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    Vista Ridge Dr Londonderry, NH 03053

    Sponsored
    For Sale
    Contact for pricing

    3,000 SF Mixed-Use Development Opportunity

    Property size:
    3,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3,000± square foot mixed-use pad site in Londonderry, New Hampshire, presents a unique investment opportunity. Located at Vista Ridge Dr, 03053, this property is zoned for mixed-use commercial development and is ideally suited for a bank, given its existing subtype designation. The site allows for a build-to-suit or build-to-lease arrangement, or outright sale and ground lease options are also available. A proposed building design incorporates a convenient two-lane covered drive-thru, enhancing functionality and customer experience. This highly visible location benefits from exceptional accessibility, directly off Exit 5 of I-93, boasting an impressive 17,719± AADT (Annual Average Daily Traffic) based on 2022 NHDOT data. The overall I-93 corridor sees a significantly higher traffic volume of 72,725± AADT. The property's strategic positioning is further enhanced by its proximity to a new medical office building slated to begin construction in Summer 2024. Confirmed tenants for this adjacent building include NH Orthopaedic and Apple Therapy Services, creating a synergistic environment and attracting a high volume of potential customers. Furthermore, the site fronts a planned Dartmouth Hitchcock Medical Center, solidifying its position within a thriving healthcare hub. This combination of high visibility, convenient access, and proximity to established and future medical facilities makes this pad site an unparalleled investment opportunity in a rapidly growing area.

    Property Features for 0 Vista Ridge Dr

    General Information

    Property type
    Individual retail properties
    Square Feet
    3,000 SF

    Building Details

    Buildings
    1

    HighLights

    • 3,000± SF mixed‑use pad site in Londonderry, NH (03053).
    • Zoned for mixed‑use commercial development, ideal for a bank.
    • Build‑to‑suit, build‑to‑lease, or sale/ground lease options available.
    • Proposed design includes a two‑lane drive‑thru.
    • High visibility location off I‑93 Exit 5, with 17,719± AADT (2022 data).
    • Adjacent to new medical office building (NH Orthopaedic & Apple Therapy Services).
    Property Profile Location Intelligence

    Current Use by Public Records

    Banks

    Map

    City
    Londonderry
    County
    Rockingham
    State
    New Hampshire
    Longitude
    -71.3759369
    Latitude
    42.9142509

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    FAQs

    What type of property is this?
    Individual retail property - 3,000 SF Mixed-Use Development Opportunity
    Where is this individual retail property located?
    The property is located at Vista Ridge Dr Londonderry, NH.
    What are key features of this property?
    This property features: 3,000± SF mixed-use pad site in Londonderry, NH (03053).; Zoned for mixed-use commercial development, ideal for a bank.; Build-to-suit, build-to-lease, or sale/ground lease options available.
    Request Owner's contact information
    Vista Ridge Dr Londonderry, NH 03053
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    Londonderry, NH 03053
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Vista Ridge Dr Londonderry, NH 03053
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