Technical
Financial
Distress signals
Property profile

483 Thurston St Wrentham, MA 02093

FOR SALE
Commercial land
Property ID
US38-1904976
6.82 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 6.82-acre commercial land parcel presents a remarkable opportunity for developers seeking a strategic location in Wrentham, Massachusetts. Situated at 483 Thurston St, this property boasts significant frontage on two major roadways: approximately 196 feet on Route 1 and 652 feet on Thurston Street, offering excellent visibility and accessibility. The lot also features approximately 145 feet of curvature along Thurston Street, adding to its unique character and potential development options. The property enjoys a southern exposure, benefiting from ample sunlight. Essential utilities, including water and electricity, are readily available on the street. A comprehensive environmental engineering report has confirmed the absence of ledge, simplifying site preparation and construction. This prime location in Norfolk County, with its 02093 zip code, offers easy access to major transportation routes and a thriving local economy. The asking price for this exceptional development opportunity is $3,295,000. All interested parties are responsible for conducting their own due diligence.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 6.82 ac (297,059 SF)
Zoning code C-2 80
APN WREN M:O-07 B:05 L:02
UPID US38-1904976

Cap rate & NOI

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

Location

483 Thurston St Wrentham, MA 02093
Wrentham metro Census 441203 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$405k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$405k

Owner & transaction history

Zoning & alternative use

C-2 80 · Wrentham, MA

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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