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    OFF-MARKET
    Commercial land

    179 Pembroke Rd, Concord, NH 03301-5768

    4.3 ac lot
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US58-0606068
    Property summary
    AI-generated overview

    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
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 4.3 ac (187,308 SF)
    Zoning code OFP
    APN CNCD M:621Z B:21
    UPID US58-0606068
    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
    PROVERBS 16 & 3 LLC
    PROVERBS 16 & 3 LLC
    Zoning & alternative use
    OFP · Concord, NH
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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