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Property profile & analytics
OFF-MARKET
Land

47 Stowe Rd Millbury, MA 01527

Property ID
US38-1231677
Property summary
AI-generated overview

This exceptional ±29-acre property, located at 47 Stowe Road in West Millbury, Massachusetts, presents a unique opportunity for residential development. Situated in a tranquil country setting, the land boasts beautiful surroundings and picturesque views. The existing zoning and lot size regulations may allow for the creation of approximately 14-15 single-family home lots, making this an ideal site for a new subdivision. The property's peaceful atmosphere is complemented by its strategic location, offering convenient access to major transportation arteries. These include Routes 20 and 146, as well as Interstates 290, 395, and the Massachusetts Turnpike (Mass Pike). This combination of serene surroundings and excellent accessibility makes 47 Stowe Road a highly desirable location for residential development. The asking price for this expansive parcel is $1,600,000. Detailed information regarding zoning regulations and potential development plans is available upon request. This is a rare opportunity to acquire a substantial land parcel with significant development potential in a highly sought-after area of Massachusetts. The property is classified as residential land and is located in Worcester County, with a zip code of 01527. The coordinates are 42.181386 latitude and -71.8107799 longitude.

Property profile
Verified
Property type Land
UPID US38-1231677
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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