Potential to build single family homes or townhouses.
• Four available lots that can be joined.

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Hair Salon Restaurant Building Supply Auto Repair Shop Nail Salon

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

88

Businesses Nearby

Explore this area Business Placement

Demographics for 01922, MA

3,134

Population

1,253

Households

2.5

Avg Household Size

50

Median Age

50%

College-Educated

97%

High-School Grad

9.1 sq mi

ZIP Area

344

Density / Sq Mi

$179,896

Median Household Income

$66,379

Median Earnings

$727,800

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Land - 5+ acre land parcel in Newbury, MA for development.

Where is this land located?

The property is located at 18 Forest St Newbury, MA.

What is the asking price?

The asking price for this property is $750,000.

What are key features of this property?

This property features: Over 5 acres of land in Newbury.; Potential to build single family homes or townhouses.; Four available lots that can be joined.