Chance Pond Rd and Gilman St Lot

Vacant Land for Sale
Catylist Listing ID: 30840568
Property Subtypes: Hospitality, Residential (Single Family)
Gross Land Area: 163 Acres
Sale Price: $655,000
Unit Price: $4,018 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/2/2024

Overview / Comments

A rare chance to acquire an expansive 163 +/- acre wooded lot located in Franklin, NH. The property features two separate lots with a combined 325 linear ft of road frontage, two 50ft wide rights-of-way, & full access to city utilities. With selective tree clearing, this expansive property offers the potential to showcase breathtaking panoramic views of the White Mountains, creating an idyllic setting for potential development. Located in the Rural 1 and Commercial Industrial zones the possibilities for development are endless with a variety of uses including but not limited to; single-family subdivision, affordable housing, 55 + community, health care or long-term care facility and many other options. Located in an area that is currently seeing a rise in business and residential revitalization. In addition, the property is surrounded by a vast range of outdoor recreational activities, including Highland Mountain Bike Park, Ragged Mountain Resort, Mill City Whitewater Park, and Webster Lake, and Lake Winnipesaukee. Located within a mile of essential services and amenities, such as Franklin High School, Franklin Industrial Park, and Franklin City Hall, this property offers unbeatable convenience. Furthermore, the property is located just 12 miles from Laconia Regional Airport, 44 miles from Manchester-Boston Regional Airport, and only 88 miles from Boston, making commuting and airport access easy and convenient.

Financials

Finance Data Year 2023
Real Estate Taxes - Annual($) $183.44 (Annual)

Additional Details

Nearest MSA: Concord
County: Merrimack
Tax ID/APN: 99-0-403
Zoning: C
Site Description: Wooded lot
Lot Frontage: 450

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,155 11,026 14,099
Median Age: 34 40.54 40.93
Households: 829 4,312 5,619

Contact

Photograph of Listing Agent

Shannon Casey

Keller Williams Coastal and Lakes & Mountains Realty
NECPE Member
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