50 Ac Great Gentleman's Farm, Religious or Education dev.

Vacant Land for Sale
Catylist Listing ID: 30269716
Property Subtypes: Agricultural, Residential (Single Family), Other
Gross Land Area: 50 Acres
Sale Price: $699,000
Unit Price: $13,980 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/21/2018

Overview / Comments

50 acres of Residential Land with $48,000 per year in income! This 50 Acre site has almost 2,500 feet of frontage on the Suncook River and religious and educational uses are allowed by right. The gently rolling topography is ideal for a religious, educational or private compound, or for a community of new homes each with some nice privacy. Buyers have a short walk to the river where they can drop in a canoe or kayak. Site offers a nice long ridge which overlooks the river. Great site for for adding horse trails. There are 5 income-producing mfd. homes generating over $48,000/yr. They are all tucked into a corner of the property. We have boundary and topography plans in hand.

Attachments & Media

Additional Details

Nearest MSA: Concord
County: Merrimack
Tax ID/APN: 266/151
Zoning: R-1B
Largest Nearby Street: Buck St.
Highway Access: Buck St. to Dearborn to Route 3
Airports: Manchester-Boston Regional Airport, Logan and Pease International Airports
Site Description: Topography and boundary survey in hand. A portion of the site is gently rolling, with a long ridge overlooking the Suncook River, and a portion of the site is in the flood plain.
Lot Frontage: 280' plus 40' ROW + 140'
Zoning Description: Uses allowed by right include single family and 2 family homes, Open Space residential development, churches, schools, agriculture and daycare/pre-schools. The full list of uses is attached.
In Flood Plain?: Yes
Topography: Undulating
Available Utilities: Electric, Water
Water Service: Municipal
Sewer Type: None

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,976 13,744 28,055
Median Age: 40.38 40.69 41.16
Households: 1,693 5,448 11,110

Contact

Photograph of Listing Agent

Ralph Valentine, CCIM

The Valentine Group
NECPE Member
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