Belmont Land for Sale

The community was settled in about 1636 and is in Middlesex County. With a population of approximately 24,729 people and a land mass of about 4.65 square miles this area is a nice place to live. The area consists of lowlands, wetlands, lakes, streams, and wooded areas. This is a suburban mostly residential area nick named “Town of Homes”. The city is 8 miles from Boston and has a good transportation system with 2 MBTA rail stations. There are many highways to help people get around the area. Some of these roadways are Route 60 which travels North and South, Route 2, I-95 which is also Route 128, Route 16, Route 3, and Route 20. Some boarding cities include Cambridge, Watertown, Waltham, Lexington, and Arlington.

Click Here to Search

Land for Sale

Reasons to Invest in Property in Belmont

This city has a small town feel with great schools. There are many independently owned shops and restaurants. The residents of this small community are very welcoming to outsiders. Everything in the area is within walking distance and the community is rich with tradition. Those who are looking for property such as land developers, investors, businesses that are looking to expand, sports teams looking to build new stadiums, and people wanting to own their own home will find that vacant property can be a good investment. Many times, these types of property can be purchased with cash and not have to be financed. The property is undeveloped, so it is ready to be developed in any way the owner finds fit. These types of sales are listed by local real estate agencies, banks, auctions, and by private owners. It is important to research the property thoroughly to ensure it will serve your purposes and to make sure the development is able to be completed in that area. An agent who specializes in these types of sales can be a very useful resource person. They can help find the right property for you and ensure the price is fair. They can also help a buyer to navigate the legal requirements of developing the property. It is also important to have the property apprised to determine the actual market value of the property. This will help the buyer make a fair bid, but not be over charged for the development. Vacant Property can be a very good investment as long as the necessary research and plan is done to ensure the entire project goes according to how it is planned.

Types of Developments and Zoning Restrictions

Many cities have zoning codes that regulate what types of developments can be developed in certain areas. This is done to protect the residents and other developments that are already in the area. The following are the most common types of zoning:

1. Aesthetic: This is an area that the city prescribes how structures must look. The homes and business in these areas are designed the same and share the same basic look.
2. Rural: The city has designated these areas for farming and other open land developments. This is an area that has farm animals, farming activity, and recreational parks.
3. Environmental: These areas are protected in order to protect sensitive environmental areas of the city. These areas are meant to stay as natural as possible. This is done to protect wildlife and other environmental sensitive areas of the city.
4. Industrial: This is the location of heavy manufacturing and factories are located. Some of these industries include automotive factories, power plants, and other heavy manufacturing operations.
5. Historical: In these zones the area has significant historical value for the community and need to be protected. This would include structures that have a significant meaning to the city.
6. Residential: This is the area for homes and other dwelling units. The area is designated for apartment complexes, condos, single family homes, and developments that support residential living.
7. Commercial: In these areas is where retail stores, offices, restaurants, theaters, and mixed-use developments take place. These are developments that have residential living and office, or retail space combined.

It is possible in some case to have the zoning of an area changed or get an exemption for certain types of developments that do not fit an area’s zoning rules. This is done by presenting a development plan to the city for their review. The city will look at the plan and determine if it is a good fit for the area. They will want to ensure it dose not interfere with any of the residents or other developments in the area. This process can take some time so its important to remain patent while the process takes place.

For more information please contact us.

Click Here to Search

Land for Sale