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    OFF-MARKET
    Investment properties

    120 Northside Rd, Charlton, MA 01507-1278

    16.5 ac lot
    Individually Owned 11-yr Hold Free & Clear
    Property ID
    US38-0941590
    Property summary
    AI-generated overview

    This exceptional 1,000,000 USD commercial land opportunity encompasses 35 acres of developable land situated at 120 Northside Rd, Charlton, MA 01507. The property is conveniently located in Worcester County, Massachusetts, offering easy access to key transportation routes and amenities. Zoned LI, this expansive parcel presents a significant potential for various commercial ventures. The generous acreage allows for substantial development flexibility, catering to a wide range of projects. With its prime location and considerable size, this property represents a rare and valuable investment opportunity for developers seeking a substantial land holding in a growing market. The latitude and longitude coordinates are 42.1585736 and -71.9533994 respectively. This is a blank canvas for a visionary developer to create a significant commercial presence in Charlton. The asking price reflects the exceptional potential and strategic location of this significant land parcel. Serious inquiries are encouraged to explore the possibilities this unique property offers. Detailed zoning information and development guidelines are readily available upon request. This 35-acre site presents a compelling investment opportunity for those seeking a large-scale commercial development project in a desirable Massachusetts location.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Lot 16.5 ac (718,592 SF)
    Zoning code A
    APN CHAR M:0024 B:000A L:0000002
    UPID US38-0941590
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Ye Olde Commons Hotel & Motel Resort
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Harald Henning · 11 yrs held
    Harald Henning
    since 2015
    1 recorded transaction
    2015
    Zoning & alternative use
    A · Charlton, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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