List Price: $995,000 | 50 Acres | Price Per Acre $0 Land


Listed Wednesday Jul 23, 2025 | MLS# 5084234
24 LaBombard Road Lebanon NH
Listed by James Ward Equity Group Real Estate Broker Inc.
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
Lot Description: 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
Lot Size: 50 acres
Zoned: Commercial, Residential)
Surveyed: Yes
SurveyedBy: t&m
Flood Zone: No
Land Services
Road Frontage: 252
Electric: 150 Amp Service
Water: Drilled Well | On-Site Well Exists | Public Water at Street
Sewer: Leach Field On-Site | On-Site Septic Exists | Public Available


Docs Available : Covenants | Deed | Survey | Tax Map
Easement - Yes
Block - 12
Taxes $9,437
Assesed Value Not Reported
Schools

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