Listing Agency: Romano Real Estate Show Phone

Listed By: Chris Bernier Show Phone

Source: Churchillprop

Added: Apr 28 Changed: Sep 16 Last Checked: Sep 16 at 1:30PM

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Investment Insights

Based on property information with market context.

The Chapel Hill Senior Housing Development is a 29.7-acre site located in Leicester, MA. The property has been permitted for the construction of 88 senior housing units. It is situated minutes from downtown Leicester and less than 5 miles from the intersection of Route 146 and 290. The location has a bike score of 8, indicating it is somewhat bikeable, and a walk score of 24, suggesting car dependence.

Key Highlights

• Permitted for 88 senior housing units
• 29.7 acre site** offering ample space
• Minutes away from downtown Leicester

Property Analytics

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Current Use

Land

Suggested Use

Top Pick Restaurant Building Supply Hair Salon Big Box & Wholesale Store Auto Repair Shop 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

73

Businesses Nearby

Explore this area Business Placement

Demographics for 01611, MA

2,277

Population

845

Households

2.7

Avg Household Size

41

Median Age

28%

College-Educated

91%

High-School Grad

3.4 sq mi

ZIP Area

670

Density / Sq Mi

$118,389

Median Household Income

$46,424

Median Earnings

$1,040

Median Rent

$306,400

Median Home Value

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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 - 29.7-acre site permitted for 88 senior housing units.

Where is this land located?

The property is located at 46 Chapel Street Leicester, MA.

What is the asking price?

The asking price for this property is $1,490,000.

What are key features of this property?

This property features: Permitted for **88 senior housing units**; 29.7 acre site** offering ample space; Minutes away from downtown Leicester