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    OFF-MARKET
    Land

    195 Leicester St, Leicester, MA 01542

    5.49 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 5.49-acre parcel of land presents a remarkable industrial development opportunity in Oxford, Massachusetts. Located on Route 56, this property boasts convenient access to major transportation arteries, including Route 20 (just 1.7 miles away) and the Massachusetts Turnpike (MA Pike), ensuring seamless logistics and connectivity for any industrial venture. The land is zoned I - Industrial, providing flexibility for a wide range of development projects. The property's size offers significant potential, with the possibility of subdividing the lot into approximately 2.73-acre parcels, allowing for tailored development plans to suit specific needs. The asking price for this strategically located industrial land is $389,000. This represents a compelling investment opportunity in a thriving area with strong infrastructure and accessibility. The property's location in Worcester County, Massachusetts, provides access to a skilled workforce and a robust regional economy. This is an ideal site for businesses seeking a prime location for expansion or new development in a well-connected and established industrial area. The address is 195 Leicester Street, Oxford, MA 01542.

    Property profile
    Verified
    Property type Land
    Lot 5.49 ac (239,144 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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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