Commercial Development Opportunity Lot 32-1 - New Boston
Vacant Land
for Sale
| Catylist Listing ID: |
30869898 |
| Property Subtypes: |
Industrial, Self Storage, Other
|
| Gross Land Area: |
5.38 Acres
|
| Sale Price: |
$400,000 |
| Unit Price: |
$74,349 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/24/2024 |
Overview / Comments
|
Major frontage on Chestnut Hill Road in New Boston on partially cleared lot. Property has been conditionally approved for two 6,000SF commercial buildings. Property is zoned commercial and has recently been upgrade to also include research and development along with light industrial uses by right. Only nine miles to I293. This lot has conditional approval granted 3/2/21 by New Boston Planning Board to construct two 4-unit, 6000 sf general service commercial buildings. Survey and soil tests are available. Several adjacent lots are also available with the potential total of over 27 acres of land. Buyer to do their own due diligence with regards to town permitting requirements.
|
Financials
| Finance Data Year |
2024 |
| Real Estate Taxes - Annual($) |
$2,625 (Annual) |
Additional Details
| Nearest MSA: |
Manchester-Nashua |
| County: |
Hillsborough |
| Tax ID/APN: |
15-32-1 |
| Zoning: |
COMMERCIAL |
| Property Visibility: |
Excellent |
| Feet of Frontage: |
307 |
| Site Description: |
Partially cleared wooded lot. |
| Lot Frontage: |
307 |
| Zoning Description: |
Commercial including light industrial and research and development by right. |
| Easements: |
Utilities |
| Easements Description: |
Power line |
| Water Service: |
None |
| Sewer Type: |
None |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,347 |
11,381 |
47,921 |
| Median Age: |
44.07 |
41.56 |
39.79 |
| Households: |
454 |
3,722 |
16,061 |
|
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