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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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24 Labombard Rd , Lebanon, NH 03766
$995,000
Est. Payment: $2,211.11/mo
0 Bed
0 Bath
1400 Sqft
Status: Active | Days on site: 292
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House Description

50 Acres. 3 miles to Dartmouth Medical Center and Centerra Business Park (built out). Walk to downtown, school, or airport shuttle. 8 Acres zoned Light Industrial. With a 3-acre development envelope. Balance under conservation easement. Use open space for setbacks and open space requirement for higher build out. Uses by right include office, R&D, Warehouse. Possible uses as PUD or Planned Business park include multi family, hotel, with accessory retail. Area was scheduled for rezoning to General Commercial. Now delayed to Jan. 2027. Area was rezoned as GC-1 in early 2026. Was subsequently (anticipated to be ) temporarily rescinded for legal issue and reinstated. Redo vote has been tabled to Jan.2027. Master plan, prior staff and board comments indicate a consensus for GC. Due to delay owner drastically reduced for quick sale and your opportunity for high demand, low supply commercial land near College and Medical Center at a residential land price. Buy now at discount, hold for zoning revote or rezone now by petition for General Commercial uses. See table of proposed uses for GC-1 . Ind zone- 50% Building coverage, 65 ft. height. GC-1 residential density by planning board review. 3BR house and barn, dated, but good condition, in a nice private setting. Spin off, or keep for rental income. The additional 47 acres are sloping and wooded. Added value from extra privacy for an in-town location, and timber resources, AI projected build out of up to 200 dwelling units or 100,000 sf commercial SF with surface parking. (density by planning board review). 55 ft. height, 30% lot coverage. Dual use parking for increased build out. Lebanon/Hanover is a biotech hub from Dartmouth spin-off companies, Medical, Biotech, Pharm. Housing study calls for 4000 additional units. Average 2BR rent is $2800. Median Home Value Hanover $988k. High income, highly educated population. South of Campus is in the path of growth, with infrastructure, retail services and recreational

Highlights

Listed by James Ward , 603-448-8000 Equity Group Real Estate Broker Inc. , 603-448-8000.

Property Type

Commercial Sale

Lot/Acreage
50.6

Year Built

1977

County

Grafton

Listing ID

5053464

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Basement:Yes,Full

Exterior Features

Lot:Abuts Conservation,In Town,Near Shopping,Near Public Transport,Condo Development,View
Zoning:Gc-1
Sewer:1500+ Gallon,Leach Field,Public Available,Public Sewer at Street
Principal Interest
$2,211
Taxes
$786

Home Price

$995,000

Loan Details

30 yrs
%

Down Payment

20%
$199,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,211.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,211.11 $786.42 $0.00 $2,997.53
Yearly $26,533.33 $9,437.00 $0.00 $35,970.33
Total $796,000.00 $283,110.00 $0.00 $1,079,110.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Lebanon, NH).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.