Commercial Development Land Parcel on Route 102

Vacant Land for Sale
Catylist Listing ID: 1835385
Property Subtypes: Hospitality, Office, Retail, Retail-Pad, Self Storage, Other, General
Gross Land Area: 23 Acres
Sale Price: $1,950,000
Unit Price: $84,782 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/16/2017

Overview / Comments

23 +/- acres on Route 102 - Much of land already cleared and flat. There are currently 2 tenants (month-to-month) that bring in $51,484 per year. Superb location near intersection of Route 128 & Route 102 (Nashua Road) as well as less than 2 miles from I-93 exit 4. This has VERY heavy traffic counts & is the major thoroughfare to get from I-93 Derry/Londonderry/Hudson area to the Route 3 Nashua area. Do not approach any of the tenants as this is a confidential offering.

Attachments & Media

Financials

Finance Data Year 2011
Real Estate Taxes - Annual($) $12,006 (Annual)
Finance Data Year 2010
Real Estate Taxes - Annual($) $12,006 (Annual)
Finance Data Year 2009
Real Estate Taxes - Annual($) $12,006 (Annual)

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Tax ID/APN: Map 003, Block 130
Zoning: C-1, RT. 102 POD
Market Type: Large
Property Located Between: Located near intersection of Routes 102 & 128
Side of Street: Southeast
Road Type: Paved, Highway
Property Visibility: Excellent
Largest Nearby Street: Route 102
Feet of Frontage: 595
Traffic/Vehicle Count: 19,000
Transportation: Highway, Airport
Highway Access: Less than 2 miles from I-93
Airports: Manchester-Boston Regional Airport
Site Description: 23 +/- acres on Route 102 - Much of land already cleared and flat. There are currently 2 tenants (month-to-month) that bring in $51,484 per year. Superb location near intersection of Route 128 & Route 102 (Nashua Road) as well as less than 2 miles from I-93 exit 4. This has VERY heavy traffic counts & is the major thoroughfare to get from I-93 Derry/Londonderry/Hudson area to the Route 3 Nashua area. Do not approach any of the tenants as this is a confidential offering.
Area Description: Property is located on the south side of Route 128 next to new Walgreens and Bank of America facilities. Located less than 2 miles from I-93 and almost on the corner of Route 128 (Mammoth Rd.) and Route 102 (Nashua Rd.).
Lot Frontage: 595
Lot Depth: 1855
Zoning Description: C-1, Route 102 Performance Overlay District. Zoning details available upon request.
Topography: Level
Available Utilities: Electric, Water, Gas, Cable

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,419 33,948 74,037
Median Age: 40.77 39.1 39.74
Households: 1,714 12,769 27,086
© Copyright New England Commercial Property Exchange. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.