349 Tpke Rd, New Ipswich, NH 03071-3640
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
RD R · New Ipswich, NHNew Ipswich. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.