24 LaBombard Road Lebanon, NH 03766

This 50-acre property is located just 3 miles from Dartmouth Medical Center and Centerra Business Park. A 3-acre building envelope is zoned Light Industrial. The current zoning is Ind-L, allowing for office, R&D, and light industrial uses by right, with a 65 ft height limit and 50% building coverage. The property includes a 2-bedroom house and barn, set back from the road to enhance privacy and views. The remaining 47 acres are under a conservation easement, and lot coverage can potentially reach up to 100% by utilizing the conservation land for required ratio and open space. This also provides timber reserves, open space nature trails, and a pristine nature setting. The site is within walking distance to schools, downtown, and an adjacent regional bus terminal. Located in Lebanon, a biotech and medical hub, the property is positioned in an area with high income and a highly educated population, near infrastructure, retail services, and recreational amenities. The property is westerly sloping. General Commercial zoning was anticipated but postponed to spring 2027 due to concerns about overbuilding multi-family rentals. Master plan and staff comments indicate a consensus for GC zoning, which would allow for hotel, multi-family, and retail uses. A hotel may be possible via a Planned Business Park in conjunction with an abutter or by petition to rezone or amend uses to the current zone. The property is conforming to the master plan and generally endorsed by planning staff.