1746 BroadwayRaynham, MA 02767

Property Details for 1746 Broadway

Lot size

9.60 AC

Property type

Investment properties

Property subtype

Live-work space

APN

RAYN M:3 B:65 L:0

APU

RAYNM3B65L0

Description

This exceptional 9.6-acre parcel, located at 1746 Broadway in Raynham, Massachusetts (02767), presents a remarkable redevelopment opportunity. Zoned for industrial use, this property offers significant potential for a diverse range of businesses. With 4,800 square feet of existing building space and an asking price of $1,100,000 ($229.17 per square foot), this site is ideally suited for distributors, industrial users, retailers, restaurants, storage facilities, fabrication, assembly, warehousing, manufacturing, processing, wholesale operations, or even specialized uses such as banks, hospitals, nurseries, or educational facilities. Its strategic location provides convenient access to major highways, including Routes 495 and 24, ensuring high visibility and a substantial traffic count. The property's versatility allows for multiple uses permitted by right, making it an attractive investment for developers seeking a flexible and strategically located site in a thriving area. This is a rare opportunity to acquire a significant land holding with exceptional access and development potential in Bristol County. The property is situated in Raynham, MA, offering a strong location for businesses seeking easy access to major transportation routes and a robust local economy.

• CAP approach

  CAP return

  Valuation

  6%

  $69,136,984

  6.5%

  $63,818,756

  7%

  $59,260,272

• Comparable approach

  Method

  Valuation

  Relative Method

  $54,638,876

  Geo Method

  $54,638,876

• Alternative Use

  Use

  Valuation

  Residential

  $79,135,256

  Hospitality

  $72,487,472

  Educational

  $60,308,724

  Medical

  $62,382,832

  Retail

  $93,813,568

Location Insight

City

Raynham

County

Bristol

State

Massachusetts

Latitude

41.9749

Longitude

-71.0714

CBSA code

39300

CBSA name

PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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