914 Central Ave Dover, NH 03820
- Turn key restaurants
- 1.44 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 914 Central Ave
- Year built
- 1965
- Construction
- FRAME
- Lot size
- 1.44 lot acres
- Zone code
- C
- Property type
- Turn key restaurants
- APN
- DOVR M:38020 B: L:
- APU
- DOVRM38020BL
Description
This 1.3-acre commercial land parcel is located at 914 Central Avenue in Dover, New Hampshire, zip code 03820. The property enjoys a prime location just south of the Weeks Traffic Circle, a heavily trafficked intersection boasting over 50,000 average daily trips, making it an ideal site for high visibility businesses. Situated in one of Southern New Hampshire's busiest retail areas, this land is surrounded by five supermarkets, ensuring high foot traffic and consumer accessibility. The property offers convenient access via an existing curb cut, positioned on the outbound side of the street. Dover, within Strafford County, demonstrates a consistent history of positive annual population growth over the past 75 years, a trend projected to continue. The property's strategic location along Route 16 (Spaulding Turnpike) provides exceptional access to major commuter routes, the Lakes Region, White Mountains ski areas, and coastal communities in New Hampshire, Southern Maine, and the North Shore of Massachusetts. This parcel is available for sale or lease and presents a unique opportunity for commercial development in a thriving market. The property is classified as single-tenant land.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,045,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,460,000
- 6.5%
- $1,450,000
- 7%
- $1,505,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,330,000
- Geo Method
- $1,600,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,370,000
- Retail
- $1,195,000
- Mixed-Use
- $1,255,000
- Hospitality
- $1,215,000
- Educational
- $1,240,000
- Residential Income
- $1,530,000
- Energy
- $1,330,000
- Income-Based Land
- $1,225,000
- Food Service
- $1,170,000
Location Insight
- Map
- Local Demand
- City
- Dover
- County
- Strafford
- State
- New Hampshire
- Longitude
- -70.8863
- Latitude
- 43.2201
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA