154 Lafayette RdSalisbury, MA 01952

Property Details for 154 Lafayette Rd

Lot size

8.56 AC

Zone code

LM-B

Property type

Commercial land

APN

SALI M:22 P: 151

APU

SALIM22P151

Description

This 7.13-acre parcel of land, located at 154 Lafayette Road in Salisbury, Massachusetts (APN 22-151), is zoned LM-B and offers significant commercial development potential. The property boasts frontage along Route 1 (Lafayette Road) and enjoys convenient access to major highways, including Interstate 95 and 495. Utility tie-ins are available at the street. The predominantly wooded land is well-suited for a variety of commercial uses, as detailed in the Town of Salisbury's "Table of Uses." While a conceptual plan for a proposed use is available, it has not been submitted for permitting. Prospective buyers are encouraged to conduct their own due diligence regarding permitted uses. The seller is willing to adjust lot lines to meet specific buyer needs, and a final approved ANR plan will be recorded before closing. This is the first deed for this parcel, and a Book & Page number will be assigned upon final plan recording at the Registry of Deeds. The asking price is $825,000, representing a price per acre of $115,708. The property is held in trust.

• Alternative Use

  Use

  Valuation

  Residential

  $70,548,344

  Hospitality

  $64,621,900

  Educational

  $53,764,664

  Medical

  $55,613,712

  Retail

  $83,633,920

Location Insight

City

Salisbury

County

Essex

State

Massachusetts

Latitude

42.8614

Longitude

-70.8709

CBSA code

14460

CBSA name

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

Property Tax & Assessments

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