Absolute Auction of 30,480±SF Bank Owned Tract in Nashua, NH

Deerwood Drive across from Regal Drive, Nashua 03063

Inspection: Inspect Anytime

Sale Manager: Jeb Howell (770) 841-9924 or email jeb@auctionEbid.com

Property Description: 

• 30,480±SF tract with 100+ feet of frontage on Deerwood Drive and 270± feet of depth behind bank branch.
• Part of Town of Nashua tax parcel 0000H-00133.
• Zoned General Business and Park Industrial.
• An April 1, 2015 ESA revealed no RECs in connection with the site.

In 2014, the Nashua tax rate was $24.05 per $1000, ref: http://www.nashuanh.gov/LinkClick.aspx?fileticket=Dlxb8Oga9gU%3d&tabid=452.

The assessed value for that property is $167,600, ref: http://citygisweb.nashuanh.gov/fl/nashuanh/main.html, then select Parcel by Parcel ID on the left, type H-133 in the space below Parcel by Parcel ID then hit "Find", then select "Details" in the search results.  The map will zoom into parcel H-133 and a box will pop up with the assessed value of $167,600.  $167.6 X $24.05 implies a total 2014 tax of $4031.

This parcel is split-zoned General Business and Park Industrial. Regarding such split parcels, Section 190-13, Boundaries of districts, of the Nashua Land Use Code states: "Split-zoned properties. When a lot is transected by a zoning district boundary, the regulations of this Zoning Ordinance applicable to the larger part by area of such lot may, at the option of the owner, be deemed to govern the smaller part of the lot beyond. Uses permitted within the smaller part of the lot, and that are not permitted on the larger part of the lot, shall require a conditional use permit." ref: http://www.nashuanh.gov/LinkClick.aspx?fileticket=f15irrjtPC8%3d&tabid=479

Terms: Bank Proof of Funds Required to Bid, 5% Buyers Premium added to winning bid to determine sale price, 10% Earnest Money Deposit, 1% Broker Co-Op, close in 45 days.

Also Selling October 7th: 

CONNECTICUT:  15.5± Wooded Acres
FLORIDA:  30,000± SF Residential Tract
GEORGIA:  7,500± SF Medical Office Bldg
NEW HAMPSHIRE:  41,018± SF Commercial Site
VIRGINIA:  6,026± SF Former Restaurant

Auctions conducted in cooperation and conjunction with:
Terrie Harman, NH AL#2896, David P Verani, NH RE Lic #3642