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    3 Berry Farms Rd Sturbridge, MA 01566

    Sponsored
    For Sale
    $1,600,000

    Prime 54-acre commercial lot, excellent access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional 54-acre commercial land parcel, formerly known as 30 Main Street, is ideally situated in Sturbridge, Massachusetts, offering unparalleled access to major transportation arteries. Located on Lot 3 Berry Farms Road (zip code 01566), this property boasts a convenient location, just one mile from UMASS Harrington Hospital and 3.2 miles from the intersection of I-90 and I-84. Its strategic position provides exceptional access to Routes 49, 20, 148, and 131, ensuring easy connectivity throughout Central New England. The property features a new 1000-foot commercial cul-de-sac and is serviced by town water and sewer. Zoned for commercial use, this expansive lot presents a multitude of development possibilities. Potential uses include, but are not limited to, retail, office, residential (including 55+ communities, assisted living facilities, nursing homes, or hospitals), 40B projects, single-family attached homes, or single-family rentals, or any combination thereof. Development potential is estimated at 120+ units. The seller is offering the land "as is," or will provide fully permitted land for an additional cost. Building options include purchase, lease, or lease-to-own arrangements. The seller is prepared to collaborate on construction projects of any size or type, up to 120+ units, subject to town approvals. This is a rare opportunity to acquire a large, strategically located parcel in a thriving area. The asking price is $1,600,000.

    Property Features for 3 Berry Farms Rd

    General Information

    Property type
    Land
    Lot Size
    2,352,240 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sturbridge
    County
    Worcester
    State
    Massachusetts
    Longitude
    -72.0787672
    Latitude
    42.1082733

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    FAQs

    What type of property is this?
    Land - Prime 54-acre commercial lot, excellent access.
    Where is this land located?
    The property is located at 3 Berry Farms Rd Sturbridge, MA.
    What is the asking price?
    The asking price for this property is $1,600,000.
    Request Owner's contact information
    3 Berry Farms Rd Sturbridge, MA 01566
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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
    3 Berry Farms Rd Sturbridge, MA 01566
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