95 Terrace Hall AveBurlington, MA 01803

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 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."

• 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

FAQs

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