Hanover Land for Sale

Plymouth County is where you will find this cozy community. Settled in 1649 the town currently has a population of 14,000. The roughly 15.72 square miles of territory with a landscape comprising of open spaces, woods, ponds, streams, rivers, and conservation area. The city rests 20 miles southeast of Boston. Neighboring cities include Norwell, Pembroke, Hanson, and Rockland. Travelers can make use of Massachusetts Route 3, Route 53, Route 123, and Route 139 to get to and from the region. The city districts consist of residential, light industrial, and technological.

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Land for Sale

Reasons to Invest in Property in Hanover

A warm family friendly atmosphere provides a sense of protection and reassurance. Small town environment with local independently owned retailers and eateries. Year-round activities can be experienced and enjoyed by all. Summer happenings comprise whale watching and deep-sea fishing. Winter time brings snow and a chance to relish the slopes with some skiing. A quiet and quaint neighborhood with good schools.

Vacant lots offer many buyers a chance at many advantages and benefits. Some of the types of buyers that will find the unfilled acreage helpful are Investors, Developers, and Private Home Builders.

Investors will discover the many benefits that owning unoccupied spreads grants. One such reward is that of the tangible asset in which can provide a tax break. A long-term investment presenting piece of mind since the acreage will gain value over time. Those that choose to develop the property will find a generating cash flow by renting or leasing to others.

Property developers will also uncover many hidden advantages. They can receive higher returns once the area is established by either renting or selling the parcels. The designer can use the land as desired with the ability to create many types of structures within zoning limitations. Open ground is easier to improve than already established structures that may need to be repaid, renovated, or demolished.

The private home builder that is searching for the perfect place to construct a family residence for now and future generations will also find many good points. They can customization the dwelling into the picture-perfect place. Energy efficient elements can be added during the construction phase providing the opportunity to save financially. Home builders will also discover that there is no need for repairs or renovations as with established homes.

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Types of Developments and Zoning Restrictions

Many communities have established zoning codes for property in the area to protect the local residents and businesses from new developments. This is done to help to make sure that the limited resources of the city are used in a balanced way to benefit the entire city.

• Rural: This is an area set aside for farms and other open land projects.
• Environmental: These areas are set aside to protect sensitive environmental areas such as wildlife habitats and wetlands.
• Historical: This property is set aside for the protection of historically significant structures or areas of value to the history of the city.
• Aesthetic: The city requires structures to look a certain way. This helps to preserve the original feel of the city.
• Residential: This is the area designated for single-family homes, apartments, Condos, and other residential uses.
• Commercial: This is the location of Retail stores, offices, restaurants, and theaters. This property is set aside for mixed-use developments as well. This is the combination of residential homes and storefronts.
• Industrial: These locations are where major manufacturing takes place. Some of these businesses include Auto factories, power plants, and other heavy manufacturing companies.

It is possible to have a zone changed when your development does not exactly meet the zones requirement. In order for this to happen, you will need to get approval from the city. This process will take some time since the city has to consider granting an exception or changing the zoning in the area you wish to develop. The community will look at the development plans and determine if it will be a good fit with existing developments in the area.

Examples of Potential Property Costs

Residential single or multiple family forested lot with around 88 acres could sell for near $2,000,000.

Forested level single family residential lot with around 16 acres might retail for close to $450,000.

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Land for Sale