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    OFF-MARKET
    Retail properties & Spaces

    12A Rte, Lebanon, NH 03766

    650,000 SF 108.45 ac lot
    Property ID
    Property summary
    AI-generated overview

    Iron Horse Park presents a unique opportunity for large-scale development in Lebanon, NH. This 108.45-acre site, located on Route 12A, offers exceptional visibility from I-89 and benefits from its strategic location near the I-89/I-91 convergence and Lebanon Municipal Airport. The property is zoned for a variety of uses, including retail, office, and industrial, and boasts a permitted development capacity exceeding 650,000 square feet. A fully permitted plan includes a 13.9-acre lot zoned for 150,400 square feet of commercial/retail development, three additional retail sites suitable for restaurants (6,200 to 10,000 square feet each), 62,000 square feet of two-story retail space, and two planned 60,000 square foot office buildings. Industrial lots with access to active rail are also available, accommodating buildings ranging from 40,200 to 90,000 square feet. Approximately 16 acres are designated as open space. Access will be via a new signalized intersection connecting Iron Horse Park Drive with South Main Street/Route 12A. Municipal utilities, including high-speed broadband, are available. The site's strong demographics and proximity to numerous successful corporations, Dartmouth College, and Dartmouth Hitchcock Medical Center make it an exceptionally attractive investment. This is the last permitted "big box" site in the city. The property's APN is 116/2, 3, and the zip code is 03766. The site is divisible, allowing for the purchase of separate parcels.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 650,000 SF
    Lot 108.45 ac (4,724,126 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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