Property profile

41 Way Tewksbury, MA 01876

OFF-MARKET
Land
116 ac lot
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Property summary

AI-generated overview

This exceptional 116-acre land parcel presents a rare development opportunity in a highly desirable location. Strategically situated just 17 miles north of downtown Boston, this expansive tract offers unparalleled potential for a wide range of commercial projects. The property is conveniently located adjacent to I-93, providing excellent access to major transportation routes and a large workforce. The land is comprised of two sections: 90 acres in Tewksbury, Massachusetts, and the remaining acreage in Wilmington, Massachusetts. The Tewksbury portion is zoned Residence 40, while the Wilmington section is zoned Highway Industrial, offering flexibility for diverse development plans. This unencumbered property is offered free and clear of existing debt, presenting a unique chance to acquire a significant land holding in a market with limited comparable inventory. The address is 41 Jennie's Way, Tewksbury, MA 01876, within Middlesex County. The property's latitude and longitude coordinates are 42.6005413 and -71.1767877, respectively. This is a truly exceptional opportunity for developers seeking a large-scale project in a prime location. The property is being offered without a formal asking price.

Property profile

Verified
Property type Land
Lot 116 ac (5,052,960 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

41 Way Tewksbury, MA 01876
Tewksbury metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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