Technical
Financial
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Property profile

524 Main St Acton, MA 01720

OFF-MARKET
Office buildings
Property ID
US38-0959875
8,994 SF 7.51 ac lot Built 1986
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 4.23-acre parcel at 524 Main Street in Acton, Massachusetts, presents a unique investment opportunity. Located in Middlesex County, zip code 01720, this property boasts prime visibility with direct frontage on Main Street. Currently zoned Light Industrial (LI-1), the land offers considerable flexibility for various uses, including warehouse, manufacturing, office, and healthcare facilities. The zoning designation also allows for the potential development of a 40B planned residential project, subject to obtaining the necessary special permits. This presents a compelling opportunity to capitalize on the growing demand for both commercial and residential spaces in the Acton area. The site's strategic location provides excellent access to major transportation arteries, including Route 2 and I-495, ensuring convenient connectivity for both employees and residents. With its substantial size, versatile zoning, and advantageous location, this property is ideally suited for developers, investors, or end-users seeking a high-impact development project in a thriving Massachusetts community. The coordinates are 42.4836453 latitude and -71.4418101 longitude. This is a rare chance to acquire a significant land parcel in a desirable location with multiple development possibilities.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1986
Construction FRAME
Total area 8,994 SF
Lot 7.51 ac (327,136 SF)
APN ACTO M:00E4 B:0024 L:0000
UPID US38-0959875

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Physician
  • Charitable Organization Social Service Agency
  • (Bike/Boat/Book/etc) Store Corporate Office

Location

524 Main St Acton, MA 01720-3301
Acton metro Census 363103 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.20M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.41M
Blend (final) Blend
$1.25M

Owner & transaction history

since 2023
Last sale
$1.4M
3 recorded transactions
2023
$1.4M
2001
Price N/A
1999
$690,000

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $2.1M +86.4%
Industrial (general) $1.4M +24.2%

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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