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    1 Berry Farms Rd Southbridge, MA 01550

    Sponsored
    For Sale
    $450,000

    2-Acre Commercial Lot, Excellent Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2-acre commercial land parcel in Southbridge, Massachusetts, presents a unique investment opportunity. Located on Lot 1 Berry Farms Road (zip code 01550), this property boasts convenient access to major roadways, including Route 49, Route 20, Route 148, Route 131, I-84, and I-90, providing unparalleled connectivity throughout Central New England. The site is situated within a new 1000-foot commercial cul-de-sac and benefits from readily available town water and sewer services. Zoned for commercial use, the land is ideal for a variety of developments, including retail, office, or residential projects. While the current listing is for 2 acres, up to 4 acres are available. The seller is also developing plans for a 7,500 square foot building, offering potential buyers the option to purchase, lease, or lease with the option to buy. Furthermore, the seller is open to constructing buildings of various sizes and types, up to 50,000 square feet, to meet specific buyer needs. The property's strategic location offers proximity to UMASS Harrington Hospital (one mile away) and easy access to I-90 and I-84 (3.2 miles). An additional 54 acres are also available for larger-scale projects, potentially suitable for a 55+ community, assisted living facility, nursing home, hospital, or multi-family residential development, subject to town approval. This expansive acreage could accommodate over 120 units. The asking price for the 2-acre parcel is $450,000.

    Property Features for 1 Berry Farms Rd

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • $450,000 asking price.
    • 2‑acre commercial land parcel.
    • Located at Lot 1 Berry Farms Road, Southbridge, MA 01550.
    • Zoned for commercial use; town water and sewer available.
    • Excellent access to major roadways including Routes 49, 20, 148, 131, I‑84, and I‑90.
    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 - 2-Acre Commercial Lot, Excellent Access
    Where is this land located?
    The property is located at 1 Berry Farms Rd Southbridge, MA.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: $450,000 asking price.; 2-acre commercial land parcel.; Located at Lot 1 Berry Farms Road, Southbridge, MA 01550.
    Request Owner's contact information
    1 Berry Farms Rd 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
    1 Berry Farms Rd Southbridge, MA 01550
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