Property profile

0 Main St Durham, NH 03824

OFF-MARKET
Land
10.98 ac lot
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Property summary

AI-generated overview

This exceptional 10.98-acre commercial land parcel presents a unique investment opportunity in Durham, New Hampshire. Located at the high-traffic intersection of Route 17 and Route 147, this site boasts exceptional visibility and accessibility. The property is planned for development as a grocery-anchored shopping center, featuring a significant 30,000 square foot grocery store as the anchor tenant. This development will serve a high-income, currently underserved market, with an estimated Average Daily Traffic (ADT) exceeding 22,000 vehicles. The site offers flexibility for various commercial uses, with available unit sizes starting at 1,200 square feet and expanding to accommodate larger tenants. A pad site is available, and build-to-suit options are also being considered to meet the specific needs of prospective tenants. This prime location, coupled with the planned development and high traffic counts, makes this a compelling investment opportunity with significant potential for long-term growth and profitability. The property is zoned for commercial use and is ready for immediate development. The address is Main St, Durham, NH 03824.

Property profile

Verified
Property type Land
Lot 10.98 ac (478,289 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Main St Durham, NH 03824
Durham metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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