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    510 Colony Place Rd Plymouth, MA 02360

    Sponsored
    For Sale
    $5,900,000

    Prime Plymouth development site, 5.19 acres, MC zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5.19-acre commercial land parcel presents a unique investment opportunity in the thriving Colony Place development in Plymouth, Massachusetts. Located at 510 Colony Place, this property boasts a highly desirable MC zoning designation, allowing for a diverse range of development possibilities. The site is part of the larger 300-acre Colony Place mixed-use campus, providing convenient access to major highways and ensuring high visibility and accessibility for future businesses. Permitted uses under the current zoning include self-storage facilities, retail spaces, office buildings, hotels, senior housing, assisted living facilities, and automotive sales dealerships. The expansive lot size offers significant potential for large-scale projects or the development of multiple smaller buildings. This prime location within a well-established and successful mixed-use development makes this property an attractive investment for developers seeking to capitalize on the strong market demand in Plymouth, MA. The asking price for this exceptional property is $5,900,000. The property's address is 510 Colony Pl, Plymouth, MA 02360, situated in Plymouth County. This is a rare opportunity to acquire a substantial commercial land parcel in a highly sought-after location.

    Property Features for 510 Colony Place Rd

    General Information

    Property type
    Land
    Lot Size
    226,076 SF

    HighLights

    • 5.19‑acre commercial land parcel in Plymouth, MA's thriving Colony Place development.
    • Highly desirable MC zoning allows diverse development options including retail, office, hotel, and senior housing.
    • Part of a 300‑acre mixed‑use campus with excellent highway access and high visibility.
    • $5,900,000 asking price.
    • Located at 510 Colony Pl, Plymouth, MA 02360.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Plymouth
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -70.721613407208
    Latitude
    41.952110360638

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    FAQs

    What type of property is this?
    Land - Prime Plymouth development site, 5.19 acres, MC zoning.
    Where is this land located?
    The property is located at 510 Colony Place Rd Plymouth, MA.
    What is the asking price?
    The asking price for this property is $5,900,000.
    What are key features of this property?
    This property features: 5.19-acre commercial land parcel in Plymouth, MA's thriving Colony Place development.; Highly desirable MC zoning allows diverse development options including retail, office, hotel, and senior housing.; Part of a 300-acre mixed-use campus with excellent highway access and high visibility.
    Request Owner's contact information
    510 Colony Place Rd Plymouth, MA 02360
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    Plymouth, MA 02360
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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
    510 Colony Place Rd Plymouth, MA 02360
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