Property profile

231 West St Milford, MA 01757

OFF-MARKET
Land
3.85 ac lot
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Property summary

AI-generated overview

This exceptional 3.85-acre commercial lot, located at 231 West St in Milford, Massachusetts (zip code 01757), presents a unique development opportunity. Situated in Worcester County, this property boasts highway commercial zoning, allowing for a maximum building size of approximately 4,500 square feet. The lot offers ample space for a commercial structure, along with additional parking. Please note that approximately 4 acres of the total 3.85 acres are designated as wetlands. This property is being offered for sale by owner at an asking price of $279,900. The precise latitude and longitude coordinates are 42.1455877, -71.5497164. Given its prime location and zoning, this land parcel represents a compelling investment for developers seeking a strategic foothold in the Milford market. Serious inquiries are encouraged to explore the potential of this valuable commercial property. The property is conveniently located in Milford, MA, offering easy access to major transportation routes. This makes it an attractive location for businesses seeking high visibility and convenient access for customers and employees.

Property profile

Verified
Property type Land
Lot 3.85 ac (167,706 SF)

Cap rate & NOI

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

Location

231 West St Milford, MA 01757
Milford metro
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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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