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Property profile & analytics
OFF-MARKET Estimated value $545,000
Commercial real estate

76 Endicott N St Laconia, NH 03246-1952

3,111 SF 12.62 ac lot Built 1948
Entity Owned 9-yr Hold Absentee Owner Free & Clear
Property ID
US58-0349699
Property summary
AI-generated overview

This exceptional 12.62-acre parcel in Laconia, NH, presents a unique development opportunity. Located directly across from a highly recognizable New Hampshire landmark in the heart of Weirs Beach, this property boasts unparalleled visibility and is the largest C-R zoned land parcel in the area. Its prime location within the T.I.F. district allows for subdivision possibilities, opening doors to a variety of commercial and residential uses, as detailed in the attached permitted uses document. Imagine a resort hotel or condominium complex on this iconic site – conceptual renderings are available upon request. This property is ideal for a 1031 exchange. The site offers significant potential for year-round income generation through various avenues, including land leases, vendor leases, and event leases. Detailed financial information is available to qualified parties. While the paved area covers less than 5 acres, the remaining 7.62 acres are wooded, adding to the property's versatility. Attractive financing options are available, including 100% construction financing with interest-only payments for up to 5 years, offered by two major commercial banks. This is a truly exceptional opportunity to develop a landmark property in a high-demand location. Don't miss this chance to capitalize on this prime real estate.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1948
Construction FRAME
Total area 3,111 SF
Lot 12.62 ac (549,726 SF)
Zoning code CR
APN LACO M:162 B:252 L:12
UPID US58-0349699
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Baldi's Theater Mobile Home Park Campground & RV Park
  • Weirs Drive-In Theater Cinema Theater & Performing Art Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
$440k
Comparable Approach Comparable
$545k
Blend (final) Blend
$545k
Owner & transaction history
PATRICIA C BALDI
PATRICIA C BALDI
Zoning & alternative use
CR · Laconia, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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