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$700,000

405 Shearer St Palmer, MA 01069

1.1 acres
Land

Property details

About 405 Shearer St

Perfect for investors or savvy buyers, this highly visible 1.13-acre parcel offers exceptional frontage—approximately 580 +/- feet—on both Thorndike Street (Route 32) and Shearer Street, with seamless access to Route 181 and the MA Pike. Zoned for Highway Business, the lot presents a wide range of development possibilities (see attached documents for permitted, special permit, and site plan approval uses). In 2023, the site was approved for an Adult Use Cannabis Establishment, and owners are willing to share conceptual drawings and site plans upon request. A land lease may also be considered. Buyers should perform their own due diligence with the Town of Palmer regarding permits and approvals.

Highlights

Home typeBusiness
StatusActive
(New)
Lot size1.13 Acres
MLS #73398744

Summary

  • List Price: $700,000
  • Lot: Level, Corner Lot, Cleared
  • Directions: Mass Pike to Palmer Exit, left onto Thorndike St route 32, lot is on the left
  • Lot Size: 1.13 Acres
  • MLS Number: 73398744
  • MLS Name: MLS Property Information Network
  • Office Name: eXp Realty
  • Office Phone: (888) 854-7493
  • Listing Agent: Scott Fontaine

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/3/2025, 12:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Nov 10, 2022
Home Sold
$500,000
Nov 10, 2022
Home Sold
$500,000

Tax history

We're sorry, we currently don't have tax history data for this listing.

History based on county public records data.

Nearby schools

4

Old Mill Pond

Public District PK-5

1.2 mi

4107 Main St

4

Granite Valley School

Public District 1-6

4.1 mi

21 Thompson St

6

Warren Elementary School

Public District PK-6

5.4 mi

51 School House Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $40,436. Typical income of Palmer, MA residents is less than $<35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

45%
<35k
40%
35k-100k
13%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

53%
Single, No Kids
14%
Single, with Kids
20%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
7%
12-17 yrs old
17%
18-34 yrs old
41%
35-64 yrs old
21%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Extreme SportsExtreme Sports
  • College FootballCollege Football

Where do the neighbors shop?

  • KmartKmart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Little CaesarsLittle Caesars
  • SonicSonic

What do the neighbors drive?

  • BuickBuick
  • ChevroletChevrolet
  • KiaKia

What do the neighbors listen to?

  • OldiesOldies
  • CountryCountry
  • New CountryNew Country
All data provided by Home Junction and Claritas

Frequently asked questions

About 405 Shearer St

The listing price of 405 Shearer St property is $700,000.

The property 405 Shearer St is land located in Palmer, Massachusetts, 01069.

Active Listing: 405 Shearer St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 405 Shearer St are: Old Mill Pond (GreatSchools Rating 4/10), Granite Valley School (GreatSchools Rating 4/10), Warren Elementary School (GreatSchools Rating 6/10), Ware Middle School (GreatSchools Rating 5/10), Paul R Baird Middle School (GreatSchools Rating 4/10), Wilbraham Middle School (GreatSchools Rating 6/10), Palmer High School (GreatSchools Rating 4/10), Pathfinder Vocational Technical (GreatSchools Rating 3/10), Monson High School (GreatSchools Rating 4/10).

The last sale was on November 10, 2022 for $500,000 (source: MLS/tax record).

The property 405 Shearer St is 1.13 acres.

This home is located at 405 Shearer St in Palmer, MA and zip code 01069. Features: 0 bathroom. It has been listed on Rocket Homes since July 1, 2025 and is currently priced at $700,000.

Over 8 listings were sold over their listed price in June 2025 in Palmer, MA. In the same period over 1 listings were sold below the listed price and 0 listings were sold for the listed price. The number of listings in Palmer, MA increased by 7.7% between May and June 2025. Listings spent 21 days on the market in June 2025, and had a median list price of $339,958 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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