Burlington Land for Sale
The city of Burlington is located in Middlesex County Massachusetts. Settled in 1641 the town has grown to a population of roughly 24,985 people. The 11.9 acres of territory are made up of open spaces, conservation land, forests, hills, and sloping deltas. Travelers and commuters will find access to many modes of transportation. Interstate I-95, Route 3 and Route 93 are all accessible for those that drive. The MBTA commuter rail system and LRTA bus lines both have stops providing residents a way to get around without the need to drive. A mere 18 miles northwest is the city of Boston, Lowell can be found 12 miles to the south, and resting 36 miles southeast is the town of Fitchburg. Bordering cities and towns consist of Bedford, Billerica, Wilmington, Woburn, and Lexington.
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Reasons to Invest in Property in Burlington
A family friendly community with lots of activities to explore and appreciate. Parents can discover the various learning opportunities available to their children at the local schools. The town is full of history with museums and monuments. Physical endeavors can also be experienced through the hiking and mountain biking trails through the wilderness where wildlife can be viewed. Outdoor adventures continue at the community parks where an afternoon or evening picnic presents a chance to spend time with family and friends. Playgrounds can be found at the parks and allow time for children to run and play while adults rest.
Empty plots are available for purchase and show advantages to many. A cash buyer will have the value of not having to obtain financing. Land developers will experience a positive cash flow by developing the land and renting out to others. Businesses that need to room to expand will find the space to grow. Sports teams may use the land to build training camps or sports arenas.
Many benefits can be discovered with the purchase of vacant property. One such plus is less competition with more buyers choosing to purchase already developed acreage. There are cheaper and fewer expenses since there is no requirements for maintenances or revamps to already existing buildings. New owners have direct ownership and are able to shape and form their developments as desired. The open spaces are a limited resource since no new land is growing.
Types of Developments and Zoning Restrictions
The community is a mix of several zoning areas including residential, industrial and commercial. Buyers can find property for different types of developments.
The residential zone allows for home and other habitation establishments. Medical facilities are one structure that can be constructed to house many elderly residents. These accommodations include independent living homes, skilled nursing centers, and assisted living abodes. Other types of housing that can be built in these areas are subdivisions where independent owners have their own parcel of earth. Condos and apartments can accommodate more than one family are another possibility.
Industrialized zones permit the building and formation of factories and manufacturing facilities. Research and development laboratories are one choice for this zone. Food processing factories and cold storage buildings can also be built here and help to provide sustenance for the local and global markets. Another structure that can be established in the manufacturing district is that of a storage yard for lumber. A carpentry shops that uses the lumber and creates needed household items as well as building materials is an additional use for the open spaces in the area.
A commercial district opens possibilities for retail stores, offices, and other small businesses. An office complex is one development that can be created. They can be utilized as headquarters for a company for just additional administrative offices. Restaurants can also be built in the empty property. There are various types of eateries that can be established such as fast food diner or a sit-down café. Retail shops can also be assembled in the commercial district. Supermarkets that catering to the needs of local residents and provide a place to shop without a long drive. Pharmacies are another option and produce the medication for those that are ill. Other retail venues include specialty shops such as a flower shop, bakery, or jewelry store.
Examples of Potential Property Costs
- A level wooded residential lot zoned for single family usage with around .25 acres may retail for nearly $250,000.
- Residential corner parcel with a level sandy soil and approximately 3.5 acres could sell for about $300,000.
- Rural farm land residing on sloping wetland featuring about 4.5 acres might market for around $175,000.
The town provides a mix of industry providing jobs for many different occupations. A family friendly environment and lots of activities to keep everyone busy. This is a place that you can call home.
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Land for Sale