Development Land For Sale

Vacant Land for Sale
Catylist Listing ID: 30570486
Gross Land Area: 14 Acres
Sale Price: $2,300,000
Unit Price: $164,285 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/17/2020

Overview / Comments

Multifamily development or Senior living development opportunity on 14.73 acres just off of the Broad St Parkway. One of the last locations available in Nashua for large scale development. With a vacancy rate in Nashua of 0.5 percent, and the State finding itself in the midst of an affordable housing crisis, this collection of parcels, convenient to both the highway and downtown, is a can’t miss opportunity for an investor or developer who wants to take advantage of the current market. Property is in current use.

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Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: 00062-000102
Zoning: RC
Property Visibility: Good
Largest Nearby Street: Baldwin Street
Site Description: Wooded
Available Utilities: Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,061 76,925 125,194
Median Age: 35.65 39.04 39.26
Households: 7,142 30,789 49,078

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