Property profile

195 Leicester St Leicester, MA 01542

OFF-MARKET
Land
5.49 ac lot
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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

Location

195 Leicester St Leicester, MA 01542
Leicester 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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