Property profile

4 Main St Townsend, MA 01469

OFF-MARKET
Commercial land
Property ID
US38-1881039
1.2 ac lot
Entity Owned 9-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 3.3-acre development site presents a unique opportunity for commercial investment in Townsend, Massachusetts. Located on heavily trafficked Main Street, this parcel boasts an Outlying Commercial zoning designation, ideal for a variety of retail uses, including those with drive-thru capabilities. Its strategic location directly across from the new North Middlesex Regional High School, at the Groton/Townsend town line, ensures high visibility and accessibility. The property benefits from a strong surrounding commercial presence, including established businesses such as Hannaford Supermarket, Planet Fitness, Walgreens, Dunkin' Donuts, and McDonald's. A robust market exists, with over 28,315 residents within a five-mile radius, exhibiting an average household income of $91,761. This presents a compelling demographic profile for retail ventures. The seller is open to exploring various transaction structures, including outright sale, land lease, or build-to-suit options, providing flexibility for potential buyers or developers. This prime location and versatile options make this 3.3-acre parcel an exceptional investment opportunity in a thriving community. The property's address is 4 Main Street, Townsend, MA 01469, Middlesex County.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.2 ac (52,272 SF)
Zoning code OCD
APN TOWN M:0041 B:0002 L:0000
UPID US38-1881039

Cap rate & NOI

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

Location

4 Main St Townsend, MA 01469-1357
Townsend metro Census 301102 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$215k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

Owner & transaction history

since 2017
6 recorded transactions
2017
Price N/A
2016
Price N/A
2014
$6.3M
2004
Price N/A
1987
Price N/A
1987
$135,000

Zoning & alternative use

OCD · Townsend, MA
Zoning description

Outlying Commercial District (OCD). [Added 1-17-1989 STM by Art. 30] A. Purpose. The Outlying Commercial District is designed to accommodate the widest range of permitted commercial activities. B. OCD permitted uses: (1)…

General category COMMERCIAL

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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