426 Old Post Rd Sharon, MA 02067
- Investment properties
- 854 SF
- 1.66 lot acres
Current Use by Public Records
- Investment properties
Property Details for 426 Old Post Rd
- Year built
- 1950
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.66 lot acres
- Property size
- 854 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- SHAR M:096 B:007 L:000
- APU
- SHARM096B007L000
Description
This exceptional 2-million-dollar commercial land parcel presents a unique investment opportunity in the desirable town of Sharon, Massachusetts. Located at 426 Old Post Rd, in Norfolk County, this property boasts a prime location with convenient access to major transportation routes, making it ideal for a variety of commercial ventures. The address is precisely 426 Old Post Rd, Sharon, MA 02067, with GPS coordinates of 42.122691 latitude and -71.2306919 longitude. The property is classified as commercial land and is being offered for sale at $2,000,000. This represents a significant opportunity for developers and investors seeking a strategic location in a thriving Massachusetts community. The site's size and zoning regulations will need to be independently verified by prospective buyers to ensure suitability for their intended use. Further due diligence is recommended to fully assess the potential of this valuable land parcel. This is a blank canvas for your next commercial project, offering the potential for substantial returns. Serious inquiries are encouraged to explore this promising investment opportunity further. The property is ready for development, offering a chance to build a new commercial structure or expand an existing business. Don't miss this chance to acquire a prime piece of commercial real estate in a highly sought-after location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $390,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $495,000
- 6.5%
- $460,000
- 7%
- $480,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $400,000
- Geo Method
- $500,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $585,000
- Retail
- $440,000
- Mixed-Use
- $530,000
- Hospitality
- $515,000
- Educational
- $455,000
- Residential Income
- $565,000
- Energy
- $585,000
- Income-Based Land
- $490,000
- Food Service
- $575,000
Location Insight
- Map
- Local Demand
- City
- Sharon
- County
- Norfolk
- State
- Massachusetts
- Longitude
- -71.2309
- Latitude
- 42.1225
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA