Technical
Financial
Distress signals
Property profile

71 S Main St Freetown, MA 02702

FOR LEASE
Gas stations
Property ID
US38-0539614
6,600 SF 0.79 ac lot Built 1964
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 0.791-acre commercial land parcel presents a prime retail opportunity in Freetown, Massachusetts. Located at 71 S Main Street, this single-tenancy pad site boasts 205 feet of frontage on Route 79 (S. Main Street), offering unparalleled visibility and accessibility. The property benefits from its strategic position at the Route 24 northbound ramp interchange, ensuring high traffic volume and excellent exposure to potential customers. The site is commercially zoned, allowing for a variety of retail uses. A ground lease or build-to-suit option is available, providing flexibility for prospective tenants or developers. The property's location offers significant advantages for businesses seeking high visibility and convenient access for customers. The potential use of an additional lot to the rear could further expand development opportunities. This is an exceptional opportunity to establish a thriving retail presence in a high-traffic area with strong growth potential. The property's address is 71 S Main St, Freetown, MA 02702. The site's coordinates are latitude 41.7863796 and longitude -71.0764724.

Property profile

Verified
Property type Gas stations
Use group SERVICE STATION (FULL SERVICE)
Year built 1964
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,600 SF
Lot 0.79 ac (34,456 SF)
Zoning code B
APN FREE M:215 P:34
UPID US38-0539614

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
  • Car Dealership
  • Construction Company General Contractor

Location

71 S Main St Freetown, MA 02702
Freetown metro Census 617101 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$785k
CAP Approach CAP
by Request
Comparable Approach Comparable
$914k
Blend (final) Blend
$795k

Owner & transaction history

since 2021
Last sale
$600,000
5 recorded transactions
2021
$600,000
2020
$20,000
2010
$14,300
2010
Price N/A
1987
Price N/A

Zoning & alternative use

B · Assonet, 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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