Property profile

291 Ct St Plymouth, MA 02360

OFF-MARKET
Commercial land
Property ID
US38-0403787
3,268 SF 0.21 ac lot Built 1900
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 0.21-acre parcel in Plymouth, Massachusetts, presents a rare development opportunity. Located on Route 3A in the desirable North Plymouth district, this cleared lot boasts approved zoning (GC) for an eleven-unit mixed-use building. Plans for a three-story structure, including eight residential units and three commercial units, are available and will be transferred with the sale. The property's high visibility and accessibility on Route 3A ensure strong appeal to both residents and businesses. The high demand for both residential and commercial space in this area, coupled with the existing approvals, minimizes pre-construction hurdles. The site offers ample on-site parking, a significant advantage in this location. The diverse unit mix caters to a broad market, maximizing rental income potential. While architectural, structural, and site plans are provided, the buyer is responsible for obtaining any necessary building permits and conducting due diligence for any proposed modifications to the approved zoning permit. This investment presents a unique chance to capitalize on North Plymouth's growth and contribute to its vibrant future. The asking price is $995,000. The property's address is 291 Court Street, Plymouth, MA 02360.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1900
Construction WOOD FRAME
Total area 3,268 SF
Lot 0.21 ac (9,148 SF)
Zoning code GC
APN PLYM M:0007 B:0000 L:018B
UPID US38-0403787

Cap rate & NOI

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

Location

291 Ct St Plymouth, MA 02360-4341
Plymouth metro Census 530200 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$750k
CAP Approach CAP
$485k
Comparable Approach Comparable
by Request
Blend (final) Blend
$750k

Owner & transaction history

since 2024
Last sale
$750,000
4 recorded transactions
2026
Price N/A
2024
$750,000
2023
Price N/A
2017
$175,000

Zoning & alternative use

GC · Plymouth, MA
Zoning description

Permit uses under the General Commercial (GC) District (§205-10), except as expressly prohibited in this Subsection D, but without limit as to ground floor area coverage or total floor area or date of construction of a b…

General category COMMERCIAL
Top alternative use upside
Retail stores $680,000 +6.7%
Auto repair, garage $675,000 +6.3%
Office building $645,000 +1.8%

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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