5 Acre Development Opportunity

Vacant Land for Sale
Catylist Listing ID: 30590270
Property Subtypes: Hospitality, Office, Retail, Self Storage, Other
Gross Land Area: 5 Acres
Sale Price: $499,000
Unit Price: $99,800 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/18/2020

Overview / Comments

This site offers visibility to Interstate 93 (371' FRONTAGE on 93) for business signage and possibly a building, if constructed tall enough. There is 371’ frontage on 93. Site was previously approved for a 3-story, 93,000 sf of self-storage facility. Zoning allows many uses by right including hotel, retail, office, assisted living, wholesale establishment, garages, motor fuel dispensing station, restaurant, private schools. Wireless communication allowed by special exception. Municipal water is close by. This 5-ac. corner lot has 371’ frontage on I-93, 550’ frontage on 3A and 550’ frontage on Cross St. The sloping topography allows for first floor walk-out/drive-under to 3A. Small single family home on the lot generate $1,500 month rental income.

Attachments & Media

Additional Details

Nearest MSA: Concord
County: Merrimack
Tax ID/APN: 0017-0037
Zoning: COMMERCIAL
Property Visibility: Excellent
Legal Description: RCRD 3340/187
Largest Nearby Street: Route 3A
Highway Access: Easy access to Interstate 93
Airports: Manchester-Boston Regional Airport
Site Description: Site sits between 3A Interstate 93, with frontage on Cross St. There is a flat area for development; site it slopes up from 3A to 93 creating a drive-under / walk-out opportunity to Route 3A..
Lot Frontage: 371' on 93, 370' on 3A and 550' on Cross St.
Lot Depth: 550' depth along Cross St from 3A to 93
Zoning Description: Commercial
Topography: Other
Easements: Other
Available Utilities: Electric

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,471 21,342 60,599
Median Age: 42.92 38.94 38.87
Households: 517 8,555 25,169

Contact

Photograph of Listing Agent

Ralph Valentine, CCIM

The Valentine Group
NECPE Member
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