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584 Taunton Street

Edgewood Development Company Acquires Development Site In Wrentham For $10.175M With Seller's Rep Cushman & Wakefield
SOLDDevelopment Site

Edgewood Development Company Acquires Development Site In Wrentham For $10.175M With Seller's Rep Cushman & Wakefield

584 Taunton Street

$10,175,000

$92,500/SF

Building Size

110 SF

Asset Type

Development Site

Closing

Sep 16, 2025

AI

The development site located at 584 Taunton Street in Wrentham, MA, was sold for $10,175,000. The site encompasses 110 acres, reflecting its suitability for future development projects in the area.

Summary of transaction details:

The transaction involved multiple representatives from Cushman & Wakefield who acted on behalf of the seller. These individuals included Bruce Lusa, Christopher Sower, Mary VanNatta, Julie Regan, Ryan Mowery, and An Nguyen, showcasing a collaboration of expertise in handling the sale of this development site.

Players

Bruce Lusa

Cushman & Wakefield

Broker

$899.9M

vol

62 deals

Broker

Wrentham Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.56%

Cash-on-Cash

-0.45%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93