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453 Route 4 - 43-225 acres commercial or high density resid

43 Acres of Commercial Land Offered at £2,346,111 in Enfield, NH 03748

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INVESTMENT HIGHLIGHTS

only shopping center site in market
400 dwelling units need per yr in market. less than 100 avg.

no other avail. INd. in market

EXECUTIVE SUMMARY

THIS IS THE ONLY KNOWN FEASIBLE SITE IN ENFILD, FOR A RETAIL CENTER. NEEDED SERVICES– GROCERY, HARDWARE, PHARMACY, GAS, FAST FOOD, FAMILY RESTAURANT . UP TO 43 ACRES Underserviced location Utilities at site excellent site conditions no competing sites
quick approvals, will subdivide Mixed use zone with high density residential
RECENTLY ADOPTED TIF PLAN FOR EXTENSIVE INFRUSTRUCTURE IMPROVEMENTS INCLUDING RT. 4 ACCESS , WATER/SEWER & ROAD EXTENSION. ETC.
Adjacent 201+/- ACRES AVAILABLE Adjacent land, Town of Canaan, no zoning, useable, class 6 roads, or via row Rt. 4 . $10k/ac. listed separately

shopping center site enfield

PROPERTY FACTS

Price	£2,346,111	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Industrial Retail Multifamily
No. Lots	1	Total Lot Size	43.00 AC
Property Type	Land

Price	£2,346,111
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Industrial Retail Multifamily
Total Lot Size	43.00 AC

1 LOT AVAILABLE

Lot

Price	£2,346,111	Lot Size	43.00 AC
Price Per AC	£54,560.72

Price	£2,346,111
Price Per AC	£54,560.72
Lot Size	43.00 AC

43-244 ACRES Mixed use zone, part unzoned. Utilities at site, Good grades and soils. Underserved retail, quick approvals, TIF district, Last of big sites in Upper Valley for detached housing.

DESCRIPTION

43 acres, utilities at site with mixed use zone. Multifamily density @13 units/acre. ($6k per dwelling). Detached/single family lot density @3/acre. ($22,000 lot) Retail, Industrial by right. Southerly gentle grades, confined wetland area, views of area hills, 15 minutes to Dartmouth College or Medical Center. Recently adopted TIF plan for on/off site improvements potential with supportive town. Quick approvals. Also available as add, an adjacent 201+/- acres in Canaan which has no zoning. Priced at $10k per acre. House lot comps $120k up with little inventory. MF land comps $15k up. Only site within 20+ miles that is feasible for detached housing project or neighborhood retail due to lack of proper zoning and municipal water/sewer.

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