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24 Labombard Rd - 50 ac site, 3 ac zoned commercial, 3m to DHMC 47 Acres of Commercial Land Offered at $1,590,000 in Lebanon, NH 03766

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Investment Highlights

3+ac. buildable comm. site 3 miles to Med. Center. up to 55 ft. height.
50 ac with 3 zoned Gen Comm. Density by PB review, 55 ft height, 30% lot coverage

50 ac, 3 ac comm. 3 miles to Med. Center

Executive Summary

50 Acres. 8 Acres zoned Commercial/Multifamily in a 3-acre development envelope. 3 miles to Dartmouth Medical Center and Centerra Business Park (built out). Walk to downtown, school, or airport shuttle. AI projected up to 200 units or 100,000 sf with surface parking. Uses include: Hotel, R&D, Industrial, Multi-Family (density by planning board review). 55 ft. height, 30% lot coverage. Dual use parking for increased build out. Home to Dartmouth spin-off companies, Medical, Biotech, Pharm. Housing study calls for 4000 addt units. Rare close in location with utilities. 5 miles to Hanover and Dartmouth College. Average 2BR rent is $2800. Median Home Value Hanover $988k. Path of growth, with proper infrastructure, retail services and recreational amenities. Westerly sloping. Existing 3br house. Additional land for timber, open space requirement, green space. Named by Forbes in 2008 as the number one least vulnerable mid-size city in the US.

IND-L

pud bus park

conserv esmt

Property Facts

Price	$1,590,000	Proposed Use	Commercial Industrial Mixed Use Healthcare Hold For Development Hold For Investment Hospital Hotel Medical Research and Development
Sale Type	Investment or Owner User	Total Lot Size	47.00 AC
No. Lots	1	No. Stories	1
Property Type	Land	Year Built	1977
Property Subtype	Commercial
Zoning	INDL- GC pending - Light Industrial. On town agenda to rezone to GC in March 2026. Overlay for planned business park. Mixed residential allowed. Density per PB review.

Price	$1,590,000
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Industrial Mixed Use Healthcare Hold For Development Hold For Investment Hospital Hotel Medical Research and Development
Total Lot Size	47.00 AC
No. Stories	1
Year Built	1977
Zoning	INDL- GC pending - Light Industrial. On town agenda to rezone to GC in March 2026. Overlay for planned business park. Mixed residential allowed. Density per PB review.

1 Lot Available

Lot

Price	$1,590,000	Lot Size	47.00 AC
Price Per AC	$33,829.79

Price	$1,590,000
Price Per AC	$33,829.79
Lot Size	47.00 AC

50 Acres. 8 Acres zoned Industrial/R&D/Multifamily in a 3-acre development envelope. 3 miles to Dartmouth Medical Center and Centerra Business Park (built out). Walk to downtown, school, or airport shuttle. AI projected up to 200 units or 100,000 sf

Description

3 acres. zoned INDL, GC zone pending. allows most commercial uses, hotel possible. 47 addt acres under conservation. possible to use as open space requirement, for effective higher build out. Also use for recreation, timber reserve, agriculture. Up to 60 ft height allowed. 3 miles to Dartmouth Medical Center. 5 miles to Hanover and Dartmouth campus. Few commercial sites available. Per planning staff report many area R&D and BioTech users looking to expand with no choices. House on site. occupied. do not disturb. Site offers distant south and west views. Upper valley known for biotech hub (Dartmouth spin offs) Centerra Bus. park 2 miles north is built out. Names by Forbes in 2008 as the number one least vulnerable mid size city in the US.

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