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    485 Washington St Wrentham, MA 02093

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    For Sale
    Contact for pricing

    Prime Commercial Land, Route 1, Wrentham, MA

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5.88-acre commercial parcel is ideally situated at 485 Washington Street in Wrentham, Massachusetts, within Norfolk County. Zoned for commercial use, this property offers significant development potential. Its strategic location boasts high visibility on Route 1, with a daily traffic count of 34,119 vehicles. The land is conveniently located just one mile from Interstate 495, providing easy access to major transportation arteries. Further enhancing its appeal, the property is only two miles from Gillette Stadium, a significant regional attraction. The site is characterized by a Greenfield status, meaning there are no wetlands to complicate development. A key advantage is its adjacency to two major substations, ensuring ample power capacity for any future development. This presents a rare opportunity to acquire a large, well-located commercial parcel with excellent infrastructure and high traffic exposure in a thriving area. The property is available for sale or lease, making it a versatile option for various commercial ventures. The zip code is 02093.

    Property Features for 485 Washington St

    General Information

    Property type
    Land
    Lot Size
    256,133 SF

    HighLights

    • 5.88‑acre parcel available for sale or lease.
    • High‑traffic location with 34,119 average daily traffic count (ADT) on Route 1.
    • Commercially zoned land.
    • Convenient access, one mile from I‑495.
    • Level, developable site; no wetlands.
    • Proximity to Gillette Stadium (2 miles).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Hotel & Motel Auto Parts Store Kitchen & Bath Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Wrentham
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.2980632
    Latitude
    42.0555894

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, Route 1, Wrentham, MA
    Where is this land located?
    The property is located at 485 Washington St Wrentham, MA.
    What are key features of this property?
    This property features: 5.88-acre parcel available for sale or lease.; High-traffic location with 34,119 average daily traffic count (ADT) on Route 1.; Commercially zoned land.
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    485 Washington St Wrentham, MA 02093
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    Wrentham, MA 02093
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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
    485 Washington St Wrentham, MA 02093
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