Property profile

44 New Driftway Scituate, MA 02066

OFF-MARKET
Commercial land
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Property summary

AI-generated overview

Prime transit-oriented development location adjacent to the Greenbush Commuter Rail Station. The rear 11.7-acre lot, which is not contiguous to either of the other two lots, is considered to be “undevelopable.” Currently utilized for the storage of vehicles and equipment with the potential for the redevelopment of prime, transit-oriented housing units adjacent to the commuter rail Greenbush Station. Three lot package containing: 53-3-B: .07 acres. 53-3-6: 1.8 acres. 53-3-7: 11.7 acres. Lot size: 13.37 acres. Sloping topography. Finish grade. Commercial use. No utilities.

Property profile

Verified
Property type Commercial land

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • General Contractor Renovation Specialist
  • Freight Service Logistics Company

Location

44 New Driftway Scituate, MA 02066
Scituate 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
$1.30M

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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