Real Estate Ph: (617) 247-1933 806 Tremont Street, Boston MA 02118

Swampscott Land for Sale

Why Build Here?

This town is in high demand, with real estate prices ranging from the mid-200's for condos to large homes valued at over a million dollars. Developments in this area are certain to provide the type of return that you have been looking for within this market.

Click Here to Search

Land for Sale

Geographical Information

Swampscott offers that tranquil lifestyle that so many are seeking when they decide to move to the seacoast area. About 13,800 people call the community home, and its location is just 15 miles from Boston. Because this community is so desirable for area residents, there are a lot of possibilities for using land here.

This community is part of the North Shore area, one of the most popular areas in Massachusetts for developments of all kinds. The town has a nice blend of seaside resort charm, coupled with a suburban character seen in its Beach Bluff and Clifton neighborhoods.

The town sits on Massachusetts Bay, with an attractive rocky shoreline area. There are also five beach areas of note:

Palmer and Foster Ponds are also noteworthy landmarks, and King Harold Forest also stands out as a point of interest. Monument Square, of Frederick L. Olmsted design, is the town's focal point.

This community features road access through Route 129 and Route 1A. Although 95 and 128 do not run right through town, they are both a few minutes away. The MBTA provides both rail and bus service here, an attractive selling point for developers.

What Types of Developments Can You Build?

Both developments featuring single-family houses and those that feature apartments or condos have the potential to attract a lot of prospective buyers or renters. Taking advantage of this opportunity will allow you to use land available here in a way that benefits the larger community.

Homes

As of late April 2018, there were no new construction homes on the market. However, this doesn't mean that there is no market for these types of homes. If anything, the fact that many homes that have sold since 2017 have featured custom amenities and similar features shows how much of a market there is for these homes.

Apartments

Apartment complexes have remained popular in the last several years in this area because of the advantages of reasonable rent prices. They also offer a coveted maintenance-free lifestyle that appeals to both downsizers and those starting out who aren't yet ready to cope with upkeep costs. Should you use your undeveloped property to build apartment complexes, you will be helping fill a need.

Commercial

Although housing is always in demand, it is just one aspect of what you can do with undeveloped properties in this area. Commercial space also offers a lot of possibilities for this area, because of both the residents and their retail needs and the tourists.

Large parcels that can accommodate warehouse space are properties that are sure to attract interested parties. The location is one that is ideal as a distribution point for local seafood companies and other businesses. Another advantage is being able to build office space to serve the needs of a growing population.

Retail

Retail space in strip malls is certain to being in a lot of revenue, with prices of $29 to $40 per square foot being average for the area. Putting in one of these developments on property that's on a major street will attract retail tenants willing to pay good prices. Should you opt to construct a smaller building with two or three floors, you may even want to consider making the building mixed-use to increase the number of prospective, long-term tenants.

All kinds of commercial space are viable options to consider with any Boston-area development. If you can attract prospects looking for either living space or commercial space, so much the better. When you decide to build in a high-demand area, you'll likely see rewards as soon as renters or buyers find out what you have available.

Obtaining a property to use as a development is an undertaking that you don't want to take without guidance, and a buyer's agent can play a major role in helping everything work out smoothly. Contact us today to see what we can do for you.

Click Here to Search

Land for Sale