Catylist ID:
#30500627
HUGE PRICE REDUCTION OF LARGE DEVELOPMENT PARCEL!
Vacant Land
for Sale
Also listed as Multi-Family
| Catylist Listing ID: | 30500627 |
| Property Subtypes: | Multi-Family, Other |
| Gross Land Area: | 16.76 Acres |
| Sale Price: | $1,600,000 |
| Unit Price: | $95,465 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 9/21/2020 |
Overview / Comments
|
This large parcel of land is located minutes to new shopping center on Loudon Road and Steeplegate Mall. A new City water line was recently installed down Old Loudon Road and new intersection was created when the new 22,841 Square Foot strip mall was built named Carrier Place. There is a vacant former 5-unit building that currently exists on the property. Many uses allowed - IDEAL FOR 55 and over Community / Senior Living Community. |
Attachments & Media
Additional Details
| Nearest MSA: | Concord |
| County: | Merrimack |
| Tax ID/APN: | 611/Z 32/// |
| Zoning: | RM - MEDIUM DENSITY RESIDENTIAL DISTRICT |
| Property Located Between: | Immedicately off of Loudon Road |
| Property Visibility: | Good |
| Feet of Frontage: | 580 |
| Highway Access: | Minutes to Loudon Road, Routes 9, 202 and 106 and Interstate 93, 393 and 89. |
| Site Description: | Large level parcel of land. Approximately 13.4 buildable acres. Many uses allowed but not limited to single family, duplex or two family, cluster development, planned unit development, IDEAL for multifamily units for the elderly including congregate dwelling units, elementary and secondary schools, adult day care, child care and churches/places of worship, privately owned recreational facilities, equestrian centers, veterinary hospitals by special exception and many more. Conceptual plans were created in 2003 showing 168 units for a Senior Living Community. Wetland mapping was done in 2003 with boundary survey performed in 2002. |
| Lot Frontage: | 580 |
| Zoning Description: | RM -MEDIUM DENSITY RESIDENTIAL DISTRICT See attached zoning information |
| Topography: | Level |
| Water Service: | Municipal |
| Sewer Type: | Septic |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 3,532 | 24,944 | 43,048 |
| Median Age: | 38.94 | 39.42 | 39.94 |
| Households: | 1,692 | 11,096 | 17,323 |
Contact
Wendy E. KeelerFairway Real Estate, LLCNECPE Member |
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