Property profile

0 Clark St Leicester, MA 01524

OFF-MARKET
Land
13.47 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 13.47 ac (586,753 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Clark St Leicester, MA 01524
Leicester metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Clark St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message