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    721 G.a.r. Hwy Somerset, MA 02726

    For Lease
    Contact for pricing

    Prime 5-acre lot, ideal business location.

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 5.489-acre commercial land parcel is strategically located at 721 Grand Army Highway (Route 6) in Somerset, Massachusetts, zip code 02726. Zoned for Business District use, this single-tenant property presents a unique opportunity for developers and businesses seeking a prominent location in Bristol County. The expansive lot offers significant potential for a variety of commercial ventures, benefiting from its high visibility and convenient access to Route 6, a major thoroughfare. The property's size allows for ample space for building construction, parking, and landscaping, catering to businesses requiring substantial land area. This is a rare opportunity to acquire a sizeable commercial lot in a thriving area with excellent growth prospects. The property is currently available for lease and offers a blank canvas for creating a successful commercial enterprise. Detailed site plans and zoning information are readily available upon request. Serious inquiries only. Don't miss this chance to secure a prime location for your business in Somerset, MA. The property's latitude and longitude coordinates are 41.7592057 and -71.1389101 respectively.

    Property Features for 721 G.a.r. Hwy

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    0 SF

    HighLights

    • 5.489‑acre commercial land parcel available for lease in Somerset, MA.
    • Located on Route 6 (Grand Army Highway) with high visibility and 23,963 ADT.
    • Zoned for Business District use.
    • Ideal for new retail development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Somerset
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.1389101
    Latitude
    41.7592057

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    FAQs

    What type of property is this?
    Land - Prime 5-acre lot, ideal business location.
    Where is this land located?
    The property is located at 721 G.a.r. Hwy Somerset, MA.
    What are key features of this property?
    This property features: 5.489-acre commercial land parcel available for lease in Somerset, MA.; Located on Route 6 (Grand Army Highway) with high visibility and 23,963 ADT.; Zoned for Business District use.
    Request Owner's contact information
    721 G.a.r. Hwy Somerset, MA 02726
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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
    721 G.a.r. Hwy Somerset, MA 02726
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