Property profile

1497 Lunenburg Rd Lancaster Lancaster, MA 01523

FOR SALE
Vacant Commercial
Property ID
US38-1970779
2.04 ac lot
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Property summary

AI-generated overview

This commercial land parcel is located in Lancaster EZ, near Mass Youth Soccer Fields, Dunkin' Donuts, and a Mobil Gas Station, and across from Kimball Farms Ice Cream, with additional commercial activity including four automobile dealerships nearby. The Lancaster EZ zoning classification permits most professional and commercial uses while prohibiting residential uses, supporting potential uses such as an auto dealership, restaurant, or retail business. The property includes the option for additional adjacent land to be made available, and the site has prominent visibility associated with its trafficked commercial corridor.

Property profile

Verified
Property type Vacant Commercial
Lot 2.04 ac (88,862 SF)
APN LANC M:014.0 B:0000
UPID US38-1970779

Cap rate & NOI

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

Location

1497 Lunenburg Rd, Unit Lancaster Lancaster, MA 01523
Lancaster metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2018
2 recorded transactions
2020
Price N/A
2018
Price N/A
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