Tremendous development opportunity located in the highly desirable "Highway Commercial" corridor along Route 27 / Epping Road in Exeter NH. Nearly 23 acres comprised of two separate lots being sold as package. Flexible C-3 Zoning allows for a number of uses to include Retail services, business offices, professional offices and medical offices, hotels/motels, Bed and Breakfast, Child day care, Essential services, Automobile repair shops and washing establishments, New and used car dealers, Amusement Centers, Wholesale establishments, distribution plants and warehouses, Landscape services and garden supply establishments, Animal hospitals and veterinarians, animal boarding/kennels, Boat sales and services. With a Special Exception, Light industry, Medical Rehabilitation Facilities and elderly congregate healthcare facilities, Churches and similar places of worship, Community buildings, social halls, clubs, lodges and fraternal organizations. The site was previously approved for the development of a 30, 000 SF industrial building with ample parking, but those approvals have since expired and would need to be reapproved. Other comparable properties in the Highway Commercial (C-3) zone have been approved for Mixed-use and Multi-Family Residential. Buyers to conduct their own due diligence with the City to determine feasibility for their use. Public water, sewer and natural gas at street. Located just a half a mile from Route 101 and 7 miles from Route 95.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,720,000 | $1,720,000 | $1,720,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 7.000% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.481% | 7.103% | 6.915% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,590 | $11,443 | $15,220 |
Total Monthly Payment | $10,715 | $11,568 | $15,345 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.