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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
0 Sqft
Status: Active | Days on site: 292
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House Description

50 Acres just 3 miles to Dartmouth Medical Center and Centerra Business Park (built out). 3 Acre building envelope zoned Light Industrial. General Commercial zoning was anticipated to be approved, but was postponed to spring 2027 due to concern of overbuilding of MF rentals. Master plan, staff and board comments indicate a consensus for GC (hotel, MF, retail) Current zone is Ind-L (65 ft height, 50% building coverage). Uses by right: office/R&D/Light Ind. Possible hotel via Planned Bus Park in conjunction with abutter or or by petition to rezone or amend uses to current zone. Would be conforming to master plan and generally endorsed by planning staff. Due to the delay, price is drastically reduced. Remaining 47 acres under conservation easement. Lot coverage can potentially be up to 100% with use of conservation land for required ratio and open space. Also provides timber reserves, open space nature trails, pristine nature setting, etc. Walk to schools, downtown, and adjacent regional bus terminal. 2 BR house and barn. Set back from road for privacy and enhanced south and west views. Lebanon/Hanover is a biotech/medical hub from Dartmouth spin-off companies, Housing study calls for 4000 additional units. Average 2BR rent is $2800. Median Home Value Hanover $988k. High income, highly educated population. in the path of growth, with infrastructure, retail services and recreational amenities nearby. (golf, ski, lakes) Westerly sloping. Few development opportunities in this market due to limited zoning and town utilities, site challenges. Lebanon was named by Forbes in 2008 as the number one least vulnerable mid-size city in the US. Also listed as residential

Highlights

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

Property Type

Vacant Land

Lot/Acreage
50

County

Grafton

Listing ID

5084234

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:Abuts Conservation,Near Golf Course,Near Paths,Near Shopping,Near Public Transport,Condo Development,Conserved Land,Deed Restricted,Secluded,Sloping,Timber,Trail/Near Trail,Near School(s),Private
Zoning:Commercial, Residential
Sewer:Leach Field On-Site,On-Site Septic Exists,Public Available
Principal Interest
$2,211
Taxes
$786

Home Price

$995,000

Loan Details

30 yrs
%

Down Payment

20%
$199,000
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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.