Commercial Development
For Sale
$3,750,000
Pending
50 Quannapowitt Pkwy, Wakefield, MA 01880
Commercial land totals 4.55 acres, with approximately one acre designated as wetlands.
Property SizeContact for details
Lot Size4.55 Acres
Days on Market756
Property Features for 50 Quannapowitt Pkwy
General Information
Standard status
Pending
Lot size
4.55 Acres
Property subtype
Land
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$51,932
Listing Agency:
Related Beal Sales, LLC
(617) 794-0976
Listed By:
Michael Tammaro · License #449516171
(617) 794-0976
Source:
Exprealty
Added: Jul 15, 2024
Changed: Aug 8
Last Checked: Jun 16 at 4:25PM
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 Related Beal Sales, LLC
Investment Insights
Based on property information with market context.
50 Quannapowitt Parkway is a commercial development parcel totaling 4.55 acres, including approximately one acre of wetlands. Buyers will be responsible for due diligence with the town regarding potential uses, zoning, building requirements, and conservation considerations.
The property is located along Route 128 (Route 95), near the North Avenue and Wakefield on/off ramps, and is described as approximately two exits from Interstate Route 93. Surrounding businesses include Home Depot, Jordan’s Furniture, Crossing @ Walkers Brook (retail), Market Basket, and Stop & Shop.
Vehicular access on and off the property for a new development is currently established via a documented easement between the 50Q and 100Q parcels. Potential uses listed for consideration include office, health care, assisted living, apartments, retail, restaurant, hotel, and research labs, subject to local approvals.
The property is located along Route 128 (Route 95), near the North Avenue and Wakefield on/off ramps, and is described as approximately two exits from Interstate Route 93. Surrounding businesses include Home Depot, Jordan’s Furniture, Crossing @ Walkers Brook (retail), Market Basket, and Stop & Shop.
Vehicular access on and off the property for a new development is currently established via a documented easement between the 50Q and 100Q parcels. Potential uses listed for consideration include office, health care, assisted living, apartments, retail, restaurant, hotel, and research labs, subject to local approvals.
Key Highlights
- Commercial land totals 4.55 acres, with approximately 1 acre designated as wetlands
- Located along Route 128 (Route 95) with North Avenue | Wakefield on/off ramp access
- About 2 exits from Interstate Route 93 and approximately 3 miles south of the property
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
280
Businesses Nearby
Explore this area
Business Placement
Demographics for 01880, MA
27,071
Population
11,513
Households
2.4
Avg Household Size
43
Median Age
57%
College-Educated
96%
High-School Grad
7.4 sq mi
ZIP Area
3,658
Density / Sq Mi
$130,419
Median Household Income
$78,860
Median Earnings
$1,872
Median Rent
$670,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land totals 4.55 acres, with approximately one acre designated as wetlands.
Where is this commercial land located?
The property is located at 50 Quannapowitt Pkwy Wakefield, MA.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: Commercial land totals 4.55 acres, with approximately 1 acre designated as wetlands; Located along Route 128 (Route 95) with North Avenue | Wakefield on/off ramp access; About 2 exits from Interstate Route 93 and approximately 3 miles south of the property
