Property summary
This exceptional 1.26-acre site at 1800 Worcester Road, Framingham, MA, presents a unique redevelopment opportunity. Ideally situated at the intersection of Route 9 and I-90 (Mass Pike), it boasts unparalleled visibility and accessibility. The property benefits from its location in the Metro West submarket of Greater Boston, a thriving area with strong corporate demand and a large, affluent population. Within a three-mile radius, there are over 34,700 residents, nearly 1,400 businesses, and approximately 23,700 employees, contributing to a robust local economy with an average household income exceeding $186,000. Major employers such as BJ's, Bose, Staples, EMC, TJX, and Sanofi Genzyme are nearby, creating a significant demand for various amenities. The site's proximity to major highways, including I-90, Route 9, I-495, and Route 128/I-95, ensures easy access to downtown Boston (25 miles away) and other key regional destinations. The property is fully entitled for development within the Corporate Mixed-Use (CMU) District, designed to foster a vibrant, pedestrian-friendly community. This prime location also offers convenient access to popular leisure and tourist destinations, including Gillette Stadium, the Apex Center, and historic sites in Concord, Lexington, and Salem, as well as Cape Cod, New Hampshire, and Maine. This presents a compelling investment opportunity for developers seeking to capitalize on the area's strong economic growth and high demand. The site is zoned for Corporate Mixed-Use, allowing for a variety of development options.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
B-1), Community Business (B-2), General Business (B-3 and B-4), Central Business (CB), and Business (B). (1) Neighborhood Business: B-1. The purpose of the Neighborhood Business District is to preserve and encourage the…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
B · Framingham, MAB-1), Community Business (B-2), General Business (B-3 and B-4), Central Business (CB), and Business (B). (1) Neighborhood Business: B-1. The purpose of the Neighborhood Business District is to preserve and encourage the…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
B-1), Community Business (B-2), General Business (B-3 and B-4), Central Business (CB), and Business (B). (1) Neighborhood Business: B-1. The purpose of the Neighborhood Business District is to preserve and encourage the…
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