17,490 SF Approved Retail Property W/ 70 Ft of Frontage
Vacant Land
for Sale
| Catylist Listing ID: |
30870257 |
| Property Subtypes: |
Office, Retail, Retail-Pad
|
| Gross Land Area: |
1.96 Acres
|
| Sale Price: |
$449,000 |
| Unit Price: |
$229,081 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/10/2024 |
Overview / Comments
|
This Parcel is 1.96 Acers with a vested approval for a 17,490 SF of Retail Building at a lighted intersection. Approval was part of A PUD. Buyer can develop the property to be different than approved as well. North Merrimack has plenty of captive consumers and traffic count is increasing with the new highway exit going to the airport. Access is currently via Brunswick Rd.
|
Financials
| Finance Data Year |
2024 |
| Real Estate Taxes - Annual($) |
$1 (Annual) |
Additional Details
| Nearest MSA: |
Manchester-Nashua |
| County: |
Hillsborough |
| Tax ID/APN: |
000000000 |
| Zoning: |
C-2 |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Daniel Webster Hwy |
| Feet of Frontage: |
70 |
| Traffic/Vehicle Count: |
14,709 |
| Airports: |
Manchester Regional |
| Site Description: |
Land & Approvals, access is via Brunswick Rd |
| Lot Frontage: |
70 |
| Zoning Description: |
In recognition of the demand created by Merrimack's strategic location and continuing growth, commercial areas are hereby designated allowing for the establishment of retail businesses. A criterion in their location must be readily accessible to high traffic volume carrying facilities to allow not only for the stores and facilities themselves but also for parking, landscaping, and ancillary requirements as well. The primary function of this district use would be to serve a regional and/or local shopping and service need. |
| Part of Planned Development?: |
Yes |
| Development Name: |
Society Hill At Merrimack |
| Topography: |
Gently Sloping |
| Available Utilities: |
Electric, Gas |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
3,736 |
28,544 |
86,295 |
| Median Age: |
36.51 |
40.35 |
40.2 |
| Households: |
1,468 |
10,599 |
31,883 |
|
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