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    316 Farmington Rd Farmington, NH 03835

    Sponsored
    For Sale
    $60,000

    Prime NH Commercial Land, Route 11

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional offering presents two contiguous commercial land parcels totaling approximately 3.53 acres situated on Route 11 in Farmington, New Hampshire. The property consists of Parcel 30 (Lot R20-017-000), encompassing approximately 2.29 acres, and Parcel 30A (Lot R20-012-000), comprising approximately 1.24 acres. Both parcels are zoned for Commercial Highway use, providing significant development potential. Utilities are conveniently located at the street. The desirable location offers easy access to major roadways, including Routes 16, 202, and 125, providing excellent connectivity to the Seacoast and Lakes Region. The Farmington Recreation Rail-Trail runs directly behind the property, adding to its appeal. Farmington boasts a thriving economy and a picturesque downtown area, attracting both businesses and residents. The property is within two miles of Rochester, the largest city in the area. The asking price for each parcel is $60,000. This presents a unique opportunity to acquire valuable commercial land in a highly sought-after location. The APN for the parcels are Parcel 30 (Lot R20-017-000) and Parcel 30A (Lot R20-012-000).

    Property Features for 316 Farmington Rd

    General Information

    Property type
    Land
    Lot Size
    54,014 SF

    HighLights

    • 2.29‑acre parcel (Lot R20‑17) priced at $60,000.
    • 1.24‑acre parcel (Lot R20‑12) priced at $60,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Farmington
    County
    Strafford
    State
    New Hampshire
    Longitude
    -71.0351433
    Latitude
    43.3601675

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    FAQs

    What type of property is this?
    Land - Prime NH Commercial Land, Route 11
    Where is this land located?
    The property is located at 316 Farmington Rd Farmington, NH.
    What is the asking price?
    The asking price for this property is $60,000.
    What are key features of this property?
    This property features: 2.29-acre parcel (Lot R20-17) priced at $60,000.; 1.24-acre parcel (Lot R20-12) priced at $60,000.;
    (603) 540-8315
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    316 Farmington Rd Farmington, NH 03835
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    Farmington, NH 03835
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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
    316 Farmington Rd Farmington, NH 03835
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