215 Vlg Rd, Newbury, NH 03255-5310
- Showrooms
- 5,000 SF
- 72.00 lot acres
Current Use by Public Records
- Showrooms
Property Details for 215 Vlg Rd
- Year built
- 2002
- Lot size
- 72.00 lot acres
- Zone code
- BUSINE
- Property type
- Showrooms
- APN
- NWBU M:044 B:316 L:433
- APU
- NWBUM044B316L433
Description
This exceptional 72-acre property in Newbury, NH, presents a lucrative investment opportunity in the sand and gravel industry. Currently operating in Phase 3, the site boasts an estimated 900,000 yards of sand, rock, and ledge, with approximately 19,000 yards already processed and stockpiled for immediate sale. The property includes a substantial 50' x 100' metal building equipped with five overhead doors, three entrances, a bathroom with a shower, and convenient truck scales. A separate office is also available. The location is highly advantageous, situated off State Route 103 on a state-maintained road, offering easy access to transportation networks. Its proximity to popular recreational destinations adds further value
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $750,000
- 6.5%
- $690,000
- 7%
- $640,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $640,000
- AI Estimate
- $523,000
Market price range: $366k - $1.20MMarket price range: $342k - $775k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $710,000 Current use
- RETAIL STORES
- $730,000 Change: +3% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $705,000 Change: -1% Conversion: Moderate
- OFFICE BUILDING
- $660,000 Change: -7% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Newbury
- County
- Merrimack
- State
- New Hampshire
- Longitude
- -71.997
- Latitude
- 43.2902
- CBSA code
- 18180
- CBSA name
- CONCORD, NH MICROPOLITAN STATISTICAL AREA
