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: |
9/3/2024 |
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.
|
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 |
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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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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