Commercial Land in Lawrence, Massachusetts, offers a unique investment opportunity for those looking to tap into the city's diverse economy. With a population of around 90,000, Lawrence is an attractive location for businesses and travelers alike. Commercial Land in Lawrence can represent a range of investments, from retail and office spaces to industrial and manufacturing facilities. The city's strong infrastructure, including its own public safety services, Lawrence General Hospital, and convenient transportation options, makes it an ideal location for businesses to thrive. Additionally, Lawrence is home to a variety of educational institutions, including Northern Essex Community College and Cambridge College, which provide a skilled workforce. The city's geography, situated on the Merrimack River, also offers scenic views and opportunities for waterfront development.
With 1 Commercial Land listings available in Lawrence, investors have a range of options to choose from. The average price per square foot is , and the average size of these properties is square feet, with the largest property spanning 0 square feet. The average cap rate for Commercial Land in Lawrence is. In addition to Commercial Land, Lawrence also offers other property types, such as office spaces, retail spaces, and industrial facilities. The city's diverse economy, rich history, and convenient location make it an attractive destination for businesses and travelers. With its strong infrastructure, educational institutions, and scenic views, Lawrence is an ideal location for investment and growth.
What are common commercial uses for land in the Lawrence market?
Commercial land in Lawrence, Massachusetts is often utilized for a diverse range of industries, including manufacturing electronic equipment, textiles, footwear, paper products, computers, and foodstuffs, as well as healthcare services, public safety, utilities, and education. Additionally, the city's strategic location along Interstate 495 and its proximity to Manchester-Boston Regional Airport and Logan International Airport make it an attractive option for logistics and distribution centers, warehouses, and other commercial uses that rely on easy transportation access.
What are common ways to purchase land to use in development projects?
When it comes to purchasing land for development projects in Lawrence, Massachusetts, there are several common ways to do so. One popular approach is to work with a commercial real estate broker who has extensive knowledge of the local market and can guide you through the process, from finding the right property to negotiating the sale.
If you're new to land development, it's essential to understand the ins and outs of buying land, which is why we recommend checking out our article on how to buy land to get a better grasp of the process. With 1 available listings of commercial land in Lawrence, you'll want to be well-prepared to find the perfect property for your project.
