Walpole Land for Sale
Why Buy Property Here?
Walpole features a small-town atmosphere, with a population just under 25,000 residents. The town is a short distance from Boston, making it a good choice for developers intending to use the land they buy for almost any purpose.
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Land for Sale
Geographical Information
One of the things that attract many people to this town is that it's a mere 13 miles from Boston. Providence is 23 miles away, making this town very well-placed.
There are several parks and outdoor areas in town, providing plenty of recreational options for residents and visitors alike. The most well-known of these parks is Francis William Bird Park, which has over three miles of trails that are ideal for both walking and biking.
A bus route provides service up through the town center. MBTA train service is available with stops in town as well as nearby Plimptonville.
What Can You Build Here?
An average land price of $579,000 makes this area ripe for development, and your chances of seeing property values rise are good indeed. However, for many, the big question is whether to build residential or commercial developments, which is a question that is hard to give a quick answer to. There are some major advantages to both of these types of developments, with housing in particular meeting a major need.
Homes
Building houses in this area will serve a real need, as there are usually at least several dozen homes on the market at any given time. Contemporary-style Colonials and Capes that closely resemble historical homes in the area are always a safe bet since they represent a good number of homes recently sold. If they're built in an area with large lots that allow buyers to maximize their privacy, developers are likely to see results from their efforts fairly quickly.
Apartments
As with any area in Massachusetts recently, there is a need for condo properties in this town to accommodate renters whose housing and amenities needs can be met with these units. New construction apartments in neighboring towns rent quite quickly, showing how much of a need there is for them. Building an apartment complex in this area is a development choice that is likely to pay off.
Most buildings have units with a two bedroom and one bath or bigger floorplan that suits most needs easily. Features that include being wired for cable and high-speed Internet are always a major plus in this tech-savvy area. One of the biggest assets you'll be able to promote for a development is the maintenance-free lifestyle that saves residents a lot of time and cost.
Commercial
Lots available for development that are located along major routes are certain to pay off in the long run because of all the location-based possibilities they offer. Offering sufficient space for parking or a garage is a good way to help spark interest in your development since parking is usually one of the biggest concerns for many businesses. The more you can stand out from other area developers, the greater the interest businesses are likely to take in your development.
Retail
Retail space can take many forms, and an undeveloped lot gives you far more flexibility in how you use this space to your advantage. Larger stores will, of course, need to include warehouse space in their overall store area, so you will want to keep this in mind. A common layout in many big-box stores, for example, is to have separate grocery and general merchandise receiving areas.
Another thing to keep in mind is that many corporate-owned store locations need to have their store space set up according to certain specifications. The space these stores occupy may need to be larger than most, or have a layout that allows for easier renovations. Building a retail development on undeveloped space makes it easier for you to adapt your buildings to the often-changing needs of retail customers.
When you're buying undeveloped lots, you don't want to go it alone when help is available to make sure your whole buying process goes smoothly. Contact one of our buyer's agents today to see how we can assist you throughout the whole process.
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Land for Sale