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Property profile & analytics
OFF-MARKET
Land

0 Mitchell Rd Nottingham, NH 03290

40 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 40-acre parcel in Nottingham, New Hampshire presents a unique investment opportunity. Zoned R-AG RES/AGR DIST, the property boasts 13 approved 2+ acre building lots, perfect for residential development. Two lots are conveniently situated on scenic Mitchell Road, offering picturesque settings for future homes. Construction is underway on Stone Grey Road, providing immediate access to several lots. The existing road is sold "as is," and prospective buyers are responsible for conducting their own due diligence with the Town of Nottingham. This prime location offers unparalleled convenience, situated minutes from the vibrant town of Dover, NH, and the energetic University of New Hampshire campus in Durham, NH. Portsmouth, NH is approximately 23 miles away, providing easy access to coastal amenities. The property's proximity to the Lee Traffic Circle ensures convenient commuting. The asking price is $1,495,000, translating to $37,375 per approved lot or $2,836 per acre. This represents a compelling opportunity for builders and developers seeking to capitalize on the high demand for residential properties in this desirable New Hampshire location. The land offers a blend of accessibility and tranquility, making it an ideal setting for a new residential community.

Property profile
Verified
Property type Land
Lot 40 ac (1,742,400 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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