Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
GC · Plymouth, MAPermit 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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for GC in Plymouth, MA.
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