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11 Acres in New England Primed for Industrial 00 Route 12

11.04 Acres of Industrial Land Online Auction Sale Keene, NH 03431

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Virtual Tour

Investment Highlights

  • 00 Route 12 comprises two lots totaling 11.04 acres of prime industrial raw land in Keene, New Hampshire, offering a rare opportunity for development.
  • Keene’s industrial market has seen low vacancy and increased rental rates, attracting investors who are seeking high demand and growth.
  • Logistical advantages for global supply chains via rail, interstates, and access to international markets through the nearby airport and port.
  • Zoned for industrial park manufacturing and assembly, providing flexibility for developers to create industrial spaces that meets the region’s needs.
  • New Hampshire is business-friendly and offers an excellent quality of life, earning high marks in health, education, and children’s well-being.

Executive Summary

00 Route 12 consists of two lots totaling 11.04 acres of raw land, zoned for industrial park manufacturing and assembly. Located in Keene, New Hampshire, this prime property offers unparalleled frontage along Highway 12, providing excellent visibility and direct access to Interstates 89 and 91. The site offers developers the flexibility to design industrial spaces tailored to meet the region’s growing needs. With the Keene industrial market’s vacancy rate at just 2.5% as of Q4 2024 and rents increasing by 3.6% year over year, 00 Route 12 is a rare opportunity for investors to capitalize on a tight and expanding market.

Strategically located in northern New England, this property benefits from convenient access to major infrastructure. Highway 12 connects directly to Interstates 89 and 91, providing smooth connectivity for logistics and commuters. Additionally, the site is less than two hours from Boston Logan International Airport, Portsmouth International Airport, and New Hampshire Port Authority, giving access to international markets. The region is also supported by a network of interstate highways and railways, making this site well-positioned to support businesses with regional, national, and global supply chain needs. Nearby amenities include major national retailers such as Target, The Home Depot, Walgreens, Starbucks, local museums, and Keene State College. New Hampshire offers a business-friendly climate and an excellent quality of life, earning high marks in health, education, and children’s well-being. Drawing a strong local population of over 45,000 and a daytime workforce of more than 31,000 within 10 miles, employers are provided access to an educated and capable labor pool.

Located in The Monadnock region, known for its natural beauty and manufacturing strength, Keene is a strategic location within northern New England’s thriving industrial landscape. New Hampshire is a hub for diverse industries, including aerospace and medical device manufacturing, benefiting from the state’s low cost of doing business, business tax advantages, and educated workforce. With its competitive market, high demand for industrial spaces, and access to global markets via the port and major transportation networks, 00 Route 12 is an exceptional opportunity for developers and investors looking to shape the future of Keene’s industrial development.

Offering Memorandum Click Here to Access

Data Room Click Here to Access

Property Facts

Property Type Land
Property Subtype Industrial
Sale Type Investment
Total Lot Size 11.04 AC
Sale Conditions Auction Sale

1 Lot Available

Lot 1 and 2

Lot Size 11.04 AC

Lot 1 is 9.2 acres and Lot 2 is 1.83 acres, both lots currently do not have access.

DEMOGRAPHICS

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
Boston
694,583
90
2 h 3 m
New York
8,398,748
208
4 h 37 m
Philadelphia
1,584,138
310
6 h 28 m
Baltimore
602,495
409
8 h 23 m
Washington
702,455
443
9 h 10 m
Virginia Beach
450,189
567
12 h 5 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
43,809
Total Labor Force
24,210
Unemployment Rate
2.31%
Median Household Income
$65,595
Warehouse Employees
3,847
High School Education Or Higher
94.20%

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • KEEN-000913-000090-000360
  • KEEN-000913-000090-000370
Land Assessment
$390
Improvements Assessment
$0
Total Assessment
$390

zoning

Zoning Code industrial park (IP) (manufacturing and assembling activities which add value to a product)
industrial park (IP) (manufacturing and assembling activities which add value to a product)

About the Seller

Read More

Sale Advisor

Sale Advisor

(603) 352-5533 x11
Contact
H. Gregory Johnson, Broker of Record
(603) 352-5533 x11
Contact
H. Gregory Johnson has been active in the development, construction, and real estate brokerage for 30 years. He holds active real estate Brokers licenses in Massachusetts, Florida, and New Hampshire. He also is a Licensed Certified General Contractor in Florida.

Mr. Johnson has held many leadership positions in professional associations over the years. He received his education at Wentworth Institute of Technology in Boston, MA. He has been very involved in a number of civic organizations, as well as serving in capacities such as Planning Board, Zoning Boards, and special commissions relating to land use, environmental, and planning.

About the Auction Platform

Ten-X Commercial is the leading end-to-end digital transaction platform for commercial real estate. With over $26bn sold, Ten-X’s platform empowers brokers, sellers and buyers with data-driven technology and comprehensive marketing tools to expand market visibility and decrease time to close. Ten-X consistently yields trade rates at two times the industry average. Ten-X expedites the entire CRE transaction timeline by enabling brokers and sellers to tap into a digital platform that makes it easy to onboard properties, evaluate the success of complimentary omnichannel marketing campaigns and follow up on the strongest pre-qualified leads. Buyers are precision-matched with properties aligned with their investment goals, with unprecedented access to market analysis and due diligence documents to help them securely acquire properties online, with confidence.
Read More

Auction Contact

Mary Humphreys
Auctioneer License: Ten-X, LLC Vibhav Kapila RE Brkr 079759
  • Listing ID: 33463417

  • Date on Market: 10/18/2024

  • Last Updated:

  • Address: 00 Route 12, Keene, NH 03431

Transaction Fee Schedule
Based on Percentage of Winning Bid Amount.
Winning Bid Amount Transaction Fee
$0m to < $1m 5.00% ($20,000 min)
$1m to < $3m 3.00%
$3m to < $5m 2.50%
$5m to < $10m 2.25%
$10m to < $15m 2.00%
$15m to < $25m 1.75%
$25m to < $35m 1.50%
$35M to < $45M 1.00%
$45M to < $55M 0.75%
$55M and Up 0.50%
Example Calculation
Winning Bid Amount $4,000,000 Transaction Fee $100,000 (2.5%) Total Purchase Price $4,100,000

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