Lowell, Massachusetts, offers a unique opportunity for investors to tap into the city's rich history and cultural heritage through Commercial Land For Sale. With 1 available listings, Commercial Land in Lowell presents a diverse range of investment opportunities. These properties can represent a variety of investments, from retail and office spaces to industrial and mixed-use developments. Lowell's strategic location, with its proximity to major transportation hubs and educational institutions, makes it an attractive destination for businesses and residents alike. The city's amenities, including Lowell General Hospital and Saints Medical Center, Lowell National Historical Park, and Lowell Telecommunication Corporation (LTC), provide a strong foundation for economic growth. Additionally, Lowell's educational institutions, such as University of Massachusetts Lowell and Middlesex Community College, contribute to the city's cultural and intellectual landscape. With its unique blend of history, culture, and innovation, Lowell is an ideal location for businesses and investors looking to establish a strong presence in the region.
Commercial Land in Lowell is situated in a city that has undergone significant revitalization efforts, focusing on cultural development and urban renewal. The city's infrastructure, including the Lowell Regional Transit Authority (LRTA) and the Lowell National Historical Park, provides a solid foundation for growth and development. With no other property types available in Lowell, Commercial Land For Sale presents a unique opportunity for investors to tap into the city's potential. The average price per square foot for Commercial Land in Lowell is $200 USD, with an average size of 6,476 square feet and a largest size of 6,476 square feet. The average cap rate for Commercial Land in Lowell is. With its rich history, cultural attractions, and strong economic foundation, Lowell is an attractive destination for businesses and investors looking to establish a presence in the region.
What are common commercial uses for land in the Lowell market?
In the Lowell market, common commercial uses for land include healthcare facilities, law enforcement offices, and technology innovation centers, given the city's strong presence of healthcare providers, law enforcement agencies, and technology companies. Additionally, commercial land in Lowell is also often used for banking and financial institutions, educational facilities, and cultural attractions, such as museums and performance venues, which cater to the city's diverse population and economic landscape.
What are common ways to purchase land to use in development projects?
When it comes to purchasing land for development projects in Lowell, Massachusetts, there are several common ways to do so. For instance, investors can buy land directly from a seller, work with a real estate agent or broker, or explore online marketplaces like LoopNet, which offers a comprehensive guide on how to buy land and provides valuable insights on whether buying land is a good investment.
