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    OFF-MARKET
    Parking lots & garages

    44 Park St, Attleboro, MA 02703

    0.38 ac lot
    Entity Owned 8-yr Hold ~ Est. High Equity
    Property ID
    US38-1056609
    Property summary
    AI-generated overview

    This exceptional 0.7-acre parcel, located at 44 Park Street in Attleboro, Massachusetts, presents a compelling development opportunity. Situated in a revitalizing area, this property offers unparalleled access to the commuter rail, providing a swift 40-minute commute to Boston. The site's zoning allows for the potential construction of a multi-family residential building exceeding 100 units, with the possibility of incorporating subterranean parking. This development opportunity is enhanced by Attleboro's vibrant city lifestyle, featuring a walkable environment with numerous restaurants, shops, parks, and cultural attractions. The property's convenient location provides easy access to major interstate highways, facilitating quick commutes to both Providence and Boston. This offering is a package deal, including the adjacent properties at 19-21 Park Street. The asking price for this combined parcel is $1,250,000. This represents a unique chance to capitalize on the growing demand for housing in a desirable and well-connected Massachusetts city. The property is located in Bristol County, zip code 02703, and boasts a prime location within walking distance of numerous amenities. This is a rare opportunity to acquire a substantial land parcel with significant development potential in a thriving urban setting.

    Property profile
    Verified
    Property type Parking lots & garages
    Use group PARKING LOT
    Lot 0.38 ac (16,588 SF)
    APN ATTL M:28 L:21
    UPID US38-1056609
    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
    21 Park Street LLC · 8 yrs held
    21 Park Street LLC
    since 2017
    5 recorded transactions
    2017
    $175,000
    2010
    1998
    1998
    $160,000
    1997
    $125,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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