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    41 Way Tewksbury, MA 01876

    Sponsored
    For Sale
    Contact for pricing

    Massive development opportunity near Boston.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 116-acre land parcel presents a rare development opportunity in a highly desirable location. Strategically situated just 17 miles north of downtown Boston, this expansive tract offers unparalleled potential for a wide range of commercial projects. The property is conveniently located adjacent to I-93, providing excellent access to major transportation routes and a large workforce. The land is comprised of two sections: 90 acres in Tewksbury, Massachusetts, and the remaining acreage in Wilmington, Massachusetts. The Tewksbury portion is zoned Residence 40, while the Wilmington section is zoned Highway Industrial, offering flexibility for diverse development plans. This unencumbered property is offered free and clear of existing debt, presenting a unique chance to acquire a significant land holding in a market with limited comparable inventory. The address is 41 Jennie's Way, Tewksbury, MA 01876, within Middlesex County. The property's latitude and longitude coordinates are 42.6005413 and -71.1767877, respectively. This is a truly exceptional opportunity for developers seeking a large-scale project in a prime location. The property is being offered without a formal asking price.

    Property Features for 41 Way

    General Information

    Property type
    Land
    Lot Size
    5,052,960 SF

    HighLights

    • For Sale
    • 116‑Acre Parcel
    • Significant Development Potential
    • I‑93 Frontage
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Tewksbury
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1767877
    Latitude
    42.6005413

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    FAQs

    What type of property is this?
    Land - Massive development opportunity near Boston.
    Where is this land located?
    The property is located at 41 Way Tewksbury, MA.
    What are key features of this property?
    This property features: For Sale; 116-Acre Parcel; Significant Development Potential
    Request Owner's contact information
    41 Way Tewksbury, MA 01876
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    Realmo Value Estimation

    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.

    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.

    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
    41 Way Tewksbury, MA 01876
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