Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    718 Grand Army of the Republic Hwy Swansea, MA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    2.9 acres of commercial land on highly traveled Route 6.

    Type:LAND
    Lot size:
    2.89 Acres
    Added:
    Nov 9, 2022
    Days on Market:
    1264
    Last Refresh:
    Apr 5 at 11:23 pm

    Property Features for 718 Grand Army of the Republic Hwy

    General Information

    Standard status
    Active
    Lot size
    2.89 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Richard E. Stang

    Listing agent Richard E. Stang

    Listing office Coastal Commercial Real Estate

    Listing date Nov 9, 2022

    Source Moodyscre

    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 Coastal Commercial Real Estate

    Overview

    Prime Commercial Land Opportunity

    This 2.9-acre commercial land parcel is located on Route 6 in Swansea, Massachusetts, offering 485 feet of frontage and zoned for General Business. The property benefits from high traffic volume, with approximately 30,000 vehicles passing by daily. The location is near established businesses such as McDonald's, Target, Marshall's, Wendy's, Dunkin', PetSmart, and Ocean State Job Lot, as well as the newly purchased Swansea Mall. The site is positioned to capitalize on the area's strong demographics and proximity to Route 195. The property is located approximately 3 miles from Fall River, Massachusetts, and 14 miles southeast of Providence, Rhode Island. Utilities including electric, town water, and gas are available at the street. The property is suitable for a new free-standing building or a new commercial plaza.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy Big Box & Wholesale Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Swansea
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.1898
    Latitude
    41.7482

    Nearby Similar for Sale

    • $70,000

      Swansea Land Opportunity

      Wooded lot in Swansea, MA, for recreational or potential building.
      Milne Ave (Ns), Swansea, MA 02777
      View Details
    • $4,200,000
      36,000 SF

      Swansea Industrial/Retail Investment Opportunity

      Fully leased 16-acre industrial/retail property in Swansea, Massachusetts.
      2555 Grand Army of the Republic Highway, Swansea, MA 02777
      View Details
    • $875,000
      6,816 SF

      Mixed-Use Investment Opportunity

      Mixed-use building with office and retail units in Swansea, MA.
      312 Wilbur Ave, Swansea, MA 02777
      View Details
    • $4,200,000
      37,872 SF

      Industrial/Retail Property in Swansea, MA

      16-acre industrial/retail property, fully leased, redevelopment potential.
      2555 Grand Army of the Republic Highway, Swansea, MA 02777
      View Details
    • $525,000
      1,676 SF

      Spacious Two-Family Home Near Beach

      Well-maintained two-family home in Swansea, near Swansea Town Beach.
      123 Puffer Avenue, Swansea, MA 02777
      View Details
    • $2,500,000

      Commercial Retail/Office Investment Opportunity

      Contiguous commercial units with strong tenancy and high ROI.
      544 Milford Road, Swansea, MA 02777
      View Details
    • $1,250,000
      3,145 SF

      Restaurant with Dual Drive-Thru Lanes

      High-visibility, free-standing restaurant available for sublease on busy Route 6.
      711 G.A.R Hwy, Swansea, MA
      View Details
    • $4,200,000
      37,872 SF

      Industrial/Retail Property For Sale

      16-acre industrial/retail property, fully leased, redevelopment potential.
      2555 GAR Hwy, Swansea, MA
      View Details
    • $4,200,000
      614,632 SF

      Industrial/Retail Property on 16 Acres

      Fully leased industrial/retail property with redevelopment potential.
      2555 G.A.R. Highway, Swansea, MA 02777
      View Details

    FAQs

    What type of property is this?
    Commercial land - 2.9 acres of commercial land on highly traveled Route 6.
    Where is this commercial land located?
    The property is located at 718 Grand Army of the Republic Hwy Swansea, MA.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: High‑traffic location on Route 6 with 30,000 vehicles per day.; Zoned General Business on 2.9 acres with 485 feet of frontage.; Proximity to major retailers like McDonalds, Target, and PetSmart.
    (508) 990-4280 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Richard E. Stang
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!