Route 125 AT I-93 - Commercial LAND FOR SALE


Wilmington, MA 01887 1,796,414 SF
$9,300,000 USD
949-640-0801
Route 125 AT I-93, Wilmington, MA for Sale
$9,300,000 USD
Commercial LAND - FOR SALE
1/3
1,796,414 SF

Route 125 AT I-93
Wilmington, MA 01887


HIGHLIGHTS

  • The land has a development site of approximately 8 contiguous acres.
  • Adjacent to several million square feet of office, industrial, R&D, and residential space.
  • Located in Boston’s Technology Corridor, Route 128/I-93 with ample I-93 frontage and high visibility.

OVERVIEW

Golden Opportunity to acquire 41.24 acres of undeveloped land located in Boston’s heavily traveled Technology Corridor at I-93/ Route 125. The offering consists of five parcels of land located east of Interstate 93 Northbound, Exit 41 off-ramp and south of Ballardvale Street (Route 125) in Wilmington, Massachusetts and has ample frontage to I-93. Property features 16.3 acres of developable upland and a contiguous 9 acres of developable upland along I-93 and Rte 125 frontage. Property is ideally situated between residential and commercial zones. The size and location make it ideal for many uses such as: • Residential subdivision • Mixed-use development • Multifamily • Education • Last-mile distribution facility The land is adjacent to several million square feet of office, industrial, R&D, and residential space. It is right across the street from a new 138,500 SF Target and retail center in the Ballardvale Street Business District and the 550,000 SF Ballardvale Office Park home to Osram Sylvania’s 125,000 SF new, regional headquarters. 15 miles north of Boston, Wilmington is known as a hub for industry-leading tech and manufacturing companies. The town of Wilmington is a strong Demographic Area with an Average HH Income of $122,813, median age of 41.4, and Median Home value of $473,800. The development will service the office and industrial business population and residents in the immediate area as well as the strong middle-to-high income communities of Andover, Wilmington, Reading, North Andover, North Reading, and Tewksbury.

FOR SALE DETAILS

PRICE

$9,300,000 USD

PRICE/ACRE

$225,509/AC

PRICE/SF

$5 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Mixed Use

LAND ACRES

41.24 AC

LAND SF

1,796,414 SF

OFFSITE IMPROVEMENTS

-

ZONING

R60

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Alex StevensonSurlamer InvestmentsMore Info
949-640-0801

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Alex StevensonSurlamer InvestmentsMore Info
949-640-0801

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.