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Property profile

1515 State Rd Richmond, MA 01254

OFF-MARKET
Specialty properties
Property ID
US38-1375187
10,712 SF 1.22 ac lot Built 1972
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Property summary

AI-generated overview

This exceptional 10,712 square foot church property, situated on a 1.22-acre lot in Richmond, Massachusetts, is offered at $595,000. Built in 1972, this two-story building is zoned RA-A and presents a unique opportunity for a variety of uses. The main structure features a sanctuary with seating for approximately 100 people, ideal for religious services or large gatherings. Multiple meeting rooms and storage areas provide ample space for various activities, complemented by an on-site kitchen. Convenient parking is available to the south and east of the building. The property's versatile layout and substantial size offer significant potential for adaptive reuse, making it suitable for a range of community-focused services or other commercial ventures. The price per square foot is $55.55. This well-maintained property offers a compelling investment opportunity in a desirable location. The address is 1515 State Road, Richmond, MA 01254.

Property profile

Verified
Property type Specialty properties
Year built 1972
Total area 10,712 SF
Lot 1.22 ac (53,143 SF)
UPID US38-1375187

Cap rate & NOI

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

Location

1515 State Rd Richmond, MA 01254
Richmond metro
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Value estimations

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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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