Mansfield Land for Sale

Located within Bristol County, this community is a part of Boston's suburbs. It is placed conveniently close to Boston and Providence. Within the town, residents will also find the village of Mansfield Center.

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Land for Sale

Currently, the median sales price in this community is at $423,000. In the last year, the median price has increased by $15,500. During the same period, the average price per square foot advanced from $222 to $236. Because of the rising prices, investors will generally have an easier time finding a property now rather than later. With the rising real estate prices, many developers have moved into the area to create housing options to satisfy the area's demand.

Why Investing Is the Smart Choice

Known for its rural ambiance, this suburban community is popular among commuters, home buyers and investors. Its beautiful green spaces and quaint shops regularly bring in visitors from around the area. Investors can enjoy buying properties that are expected to appreciate in the coming years. Whether investors want a commercial business or an apartment complex, the vacant lots are a great option for starting a new development.

Navigating the real estate market can be difficult. As this area has become more popular, it has become harder and harder to find vacant parcels. To get started on your real estate journey, call Boston City Properties today. Our staff members can help you locate vacant lots and start your next investment.

Discover a Desirable Location

Spanning 20.7 square miles in size, this community includes a total of five conservation areas. Homes built around the conservation area can often be sold for a higher price because of the secluded atmosphere and the beautiful views. In addition to views of the conservation areas, developers can also build homes with views of the Rumford, Canoe or Wading Rivers.

Located only 28 miles to the south of Boston, this community is placed 19 miles north of Providence. It is just 14 miles west of the city of Brockton. While Easton is found on the east side of town, Plainville is located to the west. Sharon and Foxborough are both placed to the north side of town. On the southern border, residents will find the city of Norton. Within the community, investors can find properties in neighborhoods like Purdy Corner, East Mansfield, Mansfield Center, Ginty Corner and West Mansfield.

Many Types of Developments Are Available

From finding the right property to navigating zoning regulations, investors have to follow a number of steps before they can create their dream home or business. A basic, undeveloped lot has the potential to become nearly any type of building. The main restrictions are in the zoning requirements. Investors have to make sure that their property is zoned for a structure before they buy it. Once the lot has been purchased, the investor has to plan out the construction timeline and budget.

One of the easiest investment options for a vacant lot is to just hold it. Investors can leave the lot undeveloped and allow it to gain value through long-term appreciation. Since the lot is undeveloped, it has minimal costs. The investor pays a small amount in property taxes and upkeep. After a few years have passed by, the investor can always sell their lot for a profit.

Other than leaving the lot empty, the investor can also choose to build a new development on their lot. Before starting a project, it is important to check the building restrictions and zoning requirements. Once the investor has the right permits and approvals, they can begin building their dream space. This type of space might include options like a commercial center, office units or retail space. These units can be used by the investor or rented to other people and businesses in the area.

With the growing popularity of the area, investors can also choose to build residential properties to earn a profit. These properties can be housing developments that are sold to prospective buyers or apartment rentals. While rental units will generate an ongoing income stream, housing developments can generate a larger, upfront payment. Depending on the investor's goals and the area, they may want to construct condos, townhouses, duplexes, apartments or single-family homes.

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Land for Sale