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    496 Daniel Webster Hwy Merrimack, NH 03054

    Sponsored
    For Sale
    Contact for pricing

    Prime 5.6-acre site for senior living.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5.6-acre parcel, located at 496 Daniel Webster Highway in Merrimack, New Hampshire, presents a unique redevelopment opportunity for a 55+ housing community. Situated in Hillsborough County, zip code 03054, this level lot boasts a highly desirable location directly on Route 3, offering convenient access to the town center and the Everett Turnpike. The property is zoned for General Commercial use with an Elderly Housing overlay, ensuring a streamlined development process. Municipal water, sewer, and natural gas services are readily available. While subject to a Groundwater Management Permit with the New Hampshire Department of Environmental Services (DES), this well-situated land offers significant potential. Conceptual plans suggest the capacity for up to 26 single-level units, each with a one-car garage. This long-time family-owned property represents a compelling investment opportunity for developers seeking to capitalize on the growing demand for senior living accommodations in a prime Merrimack location. The property's convenient access to major roadways and amenities makes it an ideal location for a thriving 55+ community. The existing infrastructure and zoning make this a truly exceptional opportunity.

    Property Features for 496 Daniel Webster Hwy

    General Information

    Property type
    Retirement homes
    Lot Size
    243,936 SF

    HighLights

    • 5.6‑acre level site ideal for 55+ housing redevelopment.
    • Located on Daniel Webster Highway (Route 3) in Merrimack, NH, offering easy access to town and Everett Turnpike.
    • Zoned General Commercial with Elderly Housing overlay.
    • Municipal water, sewer, and natural gas available; subject to a DES Groundwater Management Permit.
    • Conceptual plans suggest potential for up to 26 single‑level units with one‑car garages.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retirement homes

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Merrimack
    County
    Hillsborough
    State
    New Hampshire
    Longitude
    -71.4928026
    Latitude
    42.8711585

    Nearby Comparable

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      Redevelopment Land on Daniel Webster

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      Office Property For Sale

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    Nearby Similar for Sale

    • $1,358,000
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      5 Jennifer Dr, Merrimack, NH 03054
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      Well-equipped medical office in high-traffic Merrimack location.
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      53,000 SF warehouse with office space and loading docks.
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      Industrial Condo Unit For Sale

      4,000 SF industrial condo available for owner-occupancy in 2026.
      12 Star Dr, Merrimack, NH 03054
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    • $625,000
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      Well-equipped medical office in Merrimack, NH, ideal for healthcare.
      1-2 Mound Ct, Merrimack, NH 03054
      View Details
    • $499,000

      Renovated Duplex with Modern Finishes

      Turnkey duplex featuring two updated units, ready for immediate occupancy.
      1 Pleasant St East, Merrimack, NH 03054
      View Details
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      Proposed Warehouse in Merrimack, NH

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      Office Property For Sale

      Office property available for sale in Merrimack, New Hampshire.
      235 Daniel Webster Hwy, Merrimack, NH 03054
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    • $599,950
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      Merrimack Commercial Trio - Prime Location

      Three commercial condos, 5,392 sq ft, excellent location.
      10 Twin Bridge Rd, Merrimack, NH 03054
      View Details
    • $5,950,000
      57,180 SF

      High-Tech Merrimack Office Building

      57,180 SF Office Building, $5.95M
      316 Daniel Webster Hwy, Merrimack, NH 03054
      View Details

    FAQs

    What type of property is this?
    Retirement home - Prime 5.6-acre site for senior living.
    Where is this retirement home located?
    The property is located at 496 Daniel Webster Hwy Merrimack, NH.
    What are key features of this property?
    This property features: 5.6-acre level site ideal for 55+ housing redevelopment.; Located on Daniel Webster Highway (Route 3) in Merrimack, NH, offering easy access to town and Everett Turnpike.; Zoned General Commercial with Elderly Housing overlay.
    Request Owner's contact information
    496 Daniel Webster Hwy Merrimack, NH 03054
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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
    496 Daniel Webster Hwy Merrimack, NH 03054
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