Listing courtesy of: Bob James - Keller Williams Gateway Realty

598 Daniel Webster Highway

Merrimack, NH 03054
Other Residence
Beds
Baths
850 Sq. Ft.
0.6 Acre Lot
Just .3 miles from exit 12 of the Everett Turnpike, this level 26,136+/- SF lot features 2 curb cuts, onsite water, sewer and natural gas. This location offers walking distance access to dining, grocery shopping, pharmacy and other retail. Zoning allows for a mix of retail and residential uses, but ...a proforma highest and best use analysis shows that redevelopment into a new-construction, multi-unit residential property offers the highest return, close a 10 cap and 11 cash-on-cash return, and that is at a lot sales price of $250,000! Next best would be a 5 unit specialty retail development at between a 7 - 8 cap rate. Continue reading
MLS#
4802637
Property Type
Other
Square Feet
850 sq. ft
Price per Sq. Ft.
$252.94
Lot Size
0.6
Sewer
Public Sewer

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Listing courtesy of: Bob James - Keller Williams Gateway Realty
Andrea D. Conner, License 71221, Xome Inc., License 68390, AndreaD.Conner@xome.com, 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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