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    483 Thurston St Wrentham, MA 02093

    Sponsored
    For Sale
    $3,295,000

    Prime Commercial Development Site in Wrentham, MA

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6.82-acre commercial land parcel presents a remarkable opportunity for developers seeking a strategic location in Wrentham, Massachusetts. Situated at 483 Thurston St, this property boasts significant frontage on two major roadways: approximately 196 feet on Route 1 and 652 feet on Thurston Street, offering excellent visibility and accessibility. The lot also features approximately 145 feet of curvature along Thurston Street, adding to its unique character and potential development options. The property enjoys a southern exposure, benefiting from ample sunlight. Essential utilities, including water and electricity, are readily available on the street. A comprehensive environmental engineering report has confirmed the absence of ledge, simplifying site preparation and construction. This prime location in Norfolk County, with its 02093 zip code, offers easy access to major transportation routes and a thriving local economy. The asking price for this exceptional development opportunity is $3,295,000. All interested parties are responsible for conducting their own due diligence.

    Property Features for 483 Thurston St

    General Information

    Property type
    Land
    Lot Size
    297,079 SF

    HighLights

    • 6.82‑acre commercial land parcel in Wrentham, MA.
    • High visibility with ~196 ft frontage on Route 1 and ~652 ft on Thurston St.
    • Utilities readily available.
    • No ledge per environmental report.
    • Asking price: $3,295,000.
    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
    -71.297205
    Latitude
    42.054483

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    FAQs

    What type of property is this?
    Land - Prime Commercial Development Site in Wrentham, MA
    Where is this land located?
    The property is located at 483 Thurston St Wrentham, MA.
    What is the asking price?
    The asking price for this property is $3,295,000.
    What are key features of this property?
    This property features: 6.82-acre commercial land parcel in Wrentham, MA.; High visibility with ~196 ft frontage on Route 1 and ~652 ft on Thurston St.; Utilities readily available.
    Request Owner's contact information
    483 Thurston 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
    483 Thurston St Wrentham, MA 02093
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