Ayer Land for Sale
Thirty-five miles northwest of Boston rests this small welcoming commercial town. Found within the boundaries of Middlesex county and bordered by the cities of Shirly, Groton, Littleton, and Harvard. It encompasses 9.5 square miles of territory including wooded grounds, wetlands, water area and gently sloped hills. The town was settled in 1668 and has grown to a population of 7,427 people. The city bolsters a busy commercial center with several rail lines for transporting goods and services. Commuters will find easy access to I-495 and State Route 2 for those that want to work in the city. A commuter rail service is also available for use, carrying residents to and from Boston.
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Land for Sale
Reasons to Invest in Property in Ayer
A beautiful community with lots of history. There are many historic districts to take up residence and visit. A family friendly town featuring excellent schools present a great place to raise a family. The town provides many chances to get together with other residents promoting a sense of safety and peace of mind. A quaint downtown area this town provides places to live, learn, and enjoy time with friends and family.
Families will find an opportunity to own their personal property and build a home that bears their character. Investors and land developers will also realize an opening to profit from parcels in the area. This can be done by developing the building and renting providing a monthly flow of income or by improving and selling for a profit. Others that may find advantages to owning property are farmers who can plant and produce food for consumption. It can also aid ranchers in providing the space they need to raise livestock. Cash buyers will find it a benefit over being required to attain a loan.
There are several benefits to owning property. One such advantage is there are no immediate renovations or repairs that are required. Owners of acreage are usually motivated to sell which leads to the ability to negotiate and possibly purchase at a lower price. The lot may have a seller financing eliminating the necessity for a bank or lending institution. The buyers also can use the property how they want leaving the options open. One main advantage to the purchase of property is that there is less competition with most people wanting an already developed home or commercial building. The vacant property can also serve as a tangible asset. There are fewer and cheaper expenses with empty lots than compared to lots that have been developed and are in need of restoration.
Types of Developments and Zoning Restrictions
Residential lots allow for the creation of single and multiple family housing units. These developments will provide a dwelling for those that want to work and live in the same area. Another development that can be built in this zone is the mobile home community. Housing can be encompassed within a subdivision or in individual lots. Other buildings that can be built within the residential zones are nursing homes, day care centers, and hotels.
Industrial zoning is can be used for manufacturing plants and warehousing. One way to use the empty lot is for greenhouses for growing of plants and food. This can include warehouses and manufacturing facilities. The acreage also supplies a place to store heavy equipment that is not currently being used. This type of property can also be beneficial for production structures such as power and water. Additional structures that can be developed on the property are pet kennels, railroad yards, and truck yards.
The commercial acreage can be used in a variety of ways. Shopping centers can be constructed allowing for residents and visitors to purchase items that they need for want and generate economic revenue. The vacant parcels in this zone can also provide a place for a bank that will handle financial transactions. Other types of structures that can be built are restaurants, car dealerships, and self-storage facilities.
Examples of Potential Property Costs
- A cleared residential lot in town featuring approximately .24 acres may sell for roughly $85,000.
- Residential wooded acreage close to water with roughly .26 acres could retail for around $110,000.
- Property featuring woods and zoned for residential usage, in close proximity to the road and nearly .55 acres might market for near $125,000.
The vacant lots and parcels in the town can provide a way to generate income for the investors. A private home will provide the owner with a sense of safety and security and a place where they put in their heart, time, and effort to call perfect. There are many possibilities that await those that desire to call this community home. The town where residents can both live and work within the same city.
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Land for Sale