Industrial Land For Sale

Vacant Land for Sale
Catylist Listing ID: 30552537
Property Subtypes: Agricultural, Hospitality, Industrial, Mobile Home Park, Office, Retail, Retail-Pad, Vacation/Resort, Other
Gross Land Area: 78 Acres
Sale Price: $3,400,000
Unit Price: $43,589 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/15/2021

Overview / Comments

This is a site that has all the cards playing in its favor. It is located less than a 1/4 mile from Exit 7 on the Spaulding Turnpike (Rt 16), which provides access to Portsmouth and points south in less than 15 minutes. The site has great accessibility to downtown Dover and to nearby Durham, NH which is home to the University of New Hampshire, one of the leading research Universities in the country. The site itself is a large open field, with surrounding woods and a topography that is not completely level, but does have a gentle dome with slight variations in topography. The property has been re-zoned to industrial, and the city is seeking industrial development to create jobs. There are nearly 1,000 new housing units with approximately 400 built, less than 200 in construction, and another 400 plus in planning in Dover, which provides for adequate housing for any new employees, or any new employers. The site is surrounded by other industrial and commercial, with two other established Industrial parks across the street. The property has had extensive engineering completed, including survey, topography, wetlands, soils, test pits etc. There are a few concept plans that have also been completed for various sized facilities from 20,000 to 300,000 square feet.

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Strafford
Taxing Authority: Dover
Tax ID/APN: G0029-000000
Zoning: I-4
Property Located Between: Route 16 & Route 4
Property Visibility: Excellent
Legal Description: BK 4589 PG 271
Largest Nearby Street: Route 9
Traffic/Vehicle Count: 14,000
Highway Access: Route 16 NH Spaulding Turnpike - Immediate access to exit 7
Airports: Portsmouth International
Site Description: Large site now cleared for the majority of it. It has a slight dome with gradual topography on the front half of the property, and the back half has a combination of uplands and wetlands providing approximately half of the back area as buildable. Test pits have been completed along with Soils, and wetlands are a small percentage of the property overall. The site has had a significant amount of engineering completed, with some concepts complete. The site has two areas of frontage, both of which could potentially provide access.
Area Description: Route 9 (Littleworth Road) is the main access from the Dover area out to Barrington. It has roughly 14,000 VPD, Across the street are two industrial parks, one older and one somewhat newer. The location is close to Dover proper, and is only minutes from the turnpike. It is part of the greater Seacoast NH which includes Portsmouth and the area beach communities.
Lot Frontage: Two sections 217 & 200
Lot Depth: Varied
Zoning Description: Industrial
Topography: Level
Easements: Other
Easements Description: Sewer easement on the far back side of the property. Cemetery Easement with all associated title work completed.
Soil Type: Mixed
Available Utilities: Electric, Water, Gas, Sewer, Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,090 36,512 64,808
Median Age: 32.18 34.26 35.08
Households: 1,421 14,041 24,085
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