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1148 Davol St - IDEAL FOR RESIDENTIAL DEVELOPMENT PROPERTY
3.2 Acres of Commercial Land Offered at $5,500,000 in Fall River, MA 02720
Investment Highlights
- Unique opportunity to develop residential waterview property
- Located within minutes of MBTA station, local restaurants, waterfront, and Battleship Cove
- Previously approved for 200 Residential Unites
- Offering easy access to Route 79, 24, and Interstates 195
Property Facts
| Price | $5,500,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 3.20 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $5,500,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 3.20 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $5,500,000 | Lot Size | 3.20 AC |
| Price Per AC | $1,718,750 |
| Price | $5,500,000 |
| Price Per AC | $1,718,750 |
| Lot Size | 3.20 AC |
A portion of the lot is potentially in the flood plain.
Description
ATTENTION INVESTORS, DEVELOPERS, AND BUSINESS OWNERS! NOW IS THE TIME TO CAPITALIZE ON THIS PRIME 3+ ACRE, WATERVIEW REDEVELOPMENT OPPORTUNITY LOCATED IN THE CENTER OF FALL RIVER’S BOOMING MARKET! PROPERTY, PREVIOUSLY APPROVED FOR 200 RESIDENTIAL UNITS, IS WALKING DISTANCE TO THE MBTA COMMUTER RAIL, RESTAURANTS, THE CAROUSEL, BATTLESHIP COVE, AND THE BOARDWALK. CURRENTLY THE PROPERTY HAS 2 ACTIVE BUSINESS’S, 3 BUILDINGS, AND OVER 200 PARKING SPACES. THE OPPORTUNITIES ARE LIMITLESS!
PROPERTY TAXES
| Parcel Number | FALL-000022S-000000-000006 | Improvements Assessment | $946,300 |
| Land Assessment | $224,700 | Total Assessment | $1,171,000 |
PROPERTY TAXES
zoning
| Zoning Code | WTOD |
| WTOD |
Presented by
1148 Davol St - IDEAL FOR RESIDENTIAL DEVELOPMENT PROPERTY
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