244 acres mixed use. 15 min to Dartmouth Med. and College
Land | 243 acres
Marketing description
43 acres Enfield and 201 acres Canaan as package. Enfield is zoned for most uses or mixed use. As residential density allowed is 13 units per acre. SF lot size min. is 15,000/sf. Has town water/sewer. Demand for all uses in market area of limited competing sites. Possible town financed on/off site improvement thur TIF. Supportive town. Canaan town has no zoning. 15 minutes to Dartmouth Medical Center, 20 to Campus. Comparable Single family lots from $130,000 to $300,000 with low inventory, high absorption. High growth area from biotech and medical. Limited developed sites for growing companies. Recreation amenities within 7 miles include: ski hill, world class golf course, pristine lake, 1000+ acre conservation park, rail trail.
Per unit per as MF- $5000 (comps at $15,000+)
Per lot as SF (3 per acre) price- $22,000 (comps over $100,000)
Investment highlights
low per unit land cost
good site conditions
high demand most uses
Neighborhood retail services needed.
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