Commercial Lot on Busy Loudon Road

Vacant Land for Sale
Also listed as Office
Catylist Listing ID: 30623605
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad, Self Storage
Gross Land Area: 0.82 Acres
Sale Price: $1,150,000
Unit Price: $1,402,439 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/23/2020

Overview / Comments

A rare opportunity to develop a highly desirable piece of commercial land right in the middle of all the action on Loudon Road in Concord.

Subject property abuts a very successful McDonalds restaurant, and is near major retailers such as Mobil, Wendy’s, 7-Eleven, Dunkin' Donuts, Starbucks, Aroma Joe’s, Taco Bell, Long John Silver Olive Garden, Chilis & Pizza Hut.

Current zoning is General Commercial, which allows for a wide variety of possible uses including retail, service-oriented businesses, banks, food uses and small multifamily development.

This portion of Loudon road has traffic counts in excess of 18,000 cars per day, and trade area demographics are impressive!

The site provides great visibility along with the opportunity for high-impact signage, subject to municipal approvals. Municipal water, sewer and natural gas serve the site.

Conceptual plans reference a +/- 3695 square foot, single story building with double drive thru windows-an ideal bank location or restaurant establishment with 2 drive up windows to serve their customers while practicing social distancing guidelines!

Additional Details

Nearest MSA: Concord
County: Merrimack
Tax ID/APN: 631/Z5
Property Located Between: Ormond Street & Pembroke Road
Property Visibility: Excellent
Highway Access: Minutes to Exit 14, Route 93
Airports: Concord Municipal Airport
Site Description: Level rectangular lot on busy Loudon Road in Concord NH next to McDonalds.
Lot Frontage: 130
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,941 26,581 49,930
Median Age: 33.58 39.7 40.02
Households: 2,140 11,763 20,181
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