Property profile

1 Berry Farms Rd Southbridge, MA 01550

OFF-MARKET
Land
2 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Land
Lot 2 ac (87,120 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1 Berry Farms Rd Southbridge, MA 01550
Southbridge metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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