471 Great Rd Acton, MA 01720
- Retail properties
- 1,428 SF
- 0.75 lot acres
Current Use by Public Records
- Retail properties
Property Details for 471 Great Rd
- Year built
- 1920
- Construction
- FRAME
- Lot size
- 0.75 lot acres
- Property size
- 1,428 SF
- Property type
- Retail properties
- APN
- ACTO M:00C4 B:0019 L:0001
- APU
- ACTOM00C4B0019L0001
Description
This exceptional 0.91-acre commercial land parcel, located at 471 Great Rd in Acton, Massachusetts, presents a unique investment opportunity. The property boasts a total land area of 1,568 square feet and is zoned for commercial use. Its strategic location on a main street in Acton offers high visibility and attractive vehicular traffic, making it ideal for a variety of retail businesses. The property's versatility extends beyond retail, however. Its design incorporates a blend of service/contractor space and ample outdoor storage/parking areas, catering to businesses requiring both indoor and outdoor operational space. This hybrid functionality makes it suitable for a wide range of commercial enterprises. The single-tenant configuration offers simplicity and control. Situated in Middlesex County, with a zip code of 01720, this property provides easy access to major transportation routes and a thriving local community. The property's size and location make it an attractive proposition for businesses seeking a prominent presence in a desirable Acton market. This is a rare opportunity to acquire a versatile commercial property with significant potential for growth and return on investment.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $330,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $395,000
- 6.5%
- $445,000
- 7%
- $425,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $435,000
- Geo Method
- $405,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $415,000
- Retail
- $355,000
- Mixed-Use
- $395,000
- Hospitality
- $330,000
- Educational
- $440,000
- Residential Income
- $410,000
- Energy
- $435,000
- Income-Based Land
- $425,000
- Food Service
- $445,000
Location Insight
- Map
- Local Demand
- City
- Acton
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.4255
- Latitude
- 42.5143
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA