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    Pond Ln Concord, MA 01742

    Sponsored
    For Sale
    $2,900,000

    59.86 Acres, Prime Development Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional 59.86-acre residential land parcel in Concord, MA, available for development. Located on Pond Lane in Middlesex County, zip code 01742, this property offers commanding elevated views of the Assabet River. The site is zoned for residential use, presenting a unique opportunity for a substantial development project within a thriving community. Concord boasts a strong and growing economy, with a 2020 household count of 26,915, projected to reach 27,756 by 2025. The average household income is $170,448, and the median household income is $144,960, indicating a high-income demographic. This picturesque location provides a rare chance to create a significant residential development in a desirable and affluent area. The property's convenient access at the end of Pond Lane enhances its appeal. The asking price for this exceptional land opportunity is $2,900,000.

    Property Features for 0 Pond Ln

    General Information

    Property type
    Land
    Lot Size
    2,607,502 SF

    HighLights

    • Strong residential market with 26,915 households in 2020, projected to grow to 27,756 by 2025.
    • Steady population growth averaging 0.9% annually (2010‑2020) and projected at 0.6% (2020‑2025).
    • High concentration of owner‑occupied units (21,125) indicating strong homeownership rates.
    • Significant renter population (5,790) representing a substantial rental market.
    • High average and median household incomes ($170,448 and $144,960 respectively) demonstrating strong purchasing power.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Concord
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.4094439
    Latitude
    42.4540895

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    FAQs

    What type of property is this?
    Land - 59.86 Acres, Prime Development Opportunity
    Where is this land located?
    The property is located at Pond Ln Concord, MA.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: Strong residential market with 26,915 households in 2020, projected to grow to 27,756 by 2025.; Steady population growth averaging 0.9% annually (2010-2020) and projected at 0.6% (2020-2025).; High concentration of owner-occupied units (21,125) indicating strong homeownership rates.
    (978) 346-3098
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    Pond Ln Concord, MA 01742
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    Concord, MA 01742
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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
    Pond Ln Concord, MA 01742
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