1746 Broadway Raynham, MA 02767-1966
- Investment properties
- 9.60 lot acres
Current Use by Public Records
- Village Stencils / Craft Store
Property Details for 1746 Broadway
- Lot size
- 9.60 lot acres
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- RAYN M:3 B:65 L:0
- APU
- RAYNM3B65L0
Description
This exceptional 9.6-acre parcel, located at 1746 Broadway in Raynham, Massachusetts (02767), presents a remarkable redevelopment opportunity. Zoned for industrial use, this property offers significant potential for a diverse range of businesses. With 4,800 square feet of existing building space and an asking price of $1,100,000 ($229.17 per square foot), this site is ideally suited for distributors, industrial users, retailers, restaurants, storage facilities, fabrication, assembly, warehousing, manufacturing, processing, wholesale operations, or even specialized uses such as banks, hospitals, nurseries, or educational facilities. Its strategic location provides convenient access to major highways, including Routes 495 and 24, ensuring high visibility and a substantial traffic count. The property's versatility allows for multiple uses permitted by right, making it an attractive investment for developers seeking a flexible and strategically located site in a thriving area. This is a rare opportunity to acquire a significant land holding with exceptional access and development potential in Bristol County. The property is situated in Raynham, MA, offering a strong location for businesses seeking easy access to major transportation routes and a robust local economy.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $975,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $865,000
- 6.5%
- $940,000
- 7%
- $890,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,010,000
- Geo Method
- $845,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,075,000
- Retail
- $945,000
- Mixed-Use
- $1,015,000
- Hospitality
- $1,105,000
- Educational
- $1,055,000
- Residential Income
- $1,105,000
- Energy
- $925,000
- Income-Based Land
- $980,000
- Food Service
- $1,065,000
Location Insight
- Map
- Local Demand
- City
- Raynham
- County
- Bristol
- State
- Massachusetts
- Longitude
- -71.0714
- Latitude
- 41.9749
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA