Development site in Gateway - Pembroke Rd, Concord

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30327805
Property Subtypes: Hospitality, Office, Retail, Other
Status: Pending/Contingent
Gross Land Area: 10.80 Acres
Sale Price: $875,000
Unit Price: $81,018 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/8/2021

Overview / Comments

This property is located near the retail Gateway corridor of the east side of Concord. The site is flat and all utilities are available at the street. Allowable uses include Retail, Health and Fitness, Recreation Facilities, Service Uses, Medical, Hospitality, and Restaurants.
The property is now in current use.

Additional Details

Nearest MSA: Concord
County: Merrimack
Tax ID/APN: 9579
Property Located Between: Rt 106 and Pembroke Rd
Property Visibility: Excellent
Largest Nearby Street: Rt. 106
Feet of Frontage: 560
Highway Access: 100 feet from Rt 106 with easy access north to Rt 4, I 393 and I 93.
Airports: Concord, Manchester, Boston
Site Description: The site is flat with 560 +/- feet of frontage and roughly 1058 feet deep. It is located 100 feet from the intersection of Rt 106 and Pembroke Rd. There is a power line and water line beneath it near the front of the property. There is an estimate available to remove the lines from the property.
Area Description: This property is located in close proximity to the industrial parks on Chenell Dr, and Regional Drive as well as along Rt 106. To the north of the site is the largest retail area of Concord which includes the Steeplegate Mall as well as numerous strip centers featuring a variety of national tenants.
Lot Frontage: 560+/- Feet
Lot Depth: 1058 +/- Feet
Zoning Description: GWP-Gateway Performance
Topography: Level
Easements: Other
Easements Description: There is a R.O.W for a power line as well as a water line under it. They both cross the property near the frontage. An estimate is available to move the power line off site.
Soil Type: Sandy
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: 4,282 26,198 46,028
Median Age: 38.49 40.02 40.31
Households: 1,967 11,427 18,516


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