195 Leicester St, Leicester, MA 01542
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.