Property summary
This exceptional 19.44-acre parcel in Milford, MA, offers significant development potential. Strategically located off Route 109 and I-495, this property boasts 11.8 buildable acres zoned IB-Highway Industrial. The site is divisible into five separate lots ranging from 2.55 to 8.6 acres, each with its own price point. Lot sizes and buildable acreage vary, with prices ranging from $400,000 to $2,000,000. Environmental assessments, including wetlands, flood plain, Rivers Act, Endangered Species, and 21E studies, are complete. Perc tests and soil analyses have also been performed, revealing favorable terrain with no blasting required. The property benefits from commercial-sized town water and sewer access, natural gas availability, and high-speed internet access via Verizon FIOS and Comcast Business Class. Its prime location offers excellent visibility for I-495 travelers and proximity to amenities such as an abutting shopping center, hotels, banks, and restaurants. The area is home to established businesses like EMC, Waters, and others, indicating a strong commercial presence. Potential exists for a 40B/55+ development. This versatile property presents a unique opportunity for a variety of commercial ventures.
Property profile
VerifiedCap rate & NOI
Current use
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Laboratory
Location
Value estimations
Owner & transaction history
Zoning & alternative use
ACTIVITY OR USE RA RB RC RD OR BP CA CB CC IA IB IC RECREATIONAL USES Camping, commercial O O O O O O O O O O O O Camping, supervised O A A A O O O O O O O O Commercial recreation/ Indoor l O O O O O O P P P P P P Commer…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
IB · Milford, MAACTIVITY OR USE RA RB RC RD OR BP CA CB CC IA IB IC RECREATIONAL USES Camping, commercial O O O O O O O O O O O O Camping, supervised O A A A O O O O O O O O Commercial recreation/ Indoor l O O O O O O P P P P P P Commer…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
ACTIVITY OR USE RA RB RC RD OR BP CA CB CC IA IB IC RECREATIONAL USES Camping, commercial O O O O O O O O O O O O Camping, supervised O A A A O O O O O O O O Commercial recreation/ Indoor l O O O O O O P P P P P P Commer…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for IB in Milford, MA.
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