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    2 Juniper St Winchendon, MA 01475

    Sponsored
    For Sale
    $220,000

    .69-Acre Lot, Prime Location, High Development Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional .69-acre commercial lot in Winchendon, Massachusetts, presents a unique investment opportunity. Situated near the town center with direct access to Central Street, this property boasts unparalleled versatility. The zoning allows for a wide range of development possibilities, including condominiums, apartments, retail spaces (such as a convenience store or even one with a gas station), restaurants, and facilities for wireless communications or solar energy collection. The asking price is $220,000. Detailed information regarding permitted uses is available in the attached GIS map, site plan, and use table. This property is ideal for owner-occupants seeking to build their dream project or investors looking to capitalize on the diverse development potential. The absence of existing structures allows for complete design flexibility, tailoring the development to specific market demands. The central location ensures high visibility and accessibility, maximizing potential returns. Lease rates for developed properties will be negotiated on a project-by-project basis. Don't miss this chance to acquire a highly versatile commercial lot in a thriving Massachusetts town.

    Property Features for 2 Juniper St

    General Information

    Property type
    Land
    Lot Size
    30,056 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    VinLozano Imports Inc. Wine Wholesaler And Importer

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Winchendon
    County
    Worcester
    State
    Massachusetts
    Longitude
    -72.0454836
    Latitude
    42.6867908

    Nearby Comparable

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    Nearby Similar for Sale

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      34-36 West St, Winchendon, MA 01475
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      103 Maple St, Winchendon, MA 01475
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      Multi-unit residence in Winchendon, MA, with conversion potential.
      19 Chestnut St, Winchendon, MA 01475
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      8.57 Acres

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    FAQs

    What type of property is this?
    Land - .69-Acre Lot, Prime Location, High Development Potential
    Where is this land located?
    The property is located at 2 Juniper St Winchendon, MA.
    What is the asking price?
    The asking price for this property is $220,000.
    Request Owner's contact information
    2 Juniper St Winchendon, MA 01475
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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
    2 Juniper St Winchendon, MA 01475
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