About this home
Commercial Land for Sale – Highway Business Zoned with Exceptional VisibilityPrime commercial development opportunity in a high-traffic Palmer, Massachusetts location. Zoned Highway Business, this property offers a wide range of potential uses for entrepreneurs, investors, developers, and established businesses seeking expansion or relocation opportunities.Positioned near the Massachusetts Turnpike interchange, this site benefits from excellent visibility and steady traffic counts generated by travelers, commuters, and nearby national retailers, including Starbucks and Jersey Mike's. Take advantage of an established commercial corridor in one of Western Massachusetts' growing business hubs.Palmer continues to attract attention from businesses and investors, with ongoing economic development and plans for expanded passenger rail service enhancing the area's long-term growth potential. This strategic location provides convenient access to major transportation routes, making it an attractive destination for retail, office, service, restaurant, and other commercial ventures.The seller previously obtained approvals for a 2,800-square-foot commercial building with parking, providing a valuable starting point for future development. However, buyers may wish to pursue their own vision and should verify all zoning requirements, permits, approvals, and intended uses with the appropriate municipal authorities.Whether you're looking to build a new business location, expand your commercial footprint, or invest in a high-visibility development site, this Highway Business-zoned parcel offers outstanding potential in a growing market.Buyer to perform all due diligence regarding zoning, permits, utilities, and intended use.
Listing last checked: Listing updated:
Listed by Susan Como · Buy Rite Home · MLS #73465475
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Details at a glance
Interior1 property facts
- Basement
- Not reported
Building1 property facts
- Style
- Other
Land & utilities5 property facts
- Lot size
- 1.05 acres
- Water
- Public
- Sewer
- Public Sewer
- Pool
- Not reported
- Zoning
- Hgwy Bus
Financial2 property facts
- Annual taxes
- $938
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $625,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$3,239 / monthAdjust
- Principal & interest
- $3,160
- Property tax
- $78
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $938. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- New
$625,000 · Jan 9, 2026
- Exp
$649,900 · Jul 1, 2025
- Exp
$700,000 · Sep 25, 2024
More property insights
Automated value estimate $567,812
Estimated range $401,551–$734,073.
Automated estimates are not appraisals or guarantees of market value.
Request a professional market analysisPhoto-based condition insights
Overall presentation: poor
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About 405 Shearer St
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