Flagstone Industrial Park is located in Newport, NH off Route 11/103 across from Sturm Ruger manufacturing. The industrial park covers 34 acres and includes Town Water & Sewer along with access to 3-Phase Power and High Speed Internet. The park offers compelling incentives for employers and tenants looking for industrial applications in central New Hampshire. The industrial land is ready to go with flat topography and well draining soils.
Development incentives, property tax incentives and tax credit programs are available at Flagstone Industrial Park. Below are attachments describing the programs in detail. Contact the Town of Newport's Economic Development Office at learn more.
- The town has also designated the Flagstone Industrial Park as an economic revitalization zone (ERZ) in an effort to encourage job creation. The ERZ gives incentives to New Hampshire employers to take advantage of tax credits against business profit and business enterprise tax.
- Newport recently adopted the Industrial and Commercial Property Tax Exemption program in accordance with RSA 72:81. The intent of the exemption is to provide incentives to businesses to build, rebuild, modernize, or enlarge within Newport. The incentive is applicable to local municipal school property taxes and goes into effect April 1, 2020.
- The Town of Newport recently included Flagstone Industrial Park in a Tax Increment Finance (TIF) district to assist with growth and future expansion.
Call Today To Inquire About Pricing & Availability (603) 863-1240
To learn more about Flagstone Industrial Park: http://unitedconstruction.biz/real-estate/flagstone-industrial-park/
To learn more about the Economic Revitalization Zone Tax Credit Program: https://www.nheconomy.com/move/incentives-and-tax-credits/revitalization-zone
To learn more about Tax Increment Financing: https://www.nh.gov/osi/planning/resources/tif.htm
|Industrial Park Map||356.36 KB|
|Industrial and Commercial Property Tax Exemption Outline||58.69 KB|
|Industrial and Commercial Property Tax Exemption - Application||226.2 KB|
|ERZ FAQs for Businesses||64 KB|
|ERZ Application for Businesses||64 KB|
|What is Tax Increment Financing?||469.15 KB|