231 West St, Milford, MA 01757
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.
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.