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3-7 Jenkins Court, Durham, NH 03824
$1,000,000 Sale Pending
3-7 Jenkins Court, Durham, NH 03824View this property at 3-7 Jenkins Court, Durham, NH 03824
3-7 Jenkins CourtDurhamNH03824
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Property Description
REDEVELOPMENT OPPORTUNITY IN THE HEART OF DOWNTOWN DURHAM / UNH CAMPUS! This property sits at the very center of downtown Durham and offers a 60' wide x 50' deep footprint that is ready for redevelopment. The current configuration is a one-story retail building with three separate store fronts. However, with favorable Central Business zoning, this property's highest and best use would be a 4-story mixed use building with office or retail at street level, and housing above. The maximum number of permitted stories in the district is 4, although a 5th story is permitted by conditional use (according to the Zoning Ordinance attached). The seller has preliminary elevations but no active permits. We estimate four potential 2-bedroom units per level (750SF) for a total of 12 units, plus the office retail space at street level. Another option would be to remove the existing structure to make way for a much-needed parking lot in the heart of downtown that could be fully automated earning cash while you sleep. Additional uses in the CB district include hotel, restaurant/bar, gallery, and theater. The seller of this property owns an adjacent property and would consider selling additional square footage that could add to the redevelopment potential of this site. All information provided should be verified by the buyer. Seller and Agent make no warranties or representations about the potential of the site - all approvals must be sought by the buyer and at their expense.
Full Property Details
Full Property Details for 37 Jenkins Court
General
- Price: $1,000,000
- Taxes: $10,184 (2023)
- Status: Pending
- Type: Lots/Land
- MLS ID: 4985371
- Updated: 3/4/2024
- Added to Site: 93 day(s) ago
Location
- County: Strafford
- Driving Directions: From Main Street, turn left on Jenkins Court. The property will be on your left.
- Location Details: Business District, Commercial Zoning, In Town
Utilities
- Sewer: Public Sewer On-Site
Lot Features
- Lot Size (Acres): 0.08
- Lot Size (Sq. Ft.): 3,485
- Frontage: Yes
- Frontage Feet: 60
- Street/Road Desc.: Paved, Public
- Zoning: Central Business CB
Financial Considerations
- Price Per Sq. Ft.: $12,500,000
- Assessment Year: 2023
- Assessment Amount: $497,300
- Tax Amount: $10,184
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Block: 1-3
- Lot Number: 104
Listed by Duston Leddy Real Estate, Jamieson. Duston
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Schools
Schools serving 37 Jenkins Court
School District:Oyster River Coop School District
Rating | Name | Grades | Distance |
---|---|---|---|
1 Coe Dr, Durham, NH 03824 | PK-8 | 0.3 mi | |
23 Mast Rd, Lee, NH 03861 | PK-5 | 4.2 mi | |
55 Coe Dr, Durham, NH 03824 | 9-12 | 0.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 37 Jenkins Court
Date
Details
Price
Change
Source
2/19/2024
Listed
$1,000,000
-34.64%
MLS
5/08/2009
Sold
$1,530,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 37 Jenkins Court
Year
Property Taxes
Change
Tax Assessment
Change
2022
$48,819
4%
$1,681,100
—
2021
$46,900
1%
$1,680,400
—
2020
$46,597
8%
$1,680,400
6%
2019
$43,320
2%
$1,579,300
—
2018
$42,325
-6%
$1,579,300
7%
2017
$45,016
3%
$1,469,200
—
2016
$43,679
—
$1,469,200
—
2015
$43,856
-2%
$1,469,200
—
2014
$44,840
—
$1,469,200
—
2013
$44,678
—
$1,469,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 37 Jenkins Court
3-7 Jenkins Court, Durham, NH 03824 (MLS# 4985371) is a Lots/Land property with a lot size of 0.08 acres. 3-7 Jenkins Court is currently listed for $1,000,000 and was received on February 19, 2024. Want to learn more about 3-7 Jenkins Court? Do you have questions about finding other Lots/Land real estate for sale in Durham? You can browse all Durham real estate or contact a Coldwell Banker agent to request more information.