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    Main St Durham, NH 03824

    Sponsored
    For Lease
    Contact for pricing

    Prime Durham Commercial Land, 10.98 Acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 10.98-acre commercial land parcel presents a unique investment opportunity in Durham, New Hampshire. Located at the high-traffic intersection of Route 17 and Route 147, this site boasts exceptional visibility and accessibility. The property is planned for development as a grocery-anchored shopping center, featuring a significant 30,000 square foot grocery store as the anchor tenant. This development will serve a high-income, currently underserved market, with an estimated Average Daily Traffic (ADT) exceeding 22,000 vehicles. The site offers flexibility for various commercial uses, with available unit sizes starting at 1,200 square feet and expanding to accommodate larger tenants. A pad site is available, and build-to-suit options are also being considered to meet the specific needs of prospective tenants. This prime location, coupled with the planned development and high traffic counts, makes this a compelling investment opportunity with significant potential for long-term growth and profitability. The property is zoned for commercial use and is ready for immediate development. The address is Main St, Durham, NH 03824.

    Property Features for 0 Main St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Size
    0 SF

    HighLights

    • 10.98‑acre commercial land parcel in Durham, NH, at the high‑traffic intersection of Route 17 and Route 147.
    • Planned grocery‑anchored shopping center with a 30,000 sq ft anchor tenant.
    • Serves a high‑income, underserved market with over 22,000 ADT.
    • Flexible unit sizes from 1,200 sq ft, pad site available, and build‑to‑suit options considered.
    • Zoned commercial and ready for immediate development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Durham
    County
    Strafford
    State
    New Hampshire
    Longitude
    -72.6949148
    Latitude
    41.4924097

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    FAQs

    What type of property is this?
    Land - Prime Durham Commercial Land, 10.98 Acres
    Where is this land located?
    The property is located at Main St Durham, NH.
    What are key features of this property?
    This property features: 10.98-acre commercial land parcel in Durham, NH, at the high-traffic intersection of Route 17 and Route 147.; Planned grocery-anchored shopping center with a 30,000 sq ft anchor tenant.; Serves a high-income, underserved market with over 22,000 ADT.
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    Main St Durham, NH 03824
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    Durham, NH 03824
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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
    Main St Durham, NH 03824
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