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Bean Group
Offered at $2,500,000Active
beds
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baths
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sq ft
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Built
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150 Lafayette Rd

Salisbury, MA 01952

About this home

Rare 92.26-acre land assemblage at 150 Lafayette Rd, Salisbury, MA offered together across six lots. Route 1 commercial frontage plus a large LM-B rear lot give this offering real development weight, not just open acreage.This is not only the front Map 22 Lot 140. That front piece is about 3.46 acres, zone LM-B, with large-development plans that were approved a couple of years ago for a rehabilitation-center concept. Those plans were never built and do not exist on the ground today. They are a historical approved example of what LM-B frontage here can support, not a current use and not a standing facility. Also in play is Map 22 Lot 62: 26.92 acres Rear Lafayette, zone LM-B (assessor LUC 391 POTENTL-COMM). That is substantial commercial-zoned land with build potential of its own, contiguous to the frontage story. Together, the two LM-B lots are the core of this assemblage. Map 22 Lot 140: 3.46 acres at 150 Lafayette Rd, zone LM-B (assessor LUC 390 LAND-COMM). Map 22 Lot 62: 26.92 acres Rear Lafayette, zone LM-B (assessor LUC 391 POTENTL-COMM).Map 23 Lot 63: 48 acres, zone R1, assessor unbuildable (LUC 132).Map 23 Lot 64: 8.7 acres off Seabrook Rd, zone R1, wetlands as calculated by MVPC (LUC 132). Map 23 Lot 57: 2.18 acres on Seabrook Rd, zone R1 (LUC 132).Map 23 Lot 87: 3.00 acres Rear Lafayette, zone R1, assessor unbuildable (LUC 132).The R1 lots include assessor-unbuildable and wetlands land and should be treated accordingly. Buyer must independently verify zoning, wetlands, access, density, and all permitted uses with the Town of Salisbury. Do not rely on any assumed units-per-acre figure. It is believed that there is potential to build up to 6 units per total acreage and that those units may be condensed into the buildable zone. Sellers are willing to provide due diligence time so a buyer can lock up the property and confirm what can be built on the LM-B land. Seller reserves the right to accept an offer at anytime

Listing last checked: Listing updated:

Listed by Justin Brown · Three Hills Real Estate Service, LLC · MLS #73570990

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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
92.26 acres
Water
Other
Sewer
Other
Pool
Not reported
Zoning
LM-B / R1
Financial1 property facts
Assessment year
2026

Location

Estimated monthly cost

Explore costs at the $2,500,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$12,641 / monthAdjust
Principal & interest
$12,641
Property tax
Not entered
Insurance
Not entered
HOA
Not entered

Annual property taxes were not supplied. HOA amount was not supplied.

Partial estimate: add property tax, 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.

More property insights

Automated value estimate $2,340,433

Estimated range $2,112,975–$2,567,891.

Automated estimates are not appraisals or guarantees of market value.

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Photo-based condition insights

Overall presentation: poor

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About 150 Lafayette Rd

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