Commercial Development Site

Vacant Land for Sale
Catylist Listing ID: 30278941
Property Subtypes: Multi-Family, Office, Retail
Gross Land Area: 11.39 - 49.09 Acres
Sale Price: $445,000 - 1,250,000
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/9/2018

Overview / Comments

We are pleased to introduce 2 lots, 37.7± acres (Lot 207) and 11.4± acres (Lot 242), for sale separately or together. Combined, these lots offer 2,500'± of frontage on Route 111 with 13,000 VPD per NHDOT 2014.

Lot 207 has been previously approved for a 200 unit retirement community, 40 unit assisted living facility, 54 bed health care facility, and 24,000± SF medical clinic.

Lot 242 has been previously approved for a 40,000± SF retail strip center and 5,000± SF restaurant pad site or a 2,500± SF gas station/convenience store.

Site plans, conceptual plans, and previously approved documents are available upon request. Conditional approvals are in place with NHDOT for an access road from Route 111 to Frye Road with a signalized intersection.

Zoned Highway Commercial and Light industrial and serviced by a well and septic; a conditional agreement with Hampstead Area Water Company to provide water on-site is in place.

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Tax ID/APN: 004 0207/004 0242
Largest Nearby Street: Route 111
Feet of Frontage: 2,500
Traffic/Vehicle Count: 13,000
Highway Access: Off Route 111
Site Description: 2 lots for sale 37.7± acres (Lot 207) and 11.4± acres (Lot 242)
Lot Frontage: 2500
Zoning Description: Highway Commercial and Light Industrial
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 17,363 45,626
Median Age: 42.74 42.75
Households: 6,583 16,855


Photograph of Listing Agent

Hugo F Overdeput,CCIM

Colliers International NECPE Member
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