123+/- Acre Land Site For Sale
Vacant Land
for Sale
| Catylist Listing ID: |
30853644 |
| Property Subtypes: |
Industrial, Multi-Family, Self Storage
|
| Gross Land Area: |
123 Acres
|
| Sale Price: |
$2,500,000 |
| Unit Price: |
$20,325 Per Acre |
| Sale Terms: |
Cash to Seller |
| Last Updated: |
4/24/2024 |
Overview / Comments
This property is currently zoned Industrial. It is comprised of four (4) lots totaling 123+/- acres. Access is off Exit 20, from I-93, approximately 1 mile east on Route 3/11 (Laconia Road).
The property is proximate to municipal water, municipal sewer and natural gas. The land was clear cut several years ago and is ready for development. The property abuts a 3M Manufacturing Facility to the East and the Winnipesaukee River runs along the South and West property line.
Another plus for this site is its rail access. There is an active rail spur that makes periodic deliveries to the 3M facility and there are several active prospects searching for 8 to 15 acre sites requiring rail. This location is the only site in Central New Hampshire with rail access. However, the current costs to upgrade the rail is costly and may require development of the entire property to make those upgrades viable.
The property came under ownership of Seven Points Development in 2006 and is a former John’s Manville property with two (2) properly capped and closed landfills of 5 and 18 acres (capped dry asbestos with a Brownfield Covenant not to sue, which is assignable) making this portion of the property a strong solar site, providing a source of renewable energy.
This property presents an excellent opportunity to master plan a mixed-use development in one of the most popular destinations in the Lake’s Region.
|
Financials
| Finance Data Year |
2023 |
| Real Estate Taxes - Annual($) |
$14,000 (Annual) |
Additional Details
| Nearest MSA: |
Laconia |
| County: |
Belknap |
| Taxing Authority: |
Tilton |
| Tax ID/APN: |
R22 073B |
| Zoning: |
INDUSTRIAL |
| Largest Nearby Street: |
Route 3/11 (Laconia Road) |
| Feet of Frontage: |
450 |
| Highway Access: |
I-93, Exit 20 |
| Site Description: |
The property is 123+/- acres of land, see overview description. |
| Area Description: |
Heavily traveled retail corridor for local residents and seasonal vacation travels visiting New Hampshire's popular Lake's Region. |
| Lot Frontage: |
450 |
| Zoning Description: |
Industrial Zone |
| Available Utilities: |
Electric, Gas |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
6,976 |
31,151 |
| Median Age: |
42.1 |
41.31 |
| Households: |
2,830 |
12,611 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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