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Offered at $995,000Active
beds
baths
sq ft
Built
1977

24 Labombard Road

Lebanon, NH 03766

Commercial Sale · Active · MLS #5053464
Listing Courtesy of Equity Group Real Estate Broker Inc. | James Ward

The home

About this home

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. Use open space for setbacks and open space requirement for higher build out. 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 Was subsequently (anticipated to be ) temporarily rescinded for legal issue and reinstated.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 drastically reduced for quick sale and your opportunity for high demand, low supply commercial land near College and Medical Center at a residential land price. Buy now at discount, hold for zoning revote or rezone now by petition for General Commercial uses. See table of proposed uses for GC-1 . Ind zone- 50% Building coverage, 65 ft. height. GC-1 residential density by planning board review. 3BR house and barn, dated, but good condition, in a nice private setting. Spin off, 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

Property information

Details at a glance

Building2 property facts
Style
Other
Year built
1977
Land & utilities4 property facts
Lot size
50.6 acres
Water
Well, Public
Sewer
Public Sewer
Zoning
Gc-1
Financial2 property facts
Annual taxes
$9,437
Assessment year
2024

Plan your purchase

Estimated monthly cost

Explore costs at the $995,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$5,818 / monthAdjust
Principal & interest
$5,031
Property tax
$786
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $9,437. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Listing history

Price and status timeline

  1. New

    $995,000 · Jul 23, 2025

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Price & market context

See how this home compares with active listings in Lebanon.

This home compared with active listings in Lebanon
MetricThis homeLocal listings
List price$995,000$1,185,00016% below local
Price / sq ft
Days on market293136115% above local

Active city listing statistics from PrimeMLS as of September 12, 2026. Asking prices are not completed-sale values.

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About 24 Labombard Road

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