Single Family Lot Development Opportunity

Vacant Land for Sale
Catylist Listing ID: 30093159
Property Subtypes: Residential (Single Family)
Gross Land Area: 47.50 Acres
Sale Price: $335,000
Unit Price: $7,052 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/16/2019

Overview / Comments

Conditionally approved 16 lot sub-division. This is a “nearly” shovel ready project with almost all state and local approvals obtained for a builder/developer to control lots with great access to the State’s capital. Large 47.5 acre parcel with 1/3 generally flat to Pembroke Street. Balance of the parcel slopes down to a lowland and eventually to the Merrimack River. Some of the parcel is forest land, which could be harvested. 4 miles to Concord, 12 miles to Manchester, and quick access to major highways such as I93, I89, Route 3, Route 101, Route 28, and more.

Attachments & Media

Additional Details

Nearest MSA: Concord
County: Merrimack
Submarket/Township: Concord
Tax ID/APN: 565-0055-000-000
Zoning: R-1A RESIDENTIAL
Property Located Between: Bow Lane and Church Raod
Property Visibility: Excellent
Largest Nearby Street: Bow Lane
Feet of Frontage: 212
Highway Access: I89 and I93 access 4+/- miles north
Airports: MHT
Site Description: Large 47.5 acre parcel with 1/3 generally flat at road level. Balance of the parcel slopes down to the "farmland" and the river.
Lot Frontage: 212
Topography: Other
Easements Description: Main sewer line, A Right of Way Agreement with Northwestern Gas Transmission, & electric transmission lines.
Available Utilities: Electric, Water, Gas, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,241 12,826 41,678
Median Age: 38.23 41.2 40.22
Households: 1,211 5,187 17,554

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