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    OFF-MARKET
    Retail properties & Spaces

    6 & Lees Riv Ave, Somerset, MA 02726

    1 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 6.97-acre commercial land parcel presents a rare opportunity for retail development in the thriving Somerset, Massachusetts market. Located at the highly visible intersection of Grand Army Highway (Route 6) and Lees River Avenue, this property boasts exceptional visibility and accessibility for businesses seeking a prime location. The site is zoned for Business District use, allowing for a wide range of retail possibilities, from a single-tenant building to a multi-tenant complex. The large lot size provides ample space for substantial construction, ample parking, and landscaping. The property's strategic location on Route 6 ensures high traffic volume and exposure to a large customer base. This is an ideal site for businesses seeking to establish a strong presence in a growing community. The single-tenant designation offers flexibility for developers to tailor the space to a specific tenant's needs. With its prime location, ample space, and favorable zoning, this property represents a significant investment opportunity in a dynamic market. Serious inquiries are encouraged. The property is located in Bristol County, Massachusetts, with a zip code of 02726. The total building square footage is currently listed as 1 square foot, indicating the land is available for new construction.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 1 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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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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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