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Property profile & analytics
OFF-MARKET
Land

0 Rt 10 New London, NH 03257

13.43 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 13.43 ac (585,011 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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