Catylist ID:
#30536026
Development Site For Sale - Concord
Vacant Land
for Sale
Sale Pending/Contingent
| Catylist Listing ID: | 30536026 |
| Property Subtypes: | Hospitality, Multi-Family, Office, Retail, Other |
| Status: | Pending/Contingent |
| Gross Land Area: | 13.22 Acres |
| Sale Price: | $1,500,000 |
| Unit Price: | $113,464 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/15/2024 |
Overview / Comments
| This property is located at the entrance to the Gateway Zone on busy Loudon Rd and I 393. It has frontage on both Break O Day Dr. and I 393 with excellent visibility. Neighbors include Super Walmart and Sam's Club. The Gateway Zone allows Retail, Multi Family with Development Plan, Office, Medical and Hospitality among other things. The property has been surveyed, wetlands have been identified and a topography study has been completed. Municipal water and sewer are available at the site. Development in the past years has included retail, restaurants, groceries, and home improvement. |
Financials
| Finance Data Year | 2021 |
|---|---|
| Assessed Value - Total($) | $721,700 (Annual) |
| Real Estate Taxes - Annual($) | $20,048 (Annual) |
Additional Details
| Nearest MSA: | Concord |
| County: | Merrimack |
| Tax ID/APN: | 9696 |
| Zoning: | GATEWAY |
| Property Located Between: | I 393, Rte 106 and Loudon Road |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Loudon Road |
| Feet of Frontage: | 720 |
| Highway Access: | Take I 93 to Exit 15 E to I 393. Proceed to the exit ramp at Rt 106 S and take the first right onto Loudon Rd. The property is on the right at the intersection with Break O Day Dr. |
| Airports: | Concord, Manchester, Boston |
| Site Description: | This property is located at the corner of Loudon Rd and Break O Day Dr. It has 720+/- ft of frontage on I 393 at the exit ramp for Rt 106 as well as 700+/- ft on Break O Day Dr. It is in the Gateway Zone and appropriate for Retail, Multi Family with Development Plan, Office, Medical and Hospitality among other things. |
| Area Description: | The Gateway to Concord from the east, this area is developed with major retail including national chains and restaurants, Super Walmart, Sam's Club, Home Depot, Target, and more. Loudon Rd is the major road leading to Concord's downtown and is the site of a number of housing developments, multifamily and condominiums, office, retail and other commercial uses. It is also a short distance to Concord's largest industrial/office park and the Airport. |
| Lot Frontage: | 720 ft on I 393 and 700 Ft on Break O Day Dr. |
| Zoning Description: | Gateway - Retail, Multi Family (Development Plan Required), Medical Office, Professional Office, Hospitality, Day Care, Entertainment Facility, Indoor Recreation, Private Health Club, Restaurants, Drive Thru Restaurants, and Retail Gasoline Sales. |
| Topography: | Hilly |
| Soil Type: | Other |
| Available Utilities: | Electric, Water, Sewer, Cable, Internet Access |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 1,848 | 15,102 | 44,085 |
| Median Age: | 41.99 | 40.15 | 40 |
| Households: | 896 | 6,363 | 17,699 |
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