Property summary
This exceptional commercial land offering presents a unique investment opportunity in Hopedale, MA. Located at the highly visible intersection of Route 16 and Hopedale Street, this property comprises three parcels totaling approximately 0.77 acres, zoned General Business A (GB-A). All buildings have been demolished, and essential utilities, including town water and sewer, are readily available, making this a truly "shovel-ready" site. Phase I environmental studies, geotechnical… investigations, and a traffic study have already been completed, streamlining the development process. Detailed concept plans and renderings are also available. The site boasts a superior location for retailers seeking to tap into an underserved market with robust and growing demographics. With an average daily traffic count of 12,500 vehicles and a projected annual growth of approximately 1%, this location offers significant potential. Its proximity to major medical facilities, including Milford Regional Medical Center and the Dana-Farber/Brigham and Women's Cancer Center, further enhances its appeal. Strategically situated 40 miles west of Boston, 25 miles east of Worcester, and 30 miles north of Providence, RI, this property offers unparalleled accessibility. Individual lot sizes range from approximately 8,786 square feet to 17,424 square feet, allowing for flexibility in development plans. Multiple uses are permitted, including but not limited to retail, office, and industrial applications. Don't miss this chance to establish a prominent presence in a thriving commercial corridor.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records and 7 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight