60 Acre Development Parcel at 174 Farmington Rd, Rochester NH

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30630501
Property Subtypes: Industrial, Office, Retail, Self Storage, Other
Status: Pending
Gross Land Area: 60 Acres
Sale Price: $369,000
Unit Price: $6,150 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/20/2020

Overview / Comments

Terrific development opportunity on Rt 11 (Farmington Rd) in Rochester, NH. The 60 ± acre parcel has 580± feet of frontage and is only 2 miles from the intersection of Route 202 and Route 16 (Spaulding Turnpike). It is less than 1 mile from the Walmart and the Ridge Marketplace retail hub. The Ridge Marketplace has the following tenants: Market Basket, Marshalls, Old Navy, Starbucks, Stonewall Kitchen, Petco, Famous Footwear, ULTA Beauty, Hobby Lobby, and others.

Currently, there is a single family house on the property and the land was recently cleared and leveled for development. There is a conceptual drawing showing two buildings, one 14,400 ± SF two-story retail building and the other a 5,400 ± SF flex building,

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Strafford
Tax ID/APN: 1111
Zoning: GRD - GRANITE RIDGE DEVELOPMENT ZONE
Property Visibility: Excellent
Feet of Frontage: 580
Traffic/Vehicle Count: 17,000
Highway Access: It's on Rt 11 and 2 miles from Route 202 and Route16 (Spaulding Turnpike)
Airports: Manchester-Boston Regional Airport
Site Description: 60 ± acre parcel with 580 ± feet of frontage along Farmington Road/Route 11. The site was recently cleared and leveled for development. There is a conceptual drawing showing up to 19,800 ± SF of commercial development. Current septic and well City water available on Farmington Road.
Area Description: The site is only 2 miles from the intersection of Route 202 and Route16 (Spaulding Turnpike) and less than 1 mile from Walmart & the Ridge Marketplace retail hub.
Lot Frontage: 580 feet
Zoning Description: GRD - Granite Ridge Development Zone
Topography: Level
Available Utilities: Electric, Water, Sewer, Internet Access
Water Service: Municipal, Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 12,224 32,980
Median Age: 40.93 40.13
Households: 5,116 13,275
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