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    OFF-MARKET
    Land

    41 Way, Tewksbury, MA 01876

    116 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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