315 Littleton RdChelmsford, MA 01824

Property Details for 315 Littleton Rd

Year built

1982

Construction

FRAME

Lot size

1.21 AC

Property size (Sq ft)

10,540 SF

Zone code

CB

Property type

Office buildings

APN

CHEL M:0099 B:0403 L:22

APU

CHELM0099B0403L22

Description

This exceptional 1.21-acre parcel of land presents a unique investment opportunity in the thriving Chelmsford, MA market. Located at 315 Littleton Road, this property offers significant potential for a variety of commercial developments. The expansive acreage provides ample space for construction, allowing for flexibility in design and functionality. Its strategic location within Chelmsford offers excellent access to major transportation routes, ensuring convenient connectivity for businesses and employees. The property's zoning and permitted uses should be independently verified to ensure alignment with any prospective development plans. Given its size and prime location, this land is ideally suited for a range of commercial ventures, from light industrial facilities to warehousing and distribution centers. The asking price of $2,500,000 reflects the significant value and potential of this exceptional property. Serious inquiries are encouraged to explore the possibilities and secure this remarkable opportunity to establish a presence in a dynamic and growing market. Prospective buyers are advised to conduct their own due diligence regarding zoning regulations, environmental assessments, and any other relevant factors before making an offer. This is a rare opportunity to acquire a substantial land parcel in a highly desirable location. The property's size and location make it an attractive investment for developers and businesses seeking to expand their operations in the Chelmsford area. Further details regarding the property's specifics are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $1,742,577

  6.5%

  $1,608,532

  7%

  $1,493,637

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,377,156

  Geo Method

  $1,377,156

• Alternative Use

  Use

  Valuation

  Residential

  $1,994,580

  Hospitality

  $1,827,025

  Educational

  $1,520,063

  Medical

  $1,572,340

  Retail

  $2,364,543

Location Insight

City

Chelmsford

County

Middlesex

State

Massachusetts

Latitude

42.5813

Longitude

-71.3918

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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