The subject property is the location of the former Phillips School situated within the city of Norton Shroes. Current zoning is SUD (Special Use District). The property is comprised of 5+ acres improved with a 42,000 SF school building. The building has not been occupied since at least 2010 and is in a state of disrepair. The value is in the land, which could be redeveloped for a variety of uses. Potential uses include residential development (with approval from the municipality). Brownfield incentives could be available for site clearing/demolition activities associated with redevelopment of the parcel.
