50 Acres Development
For Sale
$995,000
24 Labombard Road, Lebanon, NH 03766
50 acres near Dartmouth Medical Center, zoned for commercial/multifamily.
Property Size1,400 SF
Lot Size50.00 Acres
Price / SF$710.71
Days on Market228
Property Features for 24 Labombard Road
General Information
Standard status
Active
Size
1,400 SF
Lot size
50.00 Acres
Property subtype
Commercial
Zoning
Gc-1
Taxes and HOA fees
Annual Taxes
$9,437
Building Details
Year Built
1977
Listing Agency:
Equity Group Real Estate Broker Inc.
Listed By:
James Ward · License #4786
(603) 448-8000
Source:
Churchillprop
Added: Mar 11
Changed: Oct 10
Last Checked: Oct 23 at 5:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Equity Group Real Estate Broker Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 50-acre property includes 8 acres zoned for commercial and multifamily use within a 3-acre development envelope. Located 3 miles from Dartmouth Medical Center and Centerra Business Park, it offers convenient access to downtown, schools, and an airport shuttle. AI projections suggest potential for up to 200 units or 100,000 square feet with surface parking. Permitted uses include hotel, research and development, industrial, and multifamily housing, subject to planning board review. The zoning allows for a 55-foot height and 30% lot coverage, with dual-use parking to maximize build-out potential. The area is home to Dartmouth spin-off companies in the medical, biotech, and pharmaceutical sectors. A housing study indicates a need for 4,000 additional units. This rare, close-in location includes existing utilities. It is 5 miles from Hanover and Dartmouth College. The average 2-bedroom rent in the area is $2,800, and the median home value in Hanover is $988,000. The property is situated in an area experiencing growth, with a need for proper infrastructure, retail services, and recreational amenities. The land has a westerly slope and includes an existing 3-bedroom house. Additional land is available for timber, open space, and green space. The city was named by Forbes in 2008 as the number one least vulnerable mid-size city in the US.
Key Highlights
- 8 Acres zoned Commercial/Multifamily in a prime location.
- Rare close‑in location with utilities, just 3 miles to Dartmouth Medical Center and Centerra Business Park.
- AI projected up to 200 units or 100,000 sf with surface parking.
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Location Intelligence
Trade Area within ½ mile
196
Businesses Nearby
Explore this area
Business Placement
Demographics for 03766, NH
9,838
Population
5,346
Households
1.8
Avg Household Size
39
Median Age
55%
College-Educated
95%
High-School Grad
32.0 sq mi
ZIP Area
307
Density / Sq Mi
$96,642
Median Household Income
$53,441
Median Earnings
$1,860
Median Rent
$348,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Commercial land - 50 acres near Dartmouth Medical Center, zoned for commercial/multifamily.
Where is this commercial land located?
The property is located at 24 Labombard Road Lebanon, NH.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 8 Acres zoned Commercial/Multifamily in a prime location.; Rare close‑in location with utilities, just 3 miles to Dartmouth Medical Center and Centerra Business Park.; AI projected up to 200 units or 100,000 sf with surface parking.
