Property profile

6 & Lees Riv Ave Somerset, MA 02726

OFF-MARKET
Retail properties & Spaces
1 SF
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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

Location

6 & Lees Riv Ave Somerset, MA 02726
Somerset 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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