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    OFF-MARKET
    Commercial real estate

    32 Pleasant Hl Ln, Barnstable, MA 02601

    3.34 ac lot
    Property ID
    US38-1471264
    Property summary
    AI-generated overview

    This exceptional 3.34-acre property in Barnstable, Massachusetts, presents a lucrative investment opportunity. Currently zoned to allow for the construction of up to 24 apartment units or condominiums, this land offers significant potential for substantial returns. Located at 32 Pleasant Hill Ln, Barnstable, MA 02601 (41.651983, -70.2952509), the site is ideally situated within Barnstable County. The asking price for this multifamily development opportunity is $1,200,000. The property is being offered for sale by owner, providing a direct path to acquisition. This represents a unique chance to develop a significant residential project in a desirable location. The existing zoning allows for considerable flexibility in design and unit configuration, catering to a range of potential renters or buyers. Given the land size and zoning, this property is well-suited for both experienced developers and those seeking a high-yield investment. The location in Barnstable offers access to local amenities and attractions, making it an attractive proposition for future residents. Serious inquiries are encouraged to explore the full potential of this remarkable development opportunity. This is a for-sale-by-owner listing, offering a streamlined acquisition process. The property's potential for high occupancy rates and strong rental income makes it a compelling investment in the thriving Massachusetts real estate market.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 3.34 ac (145,490 SF)
    UPID US38-1471264
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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