Entity Owned Property summary
A 12.62-acre land parcel zoned C-R is located in Weirs Beach within Laconia, New Hampshire, positioned directly across from a well-known landmark and situated within the T.I.F. district. The site includes a paved area of under 5 acres, with the remainder of the acreage wooded. C-R zoning allows for a range of commercial and residential uses, and the parcel has potential for subdivision. Development concepts referenced for the site include a resort hotel or condo project, and the property is configured in a way that could accommodate additional revenue uses through land, vendor, and event leases. Renderings are available for proposed development, and the parcel is suitable for further development under applicable zoning and district requirements.
Property profile
VerifiedCap rate & NOI
Current use
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Campground & RV Park
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Cinema Theater & Performing Art Venue
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Commercial Resort (CR) District. The Commercial Resort District is primarily intended to set aside areas where establishments catering to the dining, lodging and recreational needs of tourists or seasonal residents may b…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CR · Laconia, NHCommercial Resort (CR) District. The Commercial Resort District is primarily intended to set aside areas where establishments catering to the dining, lodging and recreational needs of tourists or seasonal residents may b…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
Commercial Resort (CR) District. The Commercial Resort District is primarily intended to set aside areas where establishments catering to the dining, lodging and recreational needs of tourists or seasonal residents may b…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CR in Laconia, NH.
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