Canton Land for Sale
This city is nestled in Norfolk County and rests 15 miles southwest of Boston. Settled in 1630 it now boasts a population of 21,561 residents. At the foot of the Great Blue Hill the 19.6 square miles of terrain showcases a natural wooded wetland with the Canton River flowing through the center of town. The neighboring cities of Norwood, Westwood, Dedham, Milton, Randolph, Sharon, Stoughton, and Hyde Park. Travelers have access to and from the city through the many interstates of 93, 95, 138, 93, and Massachusetts Route 128. The MBTA commuter rail train has a stop here for commuters who prefer to let others drive. Discover the natural beauty and countryside while taking a relaxing trip into Boston for work or enjoyment.
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Reasons to Invest in Land in Canton
There are many benefits to purchasing property in this community. The town is headquarters to several companies including Reebok, Dunkin Donuts, Computershare, and Boston Mutual Life Insurance. This presents residents with many job opportunities. A quiet neighborhood gives local townspeople a sense of safety and security. The community sports teams offer hours of fun and activity for all ages. A welcoming feeling comes from the locally owned shops and restaurants. A cozy atmosphere with places to reach and points to appreciate present prospects to look at and encounter.
Vacant properties present several options to those that decide to purchase. Cash buyers will find that there is no need for a typical loan. Investors can take use of the money generating prospects. Those wanting to build from the bottom will find the possibility to accomplish their dream. The unfilled spaces also grant those looking for a way to get away a private camping spot. Business may discover that there is room to grow or establish a home base for the company.
Many gains to be hand by the purchase of undeveloped property in the community. One reward is that the price of real estate is on the rise due to fewer empty lots and no new earth being produced. The incentive of owning a tangible asset is another positive. Undeveloped property is easier to care for and presents more openings than established structured acreage. The property can be formed and constructed as desired using the land as wanted. Expenses are fewer without the requirement of repairs that may need to be completed should the lot have a previously settled structure.
Types of Developments and Zoning Restrictions
The community has zoning regulations in place to protect the local business and residents. These zoning conditions ensure that developments do not interfere or disrupt the residents and other organizations in the area. Some of the common zoning regulations are as follows:
- Historical: This is an area that is set aside to protect structures and important property areas of high historical value to the city. These areas can include important battle sites, historical buildings in a neighborhood, and other historically valuable structures.
- Industrial: The property is zoned for heavy industry and manufacturing factories. Some of these factories would be automotive, heavy machinery, and power and water facilities.
- Residential: This is the area set aside for homes and residential apartment complexes. Condos and duplexes are also another type of development for this zone.
- Commercial: These properties allow for the operation of retail stores, offices, restaurants, theaters, and mixed-use developments. Mixed-use development is a combination of retail space and residential space in one building.
- Environmental: This is land that is protected to ensure wildlife, and the natural environment of an area stays untouched. This is sensitive environmental areas that have a significant importance to the area. This would be an area where a wildlife center or park would be a good investment.
- Aesthetic: This is an area that everything is kept looking the same and there are rules about how to preserve the aesthetics of the area. These developments would have a similar look and feel to them. This helps protect the look and feel of the area.
- Rural: This is the area ware farms, ranches, and natural parks are located. This is a property that is open and relatively untouched. Some developments for this area would be farms, ranches, farm animals, and parks.
It is posable to have the property rezoned or have an exception made. The developer would need to present a development plan to the city. The city will then review the plan and make a decision if the development would be a good fit for the area. They must consider how the development would affect the residents and other businesses in the area. This process can take a while, so it is important to allow time for this process to take place.
Examples of Potential Property Costs
- A single-family residential property that is elevated with some slopes and wooded areas that is 1.31 acres has the possibility to market for approximately $400,000.
- A property that is for residential single-family use that is elevated and cleared consisting of 0.25 acres has the potential to sell for roughly $350,000.
- A commercial multi-family wooded area with slopes and partially cleared with 4.3 acres has the capability to go for near $570,000.
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