95 Terrace Hall AveBurlington, MA 01803
- Office properties
- 6,500 SF
Property Details for 95 Terrace Hall Ave
- Year built
- 1960
- Construction
- STEEL FRAME
- Lot size
- 0.25 AC
- Property size (Sq ft)
- 6,500 SF
- Zone code
- IG
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- BURL M:000033 P:000077
- APU
- BURLM000033P000077
Description
This exceptional commercial property, located at 95 Terrace Hall Avenue in Burlington, Massachusetts, presents a unique opportunity for developers and investors. The 0.25-acre lot offers significant potential for a variety of commercial ventures. Its strategic location within Burlington provides easy access to major transportation routes, ensuring convenient commutes for employees and clients alike. The property's zoning regulations should be independently verified to determine allowable uses. The asking price is $1. This represents a compelling investment opportunity given the property's size and location in a thriving market. Serious inquiries are encouraged to explore the possibilities this land parcel offers. Due diligence is recommended to confirm all aspects of the property, including but not limited to zoning, utilities, and environmental conditions. The absence of a listed square footage indicates the land is primarily undeveloped, offering a blank canvas for a custom-designed commercial project. Prospective buyers are advised to conduct thorough site inspections and engage appropriate professionals to assess the feasibility of their intended development plans. This property is being sold "as is."
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,074,644
- 6.5%
- $991,979
- 7%
- $921,124
-
Comparable approach
- Method
- Valuation
- Relative Method
- $849,290
- Geo Method
- $849,290
-
Alternative Use
- Use
- Valuation
- Residential
- $1,230,054
- Hospitality
- $1,126,723
- Educational
- $937,420
- Medical
- $969,660
- Retail
- $1,458,210
Location Insight
- City
- Burlington
- County
- Middlesex
- State
- Massachusetts
- Latitude
- 42.4967
- Longitude
- -71.2244
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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