Property profile

1 Chase Rd Sturbridge, MA 01566

FOR SALE
Residential land & home lots
Property ID
US38-0395956
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Property summary

AI-generated overview

Lucrative opportunity for developers and investors. Chase Road was previously approved for a 71 unit Multiple Dwelling Project. 24 acres for the town house style homes and 12 acres of open space on a 450 foot cul-de-sac. On the corner of Hall Road and Chase Rd. is a 2.4 acre commercial lot. This property is ideally situated, 1/2 mile to the on ramp to I84 and I90 across from Cracker Barrel & Wendie's on Rt. 20. Providing exceptional access to Route 49, Rt. 20, Rt. 148, Tr. 131, I84 and I 90, making the property very accessible throughout Central New England. This area needs market rate, 55+ apartment homes, rentals and assisted living.

Property profile

Verified
Property type Residential land & home lots
UPID US38-0395956

Cap rate & NOI

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

Location

1 Chase Rd Sturbridge, MA 01566
Sturbridge 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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