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Property profile & analytics
FOR SALE
Retail properties & Spaces

6 Great Rd Acton, MA 01720

2,911 SF 0.44 ac lot Built 1930
Individually Owned 34-yr Hold ~ Est. High Equity
Property ID
US38-0399547
Property summary
AI-generated overview

This exceptional owner-user opportunity presents a 3,012 square foot retail building located at 6 Great Road, Acton, MA 01720. The property, zoned EAV, boasts a prime location with excellent visibility and frontage, serving a substantial market of over 80,000 residents within a 5-mile radius, exhibiting average household incomes exceeding $150,000. The two-story, Class B building, renovated in 2019, sits on a 0.44-acre lot and includes a single unit currently vacant. The building offers significant potential, including 1,174 square feet of dry basement storage. The asking price is $1,100,000, translating to $365.21 per square foot. This unique property presents a compelling investment opportunity for an owner-user seeking a well-established retail space with high traffic and strong market demographics. The building's efficient design and modern systems further enhance its appeal. Conversion to residential use may also be possible, subject to applicable zoning regulations. This is a rare chance to acquire a highly visible and strategically located retail building in a thriving Acton community.

Property profile
Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1930
Construction FRAME
Total area 2,911 SF
Lot 0.44 ac (19,322 SF)
APN ACTO M:00G5 B:0087 L:0000
UPID US38-0399547
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$645k
Comparable Approach Comparable
by Request
Blend (final) Blend
$580k
Owner & transaction history
Wayne L Morgan · 34 yrs held
Wayne L Morgan
since 1992
5 recorded transactions
2020
Price N/A
2013
Price N/A
2001
Price N/A
1996
Price N/A
1992
$355,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $820,000 +4.4%
Neighborhood: shopping center $805,000 +2.8%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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