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    29 James St Worcester, MA 01603

    Sponsored
    For Lease
    Contact for pricing

    Prime 2.24-acre lot, build-to-suit options.

    Lot size:
    5,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 10,000 square foot commercial lot in Worcester, MA, presents a rare build-to-suit or ground lease opportunity. Located at 29 James St, 01603, this Class A property boasts a 2.24-acre size and is zoned MG1, offering considerable flexibility for various commercial uses. Potential tenants can construct a building up to approximately 5,700 square feet without a drive-thru or approximately 3,000 square feet with a drive-thru. The site benefits from its adjacency to a recently constructed (2021) Lucky Pick Self Storage facility, ensuring high visibility and convenient access. Permitted uses under the MG1 zoning include retail, banking, food services, office space, and educational facilities, among others. This prime location in Worcester County offers excellent potential for businesses seeking a high-traffic area with diverse development possibilities. The property's size and zoning regulations provide a unique opportunity for a tailored development project to meet specific business needs. Don't miss this chance to establish a presence in a thriving Worcester commercial district.

    Property Features for 29 James St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,700 SF
    Class
    A

    Unit(s) available at that property

    Space
    Size
    5,700 SF

    HighLights

    • High traffic count: 17,790 ADT.
    • Drive‑thru available.
    • Pylon signage available.
    • Ample on‑site parking.
    • Expansion opportunity: up to 3,000 SF with drive‑thru.
    • Existing building: 5,700 SF available (no drive‑thru).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.8493378
    Latitude
    42.2345513

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    FAQs

    What type of property is this?
    Land - Prime 2.24-acre lot, build-to-suit options.
    Where is this land located?
    The property is located at 29 James St Worcester, MA.
    What are key features of this property?
    This property features: High traffic count: 17,790 ADT.; Drive-thru available.; Pylon signage available.
    Request Owner's contact information
    29 James St Worcester, MA 01603
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    Worcester, MA 01603
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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
    29 James St Worcester, MA 01603
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