Norwell Land for Sale

Buying land in Norwell is a smart decision for anyone who wants to take advantage of this town's scenery and its opportunities for business development. Contacting one of our real estate professionals today will help you get started on the process of buying the right parcel for your needs.

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Land for Sale

Geographic Location

This town, with its location on the North River, is 20 miles south of Boston, home to 11,000 people, and part of Plymouth County. The number of amenities available to residents makes this community good for both residential and commercial property.

There are several recreational areas in this town as well, including Stetson Meadows, Black Pond Natural Preserve, and Cuffey Hill Reservation. Route 3 goes through town, with two exits in adjoining communities, with Routes 58, 123, and 228 also going through town.

What Could You Build on These Lots?

Lots average in the $300,000 to $400,000 range in most cases. One of the best things is that, by developing these properties according to your preferences, you can increase the market value to where you get a good sale price when and if you sell the property.

Homes

Building estate homes on larger lots is a good way to get the most out of our investment. Many people relocating to areas such as this one are looking for a country living experience and find that these types of homes bring them pretty close to that. Estate homes are also in demand because they are relatively easy to renovate.

Houses with a nearby lake or pond access are also worth considering. If you can add a place for buyers to store watercraft when not in use, this will increase the overall appeal of the property you are selling or renting. Building houses to offer the features that are in highest demand is always a smart move to make.

Apartment Buildings

Although this town has relatively few apartments, this means good news in that there is a real need for apartment complexes that you could help meet. Units with one or two bedrooms are in the highest demand, but most apartment shoppers are flexible in the types of units they seek. It's the overall amenities that will make the biggest difference.

Choosing a lot with easy access to local commuter lines is one way to maximize the potential for any lot that you pick. An exterior style that matches the Arts and Crafts houses so popular in the area is one certain winning style. If you have the building near one of the local conservation trails, you'll be able to increase its desirability among prospects with a specific interest in being near conservation areas.

Commercial Investment Properties

With monthly rents averaging $1,400 and up, as well as full commercial building selling for $250,000-$450,000 on average, you have a good chance of getting a return on your investment. One of the best options is a multi-tenant property that attracts a variety of business types. You'll want to make sure at least some of the space is suitable for warehouse use, especially if located near one of the busier roads.

Office condominiums are among some of the more popular building types you might wish to consider. These buildings allow you to add nice little extras like kitchenettes, conferences areas, and private offices. Rent amounts for these buildings are higher on average, promising you a good return on what you invest in the property.

Retail Space

Retail spaces are always in demand, especially in areas close to Route 3 and other major roads. On-site parking is one feature that will provide maximum convenience for renters and customers alike. Store buildings that can house multiple co-tenants, as well as buildings tailored to the needs of a single retailer intending to buy the space, are both good options to keep an eye on as you develop your lot.

The location is of major importance for a retail building, and having everything accessible from the first floor makes a major difference for retailers and customers alike. High-end finishes throughout the building will likely attract retailers looking a space that's different from the usual spaces that most retail complexes offer. Adding a lot of flexibility for the company's needs also helps make it easier to draw in retailers.

Both residential and commercial needs are easy to meet with the right undeveloped lot.

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Land for Sale