24 LaBombard Road Lebanon, NH

$995,000
Acres 50.00
Photo of 24 LaBombard Road Lebanon NH 03766




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


Listed by Equity Group Real Estate Broker Inc., James Ward

Details

MLS 5084234
Price $995,000
Status Pending
DOM 383 days
Type Lot/Land
Lot Size 50.00 acres
Taxes Paid $9,437

Lot & Building Features

Utilities Phone, Cable
Sewer Public Available, Leach Field On-Site, On-Site Septic Exists
Tax Year 2026
Taxes Paid $9,437
Water Public Water at Street, On-Site Well Exists, Drilled Well
Lot Description Conserved Land, Deed Restricted, Timber, Abuts Conservation, Private, Near Public Transportatn, Secluded, Condo Development, Near Golf Course, Near Paths, Sloping, Near School(s), Trail/Near Trail, Near Shopping

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Financing

$
20%
0.94844221105528%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.


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