Property profile

48-52 Chenell Dr Concord, NH 03301

OFF-MARKET
Commercial land
Property ID
US58-0303601
2.86 ac lot
Trust Owned 11-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2.86-acre commercial lot, situated at 48-52 Chenell Drive in Concord, NH, presents a unique opportunity for businesses seeking a strategic location and flexible development options. The property boasts a prime location within Concord's thriving industrial zone, offering easy access to major transportation routes and highways, ensuring seamless logistics and convenient commutes. The lot itself is generously sized at 2.86 acres, providing ample space for a substantial development. Its advantageous corner lot positioning maximizes visibility and accessibility. The existing infrastructure is robust, with ample utilities readily available at the street, simplifying the construction process and minimizing upfront costs. The soil composition is sandy, further facilitating construction. This property previously held approvals for a 10,000 square foot building, providing a solid foundation for potential development plans. The site is particularly well-suited for businesses with significant power requirements. Whether you envision constructing a new facility tailored to your specific needs or acquiring a ready-to-develop site, this property offers unparalleled flexibility. The sale price is $1,234,000. Contact us to discuss lease options and obtain further details. Don't miss this chance to secure a prime piece of Concord's industrial real estate market.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 2.86 ac (124,582 SF)
Zoning code IN
APN CNCD M:624Z B:13
UPID US58-0303601

Cap rate & NOI

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

Location

48-52 Chenell Dr Concord, NH 03301
Concord metro Census 44100 CONCORD, NH MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2015
4 recorded transactions
2024
Price N/A
2015
$142,533
2006
Price N/A
2004
$165,000

Zoning & alternative use

IN · Concord, NH
Zoning description

The Industrial (IN) District is established for the development of manufacturing, research and development facilities, wholesaling, warehousing, distribution, and offices, wherein full municipal utility services are avai…

General category INDUSTRIAL

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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