This exceptional 16-acre parcel at 287 Elm Street in Marlborough, Massachusetts, presents a rare opportunity for industrial development. Located in Middlesex County, zip code 01752, this property is zoned LI (light industrial) and A3, offering significant flexibility for various industrial uses. The expansive lot size allows for the construction of an industrial building up to approximately 70,000 square feet, catering to a wide range of potential projects. Its strategic location offers convenient access to major transportation arteries, including Interstate 495, ensuring seamless logistics and connectivity. The site benefits from readily available utilities, including gas, electric, and sewer services, simplifying the development process and minimizing upfront infrastructure costs. This prime location, combined with the substantial acreage and favorable zoning, makes this an exceptional investment opportunity for developers seeking to capitalize on the growing demand for industrial space in the Marlborough area. The property's potential for significant return on investment, coupled with its convenient access to major roadways and essential utilities, makes it an attractive proposition for discerning investors and developers. This is a unique chance to acquire a large, well-situated industrial land parcel ready for immediate development.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$99,743,392
Hospitality
$91,364,416
Educational
$76,014,120
Medical
$78,628,360
Retail
$118,244,184
Location Insight
City
Marlborough
County
Middlesex
State
Massachusetts
Latitude
42.3506
Longitude
-71.5708
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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