Lot 0 Narrows Road Westminster — Photo 1 of 7
$2,995,000
Investment Analysis — Lot 0 Narrows Road
Westminster, MA 01473
Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a home in 01473 carries an estimated $1,720/mo in gross rent — about a -0.68% cap rate and $-20,254/yr in estimated NOI at the $2,995,000 list price. Adjust every assumption in the calculator below.
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Your big ideas could be a reality on this 29.3 acre commercially zoned parcel that offers outstanding visibility & access, abutting Route 2 with east- and westbound access within 1,000 feet. Wetland mapping and ANRAD have been filed. An 18" water main runs through the property (tap potential), with public sewer available on Narrows Road. Positioned for a smooth transition from concept to Planning Board approvals, the site includes conceptual plans for self-storage, a 40B housing development, or 30–40 contractor garage bays (20’x60’) serving strong unmet demand from contractors and hobbyists. Favorable MBTA zoning adds additional development advantages. Could potentially suit a hotel with special permits. Additional 30 acres with frontage on NoTown Road is also available/negotiable with the right buyer. Site work may also present the opportunity to process and sell sand and gravel during pad preparation. The project engineer is ready to advance your plans through approvals. Call today to explore the possibilities.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
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Property History
$2,995,000
Jul 27, 2026
MLS® 73555291
$2,995,000
Jun 30, 2026
MLS® 73481792
$2,995,000
Jun 30, 2026
MLS® 73481801
$2,995,000
Mar 3, 2026
MLS® 73481792
$2,995,000
Mar 3, 2026
MLS® 73481801
Listing Agent: Tracy Barber
Listing Office: Real Broker MA, LLC
MLS® Number: 73555291
