Land at 405 Shearer St, Palmer MA 01069
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15 photos

$625,000

405 Shearer St, Palmer MA 01069
Palmer, MA 01069
Listed by Susan Como
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Commercial Land for Sale – Highway Business Zoned with Exceptional VisibilityPrime commercial development opportunity in a high-traffic Palmer, Massachusetts location. Zoned Highway Business, this property offers a wide range of potential uses for entrepreneurs, investors, developers, and established businesses seeking expansion or relocation opportunities.Positioned near the Massachusetts Turnpike interchange, this site benefits from excellent visibility and steady traffic counts generated by travelers, commuters, and nearby national retailers, including Starbucks and Jersey Mike's. Take advantage of an established commercial corridor in one of Western Massachusetts' growing business hubs.Palmer continues to attract attention from businesses and investors, with ongoing economic development and plans for expanded passenger rail service enhancing the area's long-term growth potential. This strategic location provides convenient access to major transportation routes, making it an attractive destination for retail, office, service, restaurant, and other commercial ventures.The seller previously obtained approvals for a 2,800-square-foot commercial building with parking, providing a valuable starting point for future development. However, buyers may wish to pursue their own vision and should verify all zoning requirements, permits, approvals, and intended uses with the appropriate municipal authorities.Whether you're looking to build a new business location, expand your commercial footprint, or invest in a high-visibility development site, this Highway Business-zoned parcel offers outstanding potential in a growing market.Buyer to perform all due diligence regarding zoning, permits, utilities, and intended use.

Property details

MLS
MLS Property Information Network
MLS #
73465475
Property type
Land
Subdivision
N/A
Status
Active
Days on market
289
On market date
January 5, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
1.05 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Old Mill Pond
1.24 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
621
Student:teacher ratio
12.2:1
District
Palmer
Middle
Ware Middle School
6.39 mi away · Grades 4-6
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
255
Student:teacher ratio
12.8:1
District
Ware
High
Palmer High
1.18 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
565
Student:teacher ratio
9.3:1
District
Palmer

Walkability

Blended score for Palmer's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

61
Walkable
out of 100
EPA National Walkability Index
9.0 / 20 -- Below average walkable
Google Places amenity density
85 / 100
Restaurants & cafes20
Grocery stores2
Parks4
Schools2
Transit stops9
Pharmacies4

Market position

How this listing compares to current activity in Palmer, from live MLS data.

On the market 289 days -- 168 more days than Palmer's current average of 121 days.
For reference, the median list price across 118 active listings in Palmer right now is $324,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$3,914/mo
$125,000 down
$500,000 loan
Principal & interest$3,243
Property tax (est.)$521
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated September 15, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.