382 Kingstown WayDuxbury, MA 02332

  • Retail space
  • 1,985 SF
For Sale
$1,695,000 View listing

Property Details for 382 Kingstown Way

Year built
1977
Lot size
0.35 AC
Property size (Sq ft)
1,985 SF
Zone code
NB
Property type
Retail space
APN
DUXB M:045 B:721 L:003
APU
DUXBM045B721L003

Description

This exceptional offering presents a rare opportunity to acquire a highly desirable .7-acre mixed-use parcel situated on Route 53 in Duxbury, MA. The property, encompassing two contiguous lots (this listing and the adjacent 0 Kingstown Way, MLS#73298551), boasts a combined frontage of 221.20 feet along the heavily trafficked Route 53. Each individual lot measures 0.35 acres, totaling 0.7 acres when combined. The NB-1 (Neighborhood Business) zoning designation unlocks a diverse range of development possibilities. Prospective buyers are encouraged to review the comprehensive table of permitted uses available on the Duxbury town website to fully explore the potential applications for this strategically located property. The high visibility and convenient access to Route 53 make this an ideal location for a variety of commercial ventures. This is a unique chance to secure a substantial land holding in a thriving Duxbury business district. The combined acreage and significant road frontage offer exceptional flexibility for future development plans. Don't miss this chance to acquire a prime piece of Duxbury real estate.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $482,424
    6.5%
    $445,315
    7%
    $413,507
  • Comparable approach

    Method
    Valuation
    Relative Method
    $653,587
    Geo Method
    $653,587
  • Alternative Use

    Use
    Valuation
    Residential
    $375,640
    Hospitality
    $344,084
    Educational
    $286,274
    Medical
    $296,119
    Retail
    $445,315

Location Insight

City
Duxbury
County
Plymouth
State
Massachusetts
Latitude
42.0336
Longitude
-70.7406
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$5,586
$363,100
$192,200
$555,300
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-
-
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