16+ Highly Developable Acres with Views

Vacant Land for Sale
Catylist Listing ID: 30873578
Property Subtypes: Multi-Family, Office, Residential (Single Family)
Gross Land Area: 16.57 Acres
Sale Price: $1,800,000
Unit Price: $108,630 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/9/2024

Overview / Comments

Highly developable parcel of land, consisting of open field and some wooded portions. Though the property is zoned business, the city is open to a housing project of a higher density on the site. Another project across the street obtained approvals for 107 units on approximately 7 acres buildable. Higher densities may require a zoning change. Seller is potentially willing to hold through the approvals process.

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Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Strafford
Tax ID/APN: 0134-0020-0000
Zoning: OFC
Property Located Between: Rochester Airport and Frisbee Hospital
Property Visibility: Good
Largest Nearby Street: Rochester Hill Road
Feet of Frontage: 820
Highway Access: Rochester Hill Road is NH 108 a secondary highway leading to Dover and Rochester proper, with access to the Spaulding Turnpike.
Airports: Rochester Airport is 3 mins to the south
Site Description: The soils in the fields are great for development, while the soils in the woods are wetlands, leaving the development to occur in the open field. Long frontage allows for potential multiple access points for a higher density development.
Area Description: Nestled in the vibrant community of Rochester, NH, the surrounding area of the property offers a mix of residential charm and commercial convenience. With its close proximity to the historic downtown district, residents can enjoy a variety of local shops, restaurants, and cultural attractions in an up and coming downtown. Additionally, located close to Frisbee Hospital, provides easy access to medical services. Outdoor enthusiasts will appreciate the nearby access to the beautiful natural landscapes of New Hampshire, including the nearby ocean, rivers, parks, and trails. Additionally, the property is conveniently located near major transportation routes and the Rochester Airport, providing easy access to employment centers outside of Rochester. Whether you're seeking a peaceful retreat or strategic investment opportunity, the location provides the perfect blend of suburban tranquility and urban connectivity for prospective land/residential investors.
Lot Frontage: 820
Lot Depth: varied
Zoning Description: Office Commercial
Topography: Gently Sloping
Soil Type: Mixed
Available Utilities: Electric, Water, Gas, Sewer, Cable, Broadband
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,244 29,294 57,245
Median Age: 42.43 40.18 39.87
Households: 1,202 12,062 22,880
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