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    Property profile & analytics
    OFF-MARKET
    Commercial land

    399 Washington St, Woburn, MA 01801-2116

    5.63 ac lot
    Entity Owned 16-yr Hold ~ Est. High Equity
    Property ID
    US38-0225481
    Property summary
    AI-generated overview

    This exceptional 5.22-acre commercial land parcel presents a unique investment opportunity in Woburn, Massachusetts. Strategically located at 399 Washington Street, this property boasts unparalleled visibility and accessibility. Its prime location directly adjacent to the I-95/I-93 interchange, the busiest in New England with approximately 300,000 vehicles daily, ensures significant exposure to a massive potential customer base. The property also benefits from excellent visibility from I-95 and the heavily trafficked Washington Street. A short 12-minute commute to downtown Boston (during off-peak hours) adds to its appeal. Woburn's robust daytime population and strong residential base create a thriving market for commercial ventures. The property is zoned B-1 Business Interstate, offering flexibility for a variety of commercial uses. Convenient access to essential utilities, including natural gas, town sewer, and water, is readily available. This is an exceptional opportunity to acquire a highly visible and accessible commercial land parcel in a prime location with significant growth potential. The single-tenant zoning allows for focused development and streamlined operations.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 5.63 ac (245,243 SF)
    Zoning code B-I
    APN WOBU M:26 B:04 L:04 U:00
    UPID US38-0225481
    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
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    by Request
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    Owner & transaction history
    399 Washington LLC · 16 yrs held
    399 Washington LLC
    since 2010
    6 recorded transactions
    2010
    $5.3M
    2009
    2009
    2007
    $3.1M
    2005
    $3.0M
    2005
    Zoning & alternative use
    B-I · Woburn, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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