496 Daniel Webster Hwy Merrimack, NH 03054
- Commercial real estate
- 3,192 SF
- 6.30 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 496 Daniel Webster Hwy
- Year built
- 1950
- Lot size
- 6.30 lot acres
- Property size
- 3,192 SF
- Zone code
- C2- GE
- Property type
- Commercial real estate
- APN
- MRMK M:05D-3 L:000111 S:000000
- APU
- MRMKM05D3L000111S000000
Description
This exceptional 5.6-acre parcel, located at 496 Daniel Webster Highway in Merrimack, New Hampshire, presents a unique redevelopment opportunity for a 55+ housing community. Situated in Hillsborough County, zip code 03054, this level lot boasts a highly desirable location directly on Route 3, offering convenient access to the town center and the Everett Turnpike. The property is zoned for General Commercial use with an Elderly Housing overlay, ensuring a streamlined development process. Municipal water, sewer, and natural gas services are readily available. While subject to a Groundwater Management Permit with the New Hampshire Department of Environmental Services (DES), this well-situated land offers significant potential. Conceptual plans suggest the capacity for up to 26 single-level units, each with a one-car garage. This long-time family-owned property represents a compelling investment opportunity for developers seeking to capitalize on the growing demand for senior living accommodations in a prime Merrimack location. The property's convenient access to major roadways and amenities makes it an ideal location for a thriving 55+ community. The existing infrastructure and zoning make this a truly exceptional opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Merrimack
- County
- Hillsborough
- State
- New Hampshire
- Longitude
- -71.4927
- Latitude
- 42.872
- CBSA code
- 31700
- CBSA name
- MANCHESTER-NASHUA, NH METROPOLITAN STATISTICAL AREA
