Route 125 AT I-93

41.24 Acres of Commercial Land Offered at $9,300,000 in Wilmington, MA 01887

INVESTMENT HIGHLIGHTS

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

PROPERTY FACTS

Price $9,300,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Mixed Use
Total Lot Size 41.24 AC

1 LOT AVAILABLE

Lot

Price $9,300,000
Price Per AC $225,509.21
Lot Size 41.24 AC

41.24 acres, with 16 acres of developable site, available for purchase in a well-trafficked, high visibility location at the junction of Interstate 93 and Route 125 in Wilmington, MA, 30 minutes from Boston.

DESCRIPTION

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.

PROPERTY TAXES

ZONING

Zoning Code R60 (Highway Industrial)
  • Listing ID: 23889330

  • Date on Market: 8/11/2021

  • Last Updated:

  • Address: Route 125 AT I-93, Wilmington, MA 01887