LITCHFIELD – Two Nashua buyers purchased a large plot of land earlier this year for almost $1.3 million, although the private deal was just announced this week.

The 189 acres at 39 Charles Bancroft Highway was split between two buyers: two-thirds to Q. Peter Nash, of the Q. Peter Nash 1987 Revokable Trust, and the other third to 147 Derry Road LLC, a company started in 2008 by Nashua resident Kevin Slattery, according to state and town records.

The land is assessed at $522,300, according to the Litchfield assessor’s office, but it sold for $1.29 million on April 4.

“The seller wanted to sell and the buyer wanted to buy,” said Mike Tamposi, an associate with real-estate company CB Richard Ellis Group.

He brokered the deal with another CB Richard and Ellis associate, Mike Ball.

Tamposi said the land “wasn’t serving a purpose” and was put on the market by its owner after about 30 years of little development, other than a small piece of farmland once used by the Rodonis family to grow crops.

“They just decided they wanted to get rid of it,” Tamposi said of the selling corporation.

Tamposi said the parties on both sides preferred to remain private, but assessing records indicate that Litchfield Development Corp., a Delaware company, sold the land to the Nashua buyers.

The group bought the land a few decades ago when the prospect of the Nashua Circumferential Highway was still in its planning stages, Tamposi said. The highway was originally planned to pass through the 39 Charles Bancroft Highway plot.

No one knows whether the buyers will develop on the land, but Tamposi said they’re likely to “land-bank it and see what they can do over time.”

“It’s just one of those properties that looked really appealing 25 or 30 years ago, and now that the highway is no longer going to happen, who knows?” he said.

The land is a “tough property,” Tamposi said, with three zoning distinctions, including transitional, industrial and a small number of residential acres. There are several spots of wetlands on the plot, he said, and much of the rest is heavily wooded.

Tamposi said there are no “approvals for anything” on the land from the Zoning Board of Adjustment, and some of those approvals for development might be hard to see through with the presence of wetlands.

The land could be used for industrial, agricultural, timber or residential use, Tamposi said.

Noel’s Christmas Tree Farm is on the plot beside the land, which is also just a short drive from the Manchester-Boston Regional Airport.

Cameron Kittle can be reached at 594-6523 or ckittle@nashuatelegraph.com. Also check Kittle out on Twitter (@Telegraph_CamK).