Development Site on Route One

Vacant Land for Sale
Catylist Listing ID: 30164135
Property Subtypes: Hospitality, Industrial, Multi-Family, Office, Retail, Other
Gross Land Area: 2 - 3 Acres
Sale Price: $450,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/15/2019

Overview / Comments

This 2.56± acre site is located on heavily traveled Lafayette Road/Route 1 with 16,920± VPD (NHDOT 2015).

The lot is positioned on the southbound side of the road and slopes up to a nice flat area for a building. The site is serviced by Aquarion Water and a private septic design is approved for residential use.

Permitted uses include, but are not limited to, agriculture, motel, eating and drinking establishment, research and testing laboratory, office, animal hospital, place of worship, retail use, wholesale use, day care, and duplexes.

Financials

Finance Data Year 2017
Real Estate Taxes - Annual($) $0 (Annual)
Finance Data Year 2016
Real Estate Taxes - Annual($) $2,202 (Annual)

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Submarket/Township: Hampton/Seabrook
Tax ID/APN: 13-3-0
Zoning: IB/R
Property Located Between: Atlantic Ave and Hobbs Rd
Property Visibility: Excellent
Feet of Frontage: 247
Traffic/Vehicle Count: 16,920
Site Description: The lot is positioned on the southbound side of the road and rises up to a nice flat area for a building. The site is serviced by Aquarion Water and a private septic design is approved for residential use.
Lot Frontage: 247
Lot Depth: 203
Zoning Description: Permitted uses include, but are not limited to, agriculture, motel, eating and drinking establishment, research and testing laboratory, office, animal hospital, place of worship, retail use, wholesale use, day care, and duplexes.
Topography: Gently Sloping
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,635 18,035 41,934
Median Age: 47.83 47.21 45.36
Households: 716 7,656 17,558

Contact

Photograph of Listing Agent

David F. Choate, III

Colliers International NECPE Member
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