Eagle Rd Saugus, MA 01906
- Commercial real estate
- 3.02 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Eagle Rd
- Lot size
- 3.02 lot acres
- Property type
- Commercial real estate
Description
This exceptional 3.02-acre parcel in Saugus, MA, presents a rare development opportunity. Situated in the Business Highway Sustainable Development Zoning District, this property offers significant potential for a variety of projects. The zoning allows for up to 90 units, making it ideal for a multi-family residential development, such as an over-55 community, apartments, condominiums, or townhomes. A mixed-use development is also a possibility. The land's high visibility from Route 1 North provides excellent exposure, making it a prime location for a flagship development. Currently, four income-producing homes are on the site, offering immediate return on investment. Access is available from multiple approved roads, enhancing the property's functionality and appeal. This "Gateway to Saugus" location provides unparalleled visibility and accessibility, making it an exceptional investment for a developer seeking to create a landmark project. The property's size and zoning flexibility allow for a wide range of creative development concepts, promising a significant return. Bring your vision and build a development that will be a source of pride for both the developer and the town of Saugus.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Saugus
- County
- Essex
- State
- Massachusetts
- Longitude
- -71.0233
- Latitude
- 42.4481
