71 Main St Freetown, MA 02702
- Gas stations
- 6,600 SF
- 0.79 lot acres
Current Use by Public Records
- Gas stations
Property Details for 71 Main St
- Year built
- 1964
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.79 lot acres
- Property size
- 6,600 SF
- Zone code
- B
- Property type
- Gas stations
- APN
- FREE M:215 P:34
- APU
- FREEM215P34
Description
This exceptional 0.791-acre commercial land parcel presents a prime retail opportunity in Freetown, Massachusetts. Located at 71 S Main Street, this single-tenancy pad site boasts 205 feet of frontage on Route 79 (S. Main Street), offering unparalleled visibility and accessibility. The property benefits from its strategic position at the Route 24 northbound ramp interchange, ensuring high traffic volume and excellent exposure to potential customers. The site is commercially zoned, allowing for a variety of retail uses. A ground lease or build-to-suit option is available, providing flexibility for prospective tenants or developers. The property's location offers significant advantages for businesses seeking high visibility and convenient access for customers. The potential use of an additional lot to the rear could further expand development opportunities. This is an exceptional opportunity to establish a thriving retail presence in a high-traffic area with strong growth potential. The property's address is 71 S Main St, Freetown, MA 02702. The site's coordinates are latitude 41.7863796 and longitude -71.0764724.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $795,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $635,000
- 6.5%
- $760,000
- 7%
- $640,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $740,000
- Geo Method
- $655,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $735,000
- Retail
- $690,000
- Mixed-Use
- $770,000
- Hospitality
- $740,000
- Educational
- $765,000
- Residential Income
- $725,000
- Energy
- $610,000
- Income-Based Land
- $580,000
- Food Service
- $725,000
Location Insight
- Map
- Local Demand
- City
- Assonet
- County
- Bristol
- State
- Massachusetts
- Longitude
- -71.0766
- Latitude
- 41.7864
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA