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Development Site in Dracut, MA
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341 Broadway Rd, Dracut, MA 01826

46.49 acre development site near Interstates 93 and 495.

Property SizeContact for details
Lot Size46.49 Acres
Days on Market162

Property Features for 341 Broadway Rd

General Information

Standard status Active
Lot size 46.49 Acres
Property subtype Land, Mixed Use, Multifamily, Retail
Zoning I1
Listing Agency: Paul McInnis, LLC
Listed By: Justin Conway · License #NH RE Lic# 063340
Source: Crexi
Added: Mar 12 Changed: Aug 8 Last Checked: Jul 16 at 1:09AM

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 Paul McInnis, LLC

Investment Insights

Based on property information with market context.

This property, totaling 46.49 acres, is located in Dracut, Massachusetts. It comprises three parcels of land with 265 feet of frontage on Broadway (Route 113) and 220 feet on Loon Hill Road, situated in the central part of Dracut. Public utilities are available at the street. The site is zoned as "Industrial 1 District". The property was previously planned for a 278-unit multi-family project, and more recently, a proposed 300-unit mixed-use project called Broadway Villages was presented to the town for consideration. The site is located within 5 miles of Interstates 93 and 495.

Key Highlights

  • Large Development Site: 46.49 +/- acres in a central Dracut location.
  • Multi‑Family Potential: Previously planned for 278‑unit multi‑family project and a proposed 300‑unit mixed‑use project.
  • Public Utilities are available at the street.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Auto Repair Shop Building Supply Big Box & Wholesale Store Real Estate Agency Dental Office

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

222
Businesses Nearby

Demographics for 01826, MA

32,689
Population
12,480
Households
2.6
Avg Household Size
42
Median Age
35%
College-Educated
91%
High-School Grad
20.8 sq mi
ZIP Area
1,572
Density / Sq Mi
$111,451
Median Household Income
$58,361
Median Earnings
$1,740
Median Rent
$466,200
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?
Commercial land - 46.49 acre development site near Interstates 93 and 495.
Where is this commercial land located?
The property is located at 341 Broadway Rd Dracut, MA.
What are key features of this property?
This property features: Large Development Site: 46.49 +/- acres in a central Dracut location.; Multi‑Family Potential: Previously planned for 278‑unit multi‑family project and a proposed 300‑unit mixed‑use project.; Public Utilities are available at the street.
More about this property
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