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429 Whitney St 15.5 Acres of Commercial Land Offered at $3,768,984 CAD in Northborough, MA 01532

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EXECUTIVE SUMMARY

This property's best development scenario: 
Industrial Zoned, By-Right allows for a Trans Railroad Loading Depot:
This 15.721 acre parcel is zoned Industrial and its use as a Rail Trans-Loading Complex is "By-Right" per the town of Northborough.  In addition CSX has/is in process of upgrading the rail line from Worcester to better serve their recent acquisition of the Pan-Am Railroad to the north to connect with Devens Commerce Center.
Located less than one mile from I-290 interchange that is 1.1 miles from I-495, this site meets all the criteria for this use.  See plan that allows for up to 14 cars on site.
The town is at 10.2% Affordable #.
A development could include any of the following or a combination of housing types noted. Sr Housing, Market Rate with a percent affordable, Work Force, Cottage Housing now approved 500-1,200 SF on a min lot of 5,000 SF. Single family, multi-family  
It is noted that the property is currently in a 61A Agricultural status.   
Contact Us:
Duncan @ 978-621-1290
Raj @ 978-467-7170
Robert @ 978-860-7173

PROPERTY FACTS

Price $3,768,984 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial Park
  • Self Storage
  • Warehouse
Total Lot Size 15.50 AC
Zoning 61A

1 LOT AVAILABLE

Lot

Price $3,768,984 CAD
Price Per AC $243,160.26 CAD
Lot Size 15.50 AC

This 15.721 acre parcel is zoned Industrial and its use as a Rail Trans-Loading Complex is "By-Right" per the town of Northborough.

DESCRIPTION

Industrial Long Term Ground Lease  Well located industrial zoned private 15.8 acre property in MetroWest.  One mile off of an interchange from Interstate I-290 near I-495, I-90 and I-190. Town Sewer & Water N-Grid Three phase service   This parcel has approx 13+ acres usable acreage. Options include and not limited to Climate Controlled Self Storage, CSX Railroad TransLoading Center, Outside Storage and Vehicle Parking         Base rental rate $20,000/mo NNN

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
NBOR-000150-000000-000009
Land Assessment
$7,231 CAD
Improvements Assessment
$0 CAD
Total Assessment
$7,231 CAD
  • Listing ID: 33040988

  • Date on Market: 2024-09-03

  • Last Updated:

  • Address: 429 Whitney St, Northborough, MA 01532

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