Sudbury Land for Sale

Buying Property

Sudbury MA, although a smaller town, is a good place to consider buying land, with listing prices averaging $750,000. One of the good things about buying an undeveloped property is that you have the flexibility to use it as you please. You're only limited by your imagination and budget when you go this route.

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Land for Sale

Geographical Information

The town is in Middlesex County and part of the MetroWest area of Boston, one of the suburban areas that has been growing the most. Over 17,000 people live in this town that has a lot of attractive features for buyers and renters of all kinds.

Boston is only 20 miles away, and Worcester is 26. Nobscott Hill provides an interesting transition in terrain, marking the town's highest point. Tippling Rock is also unique because of some of its views of Boston's skyline, a view that ranks high among the features that residents enjoy the most.

What Types of Developments You Could Build

Homes

This town has seen a lot of great possibilities for new home construction. Larger homes that emphasize the features found in old arts and crafts-style farmhouses have been the stars of some newer developments that enjoy a lot of attention. Should you decide to build homes for sale or rent that highlight these types of features, you stand a great chance of attracting willing takers.

Even building homes in a development that are designed to be rented out are worth your time. Many prospective renters are quite happy to pay $2500 to $3000 a month for a property in the ideal area. Your chances of a good return on an investment property in this area are high.

Apartments

Apartments are also in demand in this area, especially in buildings that offer open floor plans and gourmet kitchens. The advantage of maintenance-free living is a big draw for many moving into the area who maybe don't want to buy just yet. Developers who want to make some of the units available as condos will also have a chance of enjoying a lot of success with this option.

Single-family homes, condos, and apartments are always smart choices for development in popular areas. However, these properties don't tell the whole story of what you can do with a development. Some of the commercial possibilities are probably even better than you may have thought possible.

Commercial

Commercial developments have a lot of potential in this town. Both modern office spaces and commercial buildings that resemble the homes in this town readily attract ideal tenants. You will also benefit from allocating at least some of your available space for creative or flex units.

Creative lofts have become popular in recent years as rental prices have risen, sometimes making it harder for those requiring small spaces to find something suitable. These, along with other flex spaces, have helped fill a need for both tenants and the property owners who might otherwise have difficulty leasing out all their space. Commercial buildings designed to make the use of both full-size and smaller spaces are ideal for developers to keep in mind.

Retail

Retail space is also an ideal way to make use of your purchase, especially with parcels of undeveloped property having been utilized as mixed-use spaces in many other nearby areas. You could easily have space for both large chain locations and local businesses in the same location, offering both convenience and local flavor. Another selling point for a mixed-use property is being able to offer condo-style residences that save residents the hassle of having to leave the building to go shopping.

Undeveloped lots on acerage are perfect for these types of ventures, regardless of whether the space will ultimately be entirely commercial or offer mixed usage. As the Boston suburbs attract more residents, the need for retail and restaurant space will grow with the population. Developments that offer easy access to local businesses and possibly living spaces in the same location will fill a need for most of these prospective residents.

One of our real estate experts will be glad to help you facilitate a property purchase for undeveloped property, contact us to see how we can be of help.

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Land for Sale