Reservoir St, Avon, MA 02322
This exceptional 4.59-acre property in Avon, MA, presents a unique investment opportunity. Boasting approximately 200,000 square feet and 393 feet of frontage on Reservoir Street, the land is zoned RES HD, permitting one dwelling unit per 4,000 square feet. The sale encompasses two parcels, offering significant development potential. The property benefits from existing Brockton city sewer and water access at the street, further enhanced by an approved connection to a neighboring 104-unit project. An easement provides access to 400 feet of frontage on Route 24, significantly improving accessibility and visibility. The versatile zoning allows for a wide range of uses, including various residential development options, retail opportunities, planned business development, and even wireless broadcast towers exceeding 100 feet in height. Its desirable location offers convenient commuting access to Route 24 and Route 93, providing easy access to Boston. The seller may consider owner financing options, and land leasing opportunities are also available. Prospective buyers are responsible for conducting their own due diligence.
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.