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Lindberg Avenue - Lot 126CM Lindberg Avenue, Methuen, MA

16.28 Acres of Industrial Land Offered at $4,214,040 CAD in Methuen, MA 01844

Investment Highlights

  • Almost 500 feet of frontage on Interstate I-93
  • Great visibility from highway
  • Utilities at site
  • Short distance from highway exit
  • Potential for billboard
  • Near Interstate I-495 exchange

Executive Summary

Offering Memorandum attached below in Data Room.
ORAD and conceptuals attached below.

Data Room Click Here to Access

Property Facts

Price $4,214,040 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Industrial
  • Office
  • Mixed Use
  • Distribution
  • Medical
  • Research and Development
  • Warehouse
Total Lot Size 16.28 AC

1 Lot Available

Lot 126CN

Price $4,214,040 CAD
Price Per AC $258,848 CAD
Lot Size 16.28 AC

16.28 ACRES OF INDUSTRIAL LAND with 476’ of frontage along Rte. 93 LOCATED DIRECTLY OFF INTERSTATE 93 @ EXIT 45 SEE THIS PROPERTY WEBSITE AND VIDEO AT: LindbergAve.com

Description

Investment Overview: Land and Sea Real Estate Inc. is pleased to offer for sale Lot 126CM Lindberg Avenue, a 16.28 acre site located in Methuen Massachusetts (“the Site”) with 496' of frontage on Interstate 93. Zoned “by-right” for industrial use, The Site presents the unique opportunity to potentially develop over 66,000 SF of Class A industrial space (concept plans attached) within the increasingly supply-constrained industrial market north of Boston. Located directly off Interstate 93 at Exit 45 and just 0.9 mile from the highway, The Site is truly an established distribution location with major corporate neighbors. The Site provides regional access to southern New Hampshire and all of greater Boston’s primary highway systems and major population centers north of the city, and is located approximately 28 miles north of Boston. The site is being offered “as is” and clear of debt. Industrial property is the most sought after asset class in the market. Lot 126CM Lindberg Avenue offers a prime location with incredible future upside in the extremely tight suburbs north of Boston. Highlights: - 16.28 ACRES OF INDUSTRIAL LAND (11.22 ACRES UPLAND) - 476’ OF LOT FRONTAGE ALONG INTERSTATE ROUTE 93 - POTENTIAL FOR HIGHWAY VISIBLE BILLBOARD; SUBJECT TO BILLBOARD SPECIAL PERMIT - CONCEPT PLANS FOR LEADING MARKET DEMANDS - UNMATCHED REGIONAL ACCESSIBILITY - PROVEN LOCATION WITH MAJOR CORPORATE NEIGHBORS - LOCATED 0.9 Mi. FROM INTERSTATE 93 AND 3 Mi. FROM INTERSTATE 495 - MUNICIPAL WATER (12") & SEWER (8") ON SITE

zoning

Zoning Code IL
IL
  • Listing ID: 24338213

  • Date on Market: 2021-10-21

  • Last Updated:

  • Address: Lindberg Avenue, Methuen, MA 01844

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