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    6 & Lees Riv Ave Somerset, MA 02726

    Sponsored
    For Lease
    Contact for pricing

    High-traffic location, 7 acres, build-to-suit.

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6.97-acre commercial land parcel presents a rare opportunity for retail development in the thriving Somerset, Massachusetts market. Located at the highly visible intersection of Grand Army Highway (Route 6) and Lees River Avenue, this property boasts exceptional visibility and accessibility for businesses seeking a prime location. The site is zoned for Business District use, allowing for a wide range of retail possibilities, from a single-tenant building to a multi-tenant complex. The large lot size provides ample space for substantial construction, ample parking, and landscaping. The property's strategic location on Route 6 ensures high traffic volume and exposure to a large customer base. This is an ideal site for businesses seeking to establish a strong presence in a growing community. The single-tenant designation offers flexibility for developers to tailor the space to a specific tenant's needs. With its prime location, ample space, and favorable zoning, this property represents a significant investment opportunity in a dynamic market. Serious inquiries are encouraged. The property is located in Bristol County, Massachusetts, with a zip code of 02726. The total building square footage is currently listed as 1 square foot, indicating the land is available for new construction.

    Property Features for 6 & Lees Riv Ave

    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

    • New Retail Development Opportunity
    • 6.97‑Acre Retail Site Available
    • Business District Zoning
    • Signalized Intersection Access
    • High Traffic Count: 23,963 ADT on Route 6
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Somerset
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.182428
    Latitude
    41.737937

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    FAQs

    What type of property is this?
    Land - High-traffic location, 7 acres, build-to-suit.
    Where is this land located?
    The property is located at 6 & Lees Riv Ave Somerset, MA.
    What are key features of this property?
    This property features: New Retail Development Opportunity; 6.97-Acre Retail Site Available; Business District Zoning
    Request Owner's contact information
    6 & Lees Riv Ave Somerset, MA 02726
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    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
    6 & Lees Riv Ave Somerset, MA 02726
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