Listing

24 Labombard Rd

LandOfficeHospitality

24 Labombard Rd, Lebanon, NH 03766

3 photos
Land For Sale
Asking
$995,000
Available
50 Acres
Listing Details
Type
Sale
Status
Active
Asking Price
$995,000
Price/SF
$0.46/SF
Cap Rate
3.02%
List Date
Jul 14, 2025
Available
Jul 14, 2025
Days on Market
462
Financing Available
No
Sale Investment
YES
Sale NOI
$30,000
Sale Gross Income
$30,000
Owner Occupied
Yes
Showing Instructions
Call Broker
Last Verified
Aug 17, 2026
Agent Ownership Interest
No

50 ac. with 3 Ac envelope. 2 miles to DHMC

50 Acres just 3 miles to Dartmouth Medical Center and Centerra Business Park (built out). 3 Acre building envelope zoned Light Industrial. General Commercial zoning was anticipated to be approved, but was postponed to spring 2027 due to concern of overbuilding of MF rentals. Master plan, staff and board comments indicate a consensus for GC (hotel, MF, retail) Current zone is Ind-L (65 ft height, 50% building coverage). Uses by right: office/R&D/Light Ind. Possible hotel via Planned Bus Park in conjunction with abutter or or by petition to rezone or amend uses to current zone. Would be conforming to master plan and generally endorsed by planning staff. Due to the delay, price is drastically reduced. Remaining 47 acres under conservation easement. Lot coverage can potentially be up to 100% with use of conservation land for required ratio and open space. Also provides timber reserves, open space nature trails, pristine nature setting, etc. Walk to schools, downtown, and adjacent regional bus terminal. 2 BR house and barn. Set back from road for privacy and enhanced south and west views. Lebanon/Hanover is a biotech/medical hub from Dartmouth spin-off companies, Housing study calls for 4000 additional units. Average 2BR rent is $2800. Median Home Value Hanover $988k. High income, highly educated population. in the path of growth, with infrastructure, retail services and recreational amenities nearby. (golf, ski, lakes) Westerly sloping. Few development opportunities in this market due to limited zoning and town utilities, site challenges. Lebanon was named by Forbes in 2008 as the number one least vulnerable mid-size city in the US. back on market, motivated seller open to offers

Space Details

Available
50 Acres
Property Highlights
Type
Land · Office
Acreage
49.9 Acres
Zoning
gc1
County
Grafton
Contact
JP
James P. WardPrimary
Equity Group Realtors
Location