Tyngsborough Land for Sale
Why Buy Property Here
Tyngsborough is often considered a prime place to buy land, with lot prices averaging $289,679. The population is a little over 11,000 and has seen a lot of growth in recent years without losing its rural character.
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Geographical Information
The town is 44 miles from Boston, shares a border with New Hampshire, and is easily accessible via Route 3. Bordering communities here are:
- Chelmsford
- Dracut
- Dunstable
- Groton
- Hudson, NH
- Lowell
- Nashua, NH
- Pelham, NH
- Westford
The Merrimack River runs through town, splitting the town at the center and providing a distinct east-west divide. Terrain here is somewhat hilly, also featuring wooded areas and cleared fields that offer a lot of possibility for builders who consider the view an important factor. You'll also notice a few marshland areas here as well that give the area a distinct look.
Bus service is available in this community, courtesy of the Lowell Regional Transit Authority or LRTA. The bus route that services the town also makes stops at MBTA commuter rail stops in both Dracut and Lowell, providing access to a broader range of communities through public transportation.
What Could You Build Here?
Homes
Building residential properties here is a smart choice because of the proximity to Lowell, as well as being easily accessible to Boston. Several newer homes have recently sold in the area, providing good assurance of being able to sell property at good prices at a later date.
Modern-style Colonials on acre-size or bigger lots have attracted a lot of attention in the community recently. Cul-de-sac locations that provide a little more privacy and attractive landscaping have excellent chances of drawing in eager buyers. Building these houses with larger master suites and extras like fireplaces are also likely to attract the right buyers or even renters.
Apartments
Apartments are popular throughout the Boston area and this community is no exception. Many buyers who wish to avoid the maintenance that comes with a house are likely to seek out apartments, especially in a newer development.
Duplex or townhouse-style units are popular in this area for the larger amount of space they provide. Open concept living areas are common here just as they are elsewhere in the Boston area. Apartment options that also include private garages are also sure winners for this area.
Commercial
Commercial buildings are also likely to generate good revenue, either from sales or from leasing the space out. Prices of almost $20 per square foot and base rent prices of nearly $2,000 per month are attractive statistics for developers deciding if commercial properties here are a safe bet.
Building on at least an acre is one way to give your development maximum flexibility. Corner lots, when available, offer some of the best flexibility for whatever business ventures decide to set up shop in this community. A lot that offers the space for a dedicated parking area, especially more than one location where customers or clients can park, is always a major asset.
Retail
Retail space is always a certain income-earner in any Massachusetts community, and the Greater Lowell area offers many unique possibilities. One of the advantages of putting retail space in this small town is offering the conveniences of shopping without having to travel far from home or spend that much time driving.
Some of the more popular local retail spaces allow for store, restaurant, and other convenient spaces for shoppers. As many people who live in small towns prefer to shop as locally as possible, constructing a building that offers more than one retailer under the same roof fills a need for these residents. If the building is in a location on a popular street that also offers good parking options, you'll be able to make the most of the space and enjoy a good return on your investment.
Investing in undeveloped lots in this town is a smart choice for any developer who is concerned about getting good returns on what they invest in the property. As the areas north of Boston continue to attract new residents, building properties to meet the needs of these residents is all the more important.
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Land for Sale