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

Property Image
SOLD
$10,175,000
Julie Regan
Christopher Sower
+ 3

Massachusetts

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Development Site110 SF
Sold 09/17/2025
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Property Image
SOLD

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

584 Taunton Street

See Similar Deals
Development Site110 SF
Sold 09/17/2025
Julie Regan
Christopher Sower
+ 3
Contact now

Summary

MASSACHUSETTS
Asset Type:Development Site
Price Per Square Foot:$92,500
Total Square Footage:110 SF
Transaction Type:Sale

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
62 deals$899.9M volume(617) 448-6308
BROKER

Christopher Sower
Cushman & Wakefield
79 deals$1B volume
BROKER

Julie Regan
Cushman & Wakefield
42 deals$491M volume
BROKER

Mary VanNatta
Cushman & Wakefield
42 deals$491M volume
BROKER

Ryan Mowery
Cushman & Wakefield
9 deals$116.5M volume(617) 204-4151
BROKER

An Nguyen
Cushman & Wakefield
9 deals$116.5M volume(951) 427-0985
BROKER

Details

SOLD
IMAGE: Christopher Sower, Bruce Lusa, Mary VanNatta, Julie Regan, An Nguyen & Ryan Mowery DATE: 9/17/2025 ADDRESS: 584 Taunton Street MARKET: Wrentham, MA ASSET TYPE: Development Site BUYER: Edgewood Development Company SELLER'S REP: Bruce Lusa, Christopher Sower (@CSower1), Mary VanNatta, Julie Regan, Ryan Mowery & An Nguyen- Cushman & Wakefield (@CushWake) SALE PRICE: $10,175,000 ACRES: 110

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$542,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$36,149.63
Cash-on-Cash Return-1.27%
Monthly Debt Service$48,234.69
Annual Debt Service$578,816.29