Concord Land Opportunity_Property for Sale
Concord Land Opportunity_Property for Sale
ORNAC, Concord, MA, 01742, US

Concord Land Opportunity

Asset Description

JLL has been exclusively retained to offer for sale the +/- 12-acre Old Road to Nine Acre Corner parcel (“ORNAC”), in Concord, Massachusetts. The site is directly adjacent to the Concord Country Club and Emerson Hospital, and offers direct access to the Concord Turnpike (Route 2) which provides a direct path to Cambridge, Downtown Boston, and the life science / technology corridor along Route 128/I-95. With an excellent housing stock, premier school system, and abundant outdoor recreation areas, Concord is an attractive location for families, executives, and a highly skilled workforce looking to live in one of New England's premier suburban communities with convenient proximity to some of the region’s most attractive commercial nodes.


One of the New England’s oldest towns, Concord is also one of its most affluent, with an average household income of $274,839 and an average home value of approximately $1,320,000. Primarily driven by higher incomes, apartment rents and home sale prices in this submarket are some of the highest in all of suburban Boston. Limited new supply and strong demand driven by its large base of nearby employers have allowed rent growth to be outsized in recent years. With +/- 12 acres of developable land, the site is a premier and rare development opportunity with immediate access to major highways in one of Boston’s most desirable suburbs.



Land area net
4.84 ha
Residence - AA


Investment Highlights

Premier Location: Located just 20 miles northwest of Downtown Boston, Concord is one of the premier suburban communities in Greater Boston. The area boasts an unmatched geographic advantage, providing convenient proximity to Boston's central business district and the inner suburban office markets. Concord residents enjoy the benefits of the town’s centralized location while working at the many established corporate campuses and esteemed higher education institutions along the 20 mile stretch of interstate between Concord and Boston.

Optimal Optionality: Situated on +/- 12 acres of developable land, the site presents a development opportunity of scale which is rarely available in Greater Boston’s affluent suburban communities. From its exceptionally strong school system, access to employment nodes, and premier medical institutions, Concord boasts a strong variety of demand drivers which attract a strong resident base. The development optionality at the Site allows for investors to capture this diverse demand through a variety of viable development options.

Unmatched Access: Boston’s northwest suburbs of Acton, Bedford, Boxborough, Burlington, Chelmsford, Littleton, Lexington, Westford and, of course, Concord, comprise the “Think Belt,” which is home to numerous companies spread across the fields of telecommunications, hardware and software design, robotics, life sciences, nanotechnology, and defense. This subsector is among the healthiest and most vibrant in the region. Further, the town of Concord boasts excellent highway connectivity and premier public transportation options. which serves as a significant demand driver for Concord residents who commute to Downtown Boston, Cambridge, or work along the Route 2 corridor.

Concord Land Opportunity 4_Property for Sale
Concord Land Opportunity 4_Property for Sale

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Last updated
14 May 2024