Purchase Land for Sale in Quincy, MA, with Boston City Properties
If you're interested in real estate development and investment opportunities in Boston in an emerging area, Quincy may be the perfect place to look. The seventh-largest city in Massachusetts, Quincy has a lot to offer to savvy investors and developers. However, competition is downright cutthroat for the best parcels, so it's crucial to have effective resources at your disposal from square one. The easiest way to make that happen is by connecting with Boston City Properties. A Boston commercial real estate leader, we can provide you with an array of resources, guidance and assistance that is sure to make a big difference for you.
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Team Up with BCP When Navigating Quincy Real Estate
Although Quincy isn't Boston, its real estate submarkets are nearly as competitive. That's truer than ever these days, as many investors and developers are pushed out of areas of Boston with exceptionally high real estate prices. The city's downtown area has been experiencing a renaissance of sorts, so interest in the area is stronger than ever. Boston City Properties has a vast online database of searchable Boston real estate listings, and we'll give you access right away when you sign up via our website. We also have relationships with Quincy real estate brokers and agents and can give you a referral whenever you'd like.
Quincy Basics
Located on Quincy Bay, the Norfolk County city of Quincy had a population of around 101,700 at the time of the 2020 U.S. Census. It extends over around 27 square miles – approximately 17 square miles of that is land – and is bordered by Boston, Milton, Braintree, Randolph, Weymouth and Hull. The city offers excellent public transport connectivity, with four T stops on the Red Line accessible via North Quincy Station, Wollaston Station, Quincy Center Station and Quincy Adams Station. The commuter rail is also available at Quincy Center.
As large as Quincy is in terms of area, it is divided into many distinct neighborhoods and districts. Most of these areas are residential in makeup. Popular residential areas in the city include Germantown, Adams Shore and Merrymount. Marina Bay is home to some of the most exclusive residential real estate in the city, boasting many high-rise luxury condo buildings. Wollaston Beach boasts charming cottages and other single-family homes. Some of the priciest single-family homes in the city are found in Squantum, which is right on Quincy Bay. The area has seen strong housing demand across most neighborhoods for at least 20 years.
Commercial Real Estate in Quincy
If you want to buy a developable lot in Quincy for commercial real estate development, you can take your pick from many busy commercial corridors across the city. The downtown area, Quincy Center, is undoubtedly the hottest submarket in the neighborhood and, therefore, a great place to consider. Other neighborhoods with dense pockets of commercial activity include West Quincy, North Quincy and Marina Bay. Quincy is part of the South Shore/Route 128 South submarket, with 165 office buildings offering more than 13.9 million square feet of space. Many of the city's top office buildings are located in Quincy Center.
Considerations to Make When Buying Land
Before doing anything else, connect with BCP to ensure smooth sailing as you seek properties for sale in the city. While you are looking, keep these points in mind to avoid headaches along the way:
- Develop a clear plan for the property you want to buy. For example, if you want to develop a hotel property, you'll want to choose a parcel that has the correct zoning and location for that type of use.
- Study the historical trends of any property you consider. What else has been developed there in the past? How did it perform? How do developments on adjacent lots appear to be doing?
- Familiarize yourself with local submarkets. The area is vast, and some of its submarkets and neighborhoods are more conducive to certain types of development than others. BCP can refer you to a Quincy broker or agent whose insights in this regard are sure to help.
- Beware of zoning and permitting issues. It's easy to end up with a piece of property that isn't appropriately zoned for your development goals, so dig deep before proceeding with any purchase.
- Perform exhaustive due diligence before buying real estate in Quincy. Even if you appear to have a winner, enlist the help of experienced real estate professionals to scour property records, perform inspections and otherwise ensure that you're getting what you need.
How BCP Can Help
It's easy to feel overwhelmed when looking to buy a lot for development or redevelopment in a fast-paced market. Here's how BCP can help make the process easier for you:
- Local Expertise – BCP and our network of real estate experts know the city and its submarkets well. We're familiar with local zoning ordinances, major developers and other factors that can make or break your search.
- Real Estate Listings – Start searching our continuously updated online listings for properties for sale ight away; sign up for access via our website. You can also contact us to inquire about off-market listings, which we often have and are happy to share with you.
- Brokers and Agents – We're proud to have connections with some of the areas best real estate brokers and agents. When you're ready, we will refer you to one who specializes in your area of interest, whether it's real estate investment or development.
Call Today to Kick-Start Your Search
When seeking vacant parcels for sale, don't go it alone. Instead, contact Boston City Properties to get your search off to the best possible start. You can sign up this instant for immediate, free, unlimited access to our searchable online listings. Use our search tool to zero in on viable options fast. We can also refer you to brokers and agents in Quincy, show you off-market listings and provide insights to help your search unfold as smoothly as possible, so contact us today.
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