Two Industrial Parcels for Assemblage and Development Purposes

Vacant Land for Sale
Catylist Listing ID: 30384163
Property Subtypes: Industrial
Gross Land Area: 32.12 Acres
Sale Price: $1,550,000
Unit Price: $48,256 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/17/2019

Overview / Comments

Two industrial-zoned parcels totaling 32.12+/-acres available for sale as an assemblage for large-scale industrial building development. These vacant abutting tracts are located within the high-quality industrial park along Akira Way. The parcel assemblage benefits from extensive road frontage along Akira Way having direct access to public water, sewer, electric and natural gas utilities. Topography is mostly wooded and slopes up gradually from west to east, with some wet areas evident. Larger component parcel is in Current Use. This is a rare commodity in the local marketplace surrounding the Manchester-Boston Regional Airport, being large acreage having access to all utilities that is conceptually engineered to be capable of supporting upwards of 205,000 SF of industrial building development! The combined asking price for the assembled acreage is considered to be very reasonable at $1,550,000, or only about $7.55/SF of potential building area!

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Tax ID/APN: 17/2 & 28/31-6
Zoning: INDUSTRIAL-II (IND-II)
Property Visibility: Good
Feet of Frontage: 509
Highway Access: adequate
Site Description: Two vacant abutting tracts of industrial development land. Slopes up gradually from west to east and is mostly lightly wooded with some wet areas evident.
Lot Frontage: 509
Zoning Description: Manufacturing, distribution, office, R & D, etc.
Topography: Gently Sloping
Easements: Other
Easements Description: See survey plans
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 963 31,911 129,387
Median Age: 41.89 38.85 37.91
Households: 405 12,812 51,154

Contact

Photograph of Listing Agent

Judy Niles-Simmons

NAI Norwood Group NECPE Member
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