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    Main Canal And Pleasant St Southbridge, MA 01550

    Sponsored
    For Sale
    $395,000

    Prime 1.14-acre commercial lot, ready to build.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.14-acre commercial land parcel presents a unique development opportunity in the heart of Southbridge, Massachusetts. Located at the intersection of Main, Canal, and Pleasant Streets, this property boasts high visibility and accessibility due to its Main Street frontage and proximity to a signalized intersection. The site is zoned RB & M, offering flexibility for a variety of commercial uses. Existing infrastructure is in place, including readily available public utilities and paved access, making development seamless and cost-effective. The asking price is $395,000, translating to approximately $346,491 per acre. This prime location is situated within Southbridge's main shopping area, surrounded by a thriving mix of retail, commercial, restaurant, and automotive service businesses, ensuring high traffic counts and excellent potential for attracting customers. The property's strategic location and readily available infrastructure make it an ideal investment for developers seeking a high-impact commercial project in a bustling and established commercial district. This is a rare opportunity to acquire a well-positioned, ready-to-develop commercial lot in a vibrant Massachusetts town. The property's size and location offer significant potential for a variety of commercial ventures.

    Property Features for 0 Main Canal And Pleasant St

    General Information

    Property type
    Land
    Lot Size
    49,658 SF

    HighLights

    • $395,000 asking price for 1.14 acres of commercial land.
    • Located at the intersection of Main, Canal, and Pleasant Streets in Southbridge, MA (01550).
    • RB & M zoning.
    • $346,491 per acre land value.
    • Main Street frontage with access to a signalized intersection.
    • Public utilities available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Southbridge
    County
    Worcester
    State
    Massachusetts
    Longitude
    -72.0336857
    Latitude
    42.0749668

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    FAQs

    What type of property is this?
    Land - Prime 1.14-acre commercial lot, ready to build.
    Where is this land located?
    The property is located at Main Canal And Pleasant St Southbridge, MA.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: $395,000 asking price for 1.14 acres of commercial land.; Located at the intersection of Main, Canal, and Pleasant Streets in Southbridge, MA (01550).; RB & M zoning.
    Request Owner's contact information
    Main Canal And Pleasant St Southbridge, MA 01550
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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
    Main Canal And Pleasant St Southbridge, MA 01550
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