Property summary
This 4.3-acre commercial/industrial lot in Concord, New Hampshire (03301), is priced at $340,000. Located at 179 Pembroke Rd, in the OFP district, it offers excellent access to utilities. Public water, sewer, and natural gas are available at the street. The property enjoys a convenient location, situated along a bus route and within walking distance of shopping, restaurants, and grocery stores. A survey, topography study, and wetlands investigation (2016, showing no wetlands) are available. A Phase 1 Environmental Site Assessment was completed in 2022. While the street side requires fill for driveway construction, the lot has previously been approved for a 140-unit senior housing development. The OFP zoning permits a variety of uses, including childcare and adult daycare facilities, hotels, motels, select offices, light industrial uses, clinics (outpatient, walk-in, urgent care), and substance use disorder treatment centers. This presents a unique opportunity for developers seeking a versatile and well-located property in a thriving New Hampshire community. Merrimack County location.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The Office Park Performance (OFP) District is established to provide for the large scale, integrated development of professional offices, and research and development facilities. The design standards should provide for a…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
OFP · Concord, NHThe Office Park Performance (OFP) District is established to provide for the large scale, integrated development of professional offices, and research and development facilities. The design standards should provide for a…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The Office Park Performance (OFP) District is established to provide for the large scale, integrated development of professional offices, and research and development facilities. The design standards should provide for a…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for OFP in Concord, NH.
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