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: |
4/15/2024 |
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 $51,484 per year. Superb location near intersection of Route 128 & Route 102 (Nashua Road) as well as less than 2 miles from I-93 exit 4. This has VERY heavy traffic counts & is the major thoroughfare to get from I-93 Derry/Londonderry/Hudson area to the Route 3 Nashua area. Do not approach any of the tenants as this is a confidential offering.
|
Financials
| Finance Data Year |
2011 |
| Real Estate Taxes - Annual($) |
$12,006 (Annual) |
| Finance Data Year |
2010 |
| Real Estate Taxes - Annual($) |
$12,006 (Annual) |
| Finance Data Year |
2009 |
| Real Estate Taxes - Annual($) |
$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: |
2,821 |
32,865 |
78,990 |
| Median Age: |
38.2 |
39.34 |
39.68 |
| Households: |
1,046 |
11,980 |
28,847 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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