Property profile

8 Cranberry Hwy West Wareham, MA 02576

OFF-MARKET
Gas stations
Property ID
US38-0494442
3,600 SF 1.3 ac lot Built 2016
Entity Owned 13-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

Rochester Crossroads offers exceptional commercial pad sites for sale or lease, ideal for retail or office use. Located at the intersection of Routes 28 & 58, directly off I-495 (exit 2), this development boasts high visibility and convenient access. The property is part of a thriving mixed-use community, including a 208-unit residential apartment complex, ensuring a built-in customer base. Seven pad sites are available, ranging from one to three acres, providing flexibility for various development needs. Zoned for general commercial use, allowing for restaurants, retail establishments, or office spaces. Ample parking is available, and drive-thru options are possible. High-impact signage opportunities exist along I-495, Routes 28, and 58, maximizing brand visibility. This prime location in Rochester, Massachusetts, presents a unique opportunity for businesses seeking high-traffic exposure and a strong community presence. The sites are available for build-to-suit options, allowing for customized development to meet specific business requirements. This is a rare chance to establish a presence in a rapidly growing area with excellent infrastructure and accessibility. Don't miss this opportunity to secure your ideal location within this dynamic mixed-use development.

Property profile

Verified
Property type Gas stations
Use group SERVICE STATION (FULL SERVICE)
Year built 2016
Construction STEEL FRAME
Total area 3,600 SF
Lot 1.3 ac (56,628 SF)
Zoning code GC
APN ROCH M:17 L:41-D
UPID US38-0494442

Cap rate & NOI

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

Location

8 Cranberry Hwy West Wareham, MA 02576-1505
West Wareham metro Census 541100 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
$727k
Blend (final) Blend
$525k

Owner & transaction history

since 2013
5 recorded transactions
2013
Price N/A
1993
Price N/A
1987
Price N/A
1987
Price N/A
1969
Price N/A

Zoning & alternative use

GC · West Wareham, 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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