Banfield and Peverly Hill Road Rd - Residential LAND FOR SALE


Portsmouth, NH 03801- New Hampshire Beaches372,002 SF
$1,950,000 USD
603-781-6546
Banfield and Peverly Hill Road Rd, Portsmouth, NH for Sale
$1,950,000 USD
Residential LAND - FOR SALE
1/3
372,002 SF

Banfield and Peverly Hill Road Rd
Portsmouth, NH 03801
New Hampshire Beaches


HIGHLIGHTS

  • Due diligence materials available including boundary survey, conceptual development plans, wetland study, and Phase I environmental report.
  • City of Portsmouth approvals are required for development.
  • Land abuts 17± acres of conservation land that will never be developed.
  • Utilities for City water and sewer need to be stubbed to the site. See broker for additional details.
  • Zoning allows for up to 5 house lots. With zoning relief, up to a 9 unit RDI-PUD plan may be possible.
  • Lot is currently in Current Use. The buyer will be responsible for a 10% tax assessment of the full and true value of the land.

OVERVIEW

Property is currently in Current Use. Current Use is a tax assessment law that taxes land at its “Productive Capacity.” This means the land is taxed as undeveloped land, rather than at its real estate value as a building site.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/ACRE

$228,337/AC

PRICE/SF

$5 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Banfield and Peverly Hill Rd, Portsmouth,

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

-

LAND ACRES

8.54 AC

LAND SF

372,002 SF

OFFSITE IMPROVEMENTS

-

ZONING

SRA

APN/PARCEL ID

PRSM-000256-000002

ASK ABOUT THIS PROPERTY

Kent WhiteThe Boulos CompanyMore Info
603-781-6546

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Kent WhiteThe Boulos CompanyMore Info
603-781-6546

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.