Raynham Land for Sale
Why Invest in Property Here?
As a quickly-growing suburb, Raynham is a great place to buy land. Getting in touch with one of our buyer's agents will help you get started purchasing that perfect lot.
Geographic Location
This town is in Bristol County, with a little over 13,000 residents here. The distance is about 22 miles from Providence and 32 from Boston.
One of the town's best assets is its crossroads location where I-495, and Routes 24, 44, 104, and 138 all run into town. Greater Attleboro Taunton Regional Transit Authority provides bus service, and there's a convenient commuter rail stop in Bridgewater.
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Land for Sale
Conservation land abounds in town, providing the community with a lot of beautiful natural areas. Johnson's Pond is a recreational pond perfect for boating, fishing, and skating. The Borden Colony Complex covers 300 acres and offers playing fields.
What Types of Developments Could You Build?
There are undeveloped lots you could acquire for less than $200,000, which makes it easier for you to pursue whatever types of developments fit your investment needs the best. Buying an undeveloped property to build a dream home or engage in commercial activity is always worth pursuing, especially if it already has utilities added.
Homes
New construction homes are in demand here among buyers, especially those built in a custom community setting. If you provide oversized lots and home plans that buyers can choose from among, you'll have an excellent chance of attracting buyers looking for larger homes made just the way they like them, with many prices averaging between $350,000 and $500,000 when completed. Open plans, and large master suites are just a couple of features to consider.
Capes, a New England classic, are also popular choices for custom builds with good sale prices. Putting these houses on lots that allow more privacy and provide more yard space will encourage buyers to make use of the decks that are usually part of these homes. Sunken family rooms and walk-out doors are some of the features that prospective buyers enjoy the most.
Apartment Buildings
Townhouse-style buildings that are suitable for apartments for rent and owned condos are good options to consider. These types of structures offer more space than most apartment buildings usually would. You can also design the premises to provide a little more in the way of outdoor space, such as patios or decks.
Apartment communities somewhat removed from the activity of town are attractive for many would-be renters. Many units with a 1-bed/1-bath floorplan get rental prices of about $1,500 a month, inspiring you if you decide to create your buildings to accommodate larger sizes for your prospects to select. Adding some of the high-end touches familiar in houses in the area, like ceramic tile, will appeal to many looking for apartments that offer something different.
Commercial Investment Properties
The community is already home to one industrial park that hosts major corporate headquarters. Top locations for other properties to develop for commercial needs are the areas along Routes 44 and 138. Selecting a lot that is already paved and stubbed for water service will make development hassle-free when the time comes to start building.
Office spaces that house more than one company easily lead to having buildings with a high sales price. If you design the complex to allow each tenant to have a cubicle, reception, and kitchen space, you'll be able to attract the best possible prospects.
Warehouses close to 495 and other local roads will make it easier to sell or lease space to manufacturers and distributors. Loading docks and access doors that facilitate easier loading and unloading is one feature that you'll want to keep in mind. If possible, having a distinct office and receiving area can also meet the needs of companies.
Retail Space
Shopping centers are good choices to consider for any developer who wants to make the most of their investment. One of the most significant benefits is being able to collect rental income from multiple corporate tenants. If you have a couple of significant anchor stores in your development, more businesses are likely to consider your strip mall.
There are plenty of commercial and residential possibilities that you'll wish to consider when building on the parcel you've purchased. All of them have the potential to help you make the best return possible for your efforts.
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Land for Sale