0 Rt 10 New London, NH 03257
This exceptional 13.43-acre commercial land parcel in Grantham, New Hampshire, presents a unique development opportunity. Strategically located at the intersection of Route 89 Southbound Exit 13 and Route 10 South, this high-visibility site boasts an average annual daily traffic count of up to 18,701 vehicles. Across from Sawyer Brook Plaza and a Mobil station, the property offers unparalleled exposure. Complete engineering plans for a 100-room hotel are included, along with a high-yield well and initial zoning/planning approvals, significantly reducing development hurdles. The commercial zoning allows for flexible development options beyond the hotel concept. A proposed bridge will enhance accessibility. Its proximity to Dartmouth Hitchcock Medical Center (20 minutes) and Mount Sunapee Resort (20 minutes), and its two-hour distance from Boston, MA, provide access to a robust local and regional market. Priced at $1,250,000, this property is ready for immediate development, offering significant pre-development work already completed. The APN is 03 1791 92 93. The property is privately owned.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.