53 Rte 3 & Rte, Norwell, MA 02339
This exceptional 1-square-foot parcel of land presents a unique opportunity for commercial or industrial development. Located at the strategic intersection of Route 3 and Route 53 in Hanover, Massachusetts, this single-tenant property offers unparalleled access to major transportation arteries, ensuring seamless connectivity for businesses. Situated in Plymouth County, the property's precise location at 42.150411 latitude and -70.85055 longitude provides easy access to a thriving market and a strong workforce. The site is designated for commercial and industrial uses, making it ideal for a variety of development projects. Given its minimal square footage, this listing is particularly suited for a specific, targeted use, perhaps as a small outparcel or for a unique, specialized business requiring only minimal land area. The property's location at the Hanover Interchange offers high visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in a high-traffic area. Further details regarding zoning and potential development options are available upon request. This is an exceptional opportunity to acquire a strategically located parcel of land in a rapidly growing area of Massachusetts. The zip code for this property is 02339, and the city is Norwell, though the property's address is listed as Route 3 & Route 53, Hanover. This property is offered for lease.
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.