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Middlesex
341 Broadway Road
$1
● Land - Off Market

341 Broadway Road

Dracut, MA 01826
bedrooms
Studio
bathrooms
0 Bath
$1
Est. Monthly

About This Property

Broadway Village - is a Comprehensive Permit under Chapter 40-B for the development of 300 apartment rental units, 12 retail units, a community pool and fitness space, sited on 46.5-acres of wooded and vacant land in Dracut, MA. The development proposes approximately 363,568 SF of residential area across four multi-story buildings including 14,572 SF of retail space, with a total of 480 parking spaces. The unit mix will provide one, two, and three- bedroom unit types with 75 units designated as affordable at 80% AMI. The site has good access to major transportation with proximity to interchange I-95 and I-495 and within a 15-minute drive from the Lowell MBTA commuter rail into North Station. The property may be delivered with plans and final engineering substantially complete, including the potential for a building permit in hand, offering developers a rare "shovel-ready" multifamily opportunity in one of Massachusetts' strong rental markets
Unit Size
-
Days on Market
-
Land Size
46.49 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

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Last updated: 5 months ago (MLSPIN #73526254)

Price History

Date / Event Date Event Price
Jul 15, 2026 No longer available -
No longer available
May 28, 2026 Listed by All Star Realty, Inc. $1
Listed by All Star Realty, Inc.
Apr 7, 2021 Sold
Sold
Feb 3, 2020 Listed by Cushman & Wakefield $5,500,000
Listed by Cushman & Wakefield
Broadway Village is a fully permitted 278-unit apartment development opportunity located in Dracut, MA. The projects comprehensive permit allows for 278 rental units in four elevatored buildings on the expansive 47.5-acre site. The project is envisioned as four story wood framed construction with surface parking (at a ratio of +/- 2 spaces per unit) and 58 structured/garage spaces. The thoughtfully designed community is replete with abundant tenant amenity spaces, including café areas, lounges, pet grooming, outdoor grills, cinema room, fitness center, bike storage and a large courtyard lawn and swimming pool. Additionally, the site is accessible to major transportation routes, including I-93 and I-495, and convenient to various employment centers in northern Massachusetts, southern New Hampshire and areas north and west of Boston. MBTA commuter rail service to Boston’s North Station is available in Lowell (Lowell Station) just 3.5 miles, less than a 15-minute drive from the property.

Property Highlights


Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 443,876
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000010190
  • Standard Land Use Code: 8003
  • County Land Use Code: 440

Neighborhood

  • School District Name: Dracut School District
  • School Tax School District: DRACUT SD
  • Census Tract: 314301

Zoning

  • Zoning: I1

Geography

  • District: 79
  • Parcel: DRAC M:37 B:86 L:1
  • Block: 86
  • Lot: 1
  • Municipality: DRACUT
  • Latitude: 42.6788
  • Longitude: -71.2884

    Address

  • Full Address: 341 Broadway Rd
  • Address - House Number: 341
  • Address - Street Name: Broadway
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dracut
  • Carrier Code: R004
  • 4-Digit Zip Code: 2706
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $433,300
  • Initial Tax Delinquent Year: 2023

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $414,600
  • Assessed Land Value: $414,600

    Sales

  • Current Sale Contract Date: Apr 07, 2021
  • Current Sale Recording Date: Apr 07, 2021
  • Current Sale Price:
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20892
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Middlesex


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Frequently Asked Questions

When was property at 341 Broadway Road built and last sold?
The property at 341 Broadway Road was built in and last sold on Apr 7, 2021 for $3,425,000.
How much is this home worth?
The estimated value of the home located at 341 Broadway Road is $1.
What are some comparable homes to 341 Broadway Road?
There are currently no comparable homes to 341 Broadway Road.