0 Clark St, Leicester, MA 01524
This exceptional 13.47-acre parcel in Leicester, Massachusetts, presents a compelling investment opportunity. Located in the Highway Business-Industrial zone and within the Town's Marijuana Facility Overlay District, it offers a diverse range of development possibilities. By-right uses include storage, warehouse and distribution facilities, manufacturing, wholesale businesses, and non-retail marijuana establishments. Solar development is also permitted. Special permits could allow for self-storage facilities, marijuana retail, vehicle services, or trucking depots. Municipal utilities are readily accessible. The property benefits from its strategic location near a recently completed 267,000 square foot Class A warehouse and distribution facility, and a planned 2.8 million square foot Amazon distribution center, indicating strong growth in the area. A complete topographic survey and preliminary wetland delineations are available. This site offers significant potential for investors seeking high-return development projects in a thriving commercial corridor. The property's zoning and proximity to major infrastructure make it an ideal location for a variety of commercial ventures. The existing development activity in the immediate area further underscores the property's potential for substantial appreciation. This is a rare opportunity to acquire a large parcel of land with significant development potential in a rapidly growing market.
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
Similar Nearby for Sale
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.