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    4 Old Boyce Rd Canterbury, NH 03224

    Sponsored
    For Sale
    $1,200,000

    3.5-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3.5-acre commercially-zoned parcel presents a remarkable investment opportunity in Canterbury, New Hampshire. Located at 4 Old Boyce Rd, 03224, this property boasts excellent visibility along well-traveled Hoit Road (US Route 4), directly across from a thriving retail complex anchored by Market Basket, HomeGoods, and other national brands. The parcel's strategic position near Exit 17 of I-93 ensures easy highway access, further enhancing its appeal. The asking price is $1,200,000, translating to $342,857 per acre. Cash sale is preferred. This largely below-grade, irregular-shaped lot, primarily situated in Canterbury with a small portion in Concord, offers significant potential for a variety of commercial uses, including a small supermarket, pharmacy, bank branch, or auto parts store. Its proximity to a planned 950-unit residential development adds to its long-term value. The property's location within Canterbury's Aquifer & Groundwater Protection District should be considered in development plans. The significant daily traffic volume (15-20,000 vehicles) on US Route 4 provides exceptional exposure. Manchester-Boston Regional Airport (MHT) is also conveniently accessible. The APN is 000267028000000000. This is a rare opportunity to acquire a high-visibility commercial property in a rapidly growing area.

    Property Features for 4 Old Boyce Rd

    General Information

    Property type
    Land
    Lot Size
    152,460 SF

    HighLights

    • $1,200,000 asking price for 3.5‑acre commercial parcel.
    • Cash sale preferred.
    • High‑visibility location.
    • Frontage on Old Boyce Road.
    • Excellent access to I‑93 (Exit 17).
    • Close proximity to Manchester‑Boston Regional Airport (MHT).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Canterbury
    County
    Merrimack
    State
    New Hampshire
    Longitude
    -71.5820736
    Latitude
    43.2896842

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - 3.5-acre commercial lot, prime location.
    Where is this land located?
    The property is located at 4 Old Boyce Rd Canterbury, NH.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: $1,200,000 asking price for 3.5-acre commercial parcel.; Cash sale preferred.; High-visibility location.
    Request Owner's contact information
    4 Old Boyce Rd Canterbury, NH 03224
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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
    4 Old Boyce Rd Canterbury, NH 03224
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