Property summary
This exceptional 0.27-acre lot at 2 Plum Island Turnpike (also known as 2 Sunset Drive) in Newbury, MA (01951), presents a unique investment/development opportunity. The property boasts 4,521 square feet of buildable space, currently zoned AR4, allowing for various uses. The existing structure, approximately 4,519 square feet including a 512 square foot patio, could be redeveloped into a substantial residential home with an ancillary unit or a restaurant, both permitted by-right. … Alternatively, a special permit could allow for multiple residential units or other commercial ventures, potentially increasing the building size. The property features 20 parking spaces and enjoys a prime location at the crossroads of Plum Island Boulevard and Sunset Drive, offering convenient access to downtown Newburyport and the ocean. A legal opinion letter is available to qualified buyers. Engineering work has commenced on a multi-unit permit application. The asking price is $1,950,001, with a price per square foot of $431.32. The land value alone is $162.49 per square foot. The property is expected to be available on December 31, 2024. This is a rare chance to acquire a highly desirable property in a thriving coastal community. Don't miss this chance to create your dream project in a location known for its stunning sunsets and strong demographics.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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