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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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