24 Labombard Rd - 50 ac site, 3 ac zoned commercial, 3m to DHMC 47 Acres of Commercial Land Offered at $1,360,861 CAD in Lebanon, NH 03766

50 Acres. 3 miles to Dartmouth Medical Center and Centerra Business Park (built out). Walk to downtown, school, or airport shuttle. 8 Acres zoned Light Industrial. With a 3-acre development envelope. Balance under conservation easement. Ind zone- 50% Building coverage Lot coverage can potentially be 100% with use of conservation land for required ratio and open space. This would be effectively be a 4-5 acre building site. 65 ft. height.
Uses by right include; office, R&D, Warehouse. Possible uses as PUD or Planned Business park include multi family, hotel, with accessory retail. Area was scheduled for rezoning to General Commercial. Now delayed to Jan. 2027. Area was rezoned as GC-1 in early 2026. Was subsequently (anticipated to be ) temporarily rescinded for legal issue and reinstated. Redo vote has been tabled to Jan.2027. Master plan, prior staff and board comments indicate a consensus for GC. Due to delay owner temporarily has drastically reduced the price until rezoned. An opportunity for high demand, low supply commercial land near College and Medical Center at a residential land price. See table of proposed uses for GC-1 (hotel, MF)
1400sf house with attached garage and barn, dated, but good condition, in a nice private setting. Spin off/subdivide the house, or keep for rental income. The additional 47 acres are sloping and wooded. Added value from extra privacy for an in-town location, and timber resources,
AI projected build out of up to 200 dwelling units or 100,000 sf commercial SF with surface parking. (density by planning board review). 55 ft. height, 30% lot coverage. Dual use parking for increased build out. Lebanon/Hanover is a biotech hub from Dartmouth spin-off companies, Medical, Biotech, Pharm. Housing study calls for 4000 additional units. Average 2BR rent is $2800. Median Home Value Hanover $988k. High income, highly educated population. South of Campus is 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.