234 Brooks St Worcester, MA 01606
For Lease
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This exceptional 1-acre commercial land parcel presents a unique investment opportunity in Charlton, Massachusetts. Strategically located at the northeast quadrant of a four-way signalized intersection on Route 20, this property boasts over 200 feet of prime road frontage. Its commercially zoned status allows for a wide range of development possibilities, making it ideal for various commercial ventures. Envision a gas station and convenience store, a new bank branch, a retail strip mall, or a modern office building. The high-growth community of Charlton is currently underserved by retail services, creating significant potential for a successful business. The property's location at a highly visible intersection ensures maximum exposure and accessibility, attracting a large customer base. With an average daily traffic count of 21,200 vehicles, this site offers unparalleled visibility and accessibility. This is a rare opportunity to acquire a well-positioned commercial lot in a thriving community with significant growth potential. The asking price is $500,000. The property's address is 6 Oxbow Road, Charlton, MA 01507, located in Worcester County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CB · Charlton, MACharlton. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.