Newly Approved Subdivision Development Opportunity
Vacant Land
for Sale
| Catylist Listing ID: |
30835123 |
| Property Subtypes: |
Residential (Single Family)
|
| Gross Land Area: |
13.11 Acres
|
| Sale Price: |
$765,000 |
| Unit Price: |
$58,352 Per Acre |
| In Opportunity Zone? |
Yes |
| Sale Terms: |
Undisclosed |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/17/2023 |
Overview / Comments
|
Attention builders! This newly approved 18-unit subdivision, "Greenhouse Commons", offers an excellent opportunity to bring new inventory to the market for 2023. This well designed subdivision is situated on 13.11 acres and will have 9 condex lots, surrounded by common open-space land for excellent privacy. Homes will be serviced by public water and sewer, and have access to natural gas. Conveniently located near shopping, schools and major routes, yet tucked away and off of the main street, adding to the appeal. Help bring inventory to this strong seller's market in Somersworth, where 194 residential units sold in 2022, and less than 5 residential units are currently available on the MLS today! Lot lines are not exact, for illustrative purposes only.
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Additional Details
| Nearest MSA: |
Boston-Cambridge-Newton |
| County: |
Strafford |
| Tax ID/APN: |
15 16A |
| Zoning: |
R2 |
| Site Description: |
Attention builders! This newly approved 18-unit subdivision, "Greenhouse Commons", offers an excellent opportunity to bring new inventory to the market for 2023. This well designed subdivision is situated on 13.11 acres and will have 9 condex lots, surrounded by common open-space land for excellent privacy. Homes will be serviced by public water and sewer, and have access to natural gas. Conveniently located near shopping, schools and major routes, yet tucked away and off of the main street, adding to the appeal. Help bring inventory to this strong seller's market in Somersworth, where 194 residential units sold in 2022, and less than 5 residential units are currently available on the MLS today! Lot lines are not exact, for illustrative purposes only. |
| Lot Frontage: |
60 ft |
| Development Name: |
Greenhouse Commons |
| Topography: |
Level |
| Available Utilities: |
Water, Gas, Sewer |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
6,115 |
25,152 |
59,969 |
| Median Age: |
34.19 |
38.25 |
38.22 |
| Households: |
2,497 |
9,925 |
24,462 |
|
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