Property profile

349 Tpke Rd New Ipswich, NH 03071

OFF-MARKET
Industrial properties
Property ID
US58-0023279
1,722 SF 0.4 ac lot Built 1952
Entity Owned 13-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This 1.45-acre commercial land parcel in New Ipswich, New Hampshire, presents a unique investment opportunity. Previously the site of a Citgo gas station (removed in 2013), the property boasts excellent road frontage on Turnpike Road, offering high visibility and accessibility. Two parcels have been combined to create this contiguous 1.45± acre lot. Underground gas tanks have been removed. The property is conveniently located, just seven minutes from Route 123 and fifteen minutes from Route 202, providing easy access to regional transportation networks. While the property is being sold "as is, where is," with no warranties or indemnification, its strategic location and size make it ideal for a variety of commercial ventures. Please note that deed restrictions are in place, prohibiting the sale of fuel, operation of a convenience store, and residential development. The property is zoned Rural District within Hillsborough County, and its address is 349 Turnpike Road, New Ipswich, NH 03071. This presents a chance to acquire a well-situated commercial lot in a growing area, ready for redevelopment according to permitted zoning regulations. The asking price is $60,000.

Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1952
Total area 1,722 SF
Lot 0.4 ac (17,424 SF)
Zoning code RD R
APN NIPS M:0015B L:000038 S:000000
UPID US58-0023279

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

349 Tpke Rd New Ipswich, NH 03071-3640
New Ipswich metro Census 22502 MANCHESTER-NASHUA, NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2012
3 recorded transactions
2017
Price N/A
2014
Price N/A
2012
$950,000

Zoning & alternative use

RD R · New Ipswich, NH

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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