1 Berry Farms Rd Alexandria, NH 03222
This exceptional 2-acre commercial lot in Alexandria, New Hampshire, presents a unique investment opportunity. Located on a paved cul-de-sac with town water and sewer, this property offers immediate development potential. While the current listing is for 2 acres, up to 4.4 acres are available. Furthermore, an additional 50 acres are also available, suitable for a variety of uses, including a 55+ community, nursing home, hospital, or assisted living facility (potential for 120 units). The seller is actively planning a 7,500 square foot, three-unit building suitable for medical, office, or retail use, offering options to purchase, lease, or lease with an option to buy. The developer is also willing to construct buildings up to 50,000 square feet to meet specific needs. This prime location boasts exceptional access to major roadways, including Route 49, Route 20, Route 148, Route 131, I-84, and I-90, providing convenient access throughout Central New England. The property is conveniently situated just one mile from UMASS Harrington Hospital and 3.2 miles from I-90 and I-84. The property is zoned for commercial use. This is a rare opportunity to acquire land in a high-demand area with significant development potential. The asking price for the 2-acre lot is $450,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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