Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    8 Mark Avenue Derry, NH 03038

    View on Map
    Claim this Listing
    For Sale
    $69,000

    Other - Derry, NH

    Lot size:
    5,662.00 Acres
    Added:
    Dec 3, 2025
    Days on Market:
    134
    Last Refresh:
    Apr 16 at 10:06 pm

    Property Features for 8 Mark Avenue

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    5,662.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    308

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Christine Bond

    Listing agent Christine Bond

    Listing office Atkinson, New Hampshire 19 Main Street, Keene, NH

    Listing date Dec 3, 2025

    MLS# 5071165 Listing URL

    Copyright © 2026 Better Homes and Gardens-The Masiello Group. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land Near Rainbow Lake

    Located on a dead-end street in the Rainbow Lake Shores community, 8 Mark Ave offers proximity to town conveniences. This property grants residents access to lake amenities, including a private beach for swimming, boating, and fishing. The site is suitable for building a lakeside retreat. Prospective buyers and their agents are advised to conduct their own due diligence regarding building options, utilities, and local town requirements. The lot size is approximately 0.13 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Hotel & Motel Department Store HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Derry
    County
    Rockingham
    State
    New Hampshire
    Longitude
    -71.325757
    Latitude
    42.923329

    Nearby Similar for Sale

    • $575,000
      2,305 SF

      East Derry Multi-Family Duplex

      Side-by-side duplex on 1.5 acres in East Derry.
      89 English Range Road, Derry, NH 03038
      View Details
    • $529,000
      1,818 SF

      Derry Multi-Family Income Property

      Turnkey multi-family property with strong rental history and income potential.
      5 Griffin Street, Derry, NH 03038
      View Details
    • $529,000
      1,818 SF

      Turnkey Multifamily Property in Derry

      Updated multifamily property with income potential near downtown Derry.
      5 Griffin Street, Derry, NH 03038
      View Details
    • Contact for pricing

      Leased Mixed-Use Building in Derry

      100% leased mixed-use building with diverse tenant mix.
      6 W Broadway , Derry, NH 03038
      View Details
    • $1,300,000

      Commercial Kitchen with Excellent Connectivity

      Fully operational commercial kitchen near I-93 in Southern New Hampshire.
      22 Kendall Pond Rd, Derry, NH
      View Details
    • $2,990,000

      Commercial Land in Gateway District

      1.4 acres of commercial land in proposed Gateway District.
      103-105 Franklin Street Extension, Derry, NH
      View Details
    • $65,000

      Derry, NH 1.04-Acre Parcel

      1.04-acre parcel in Derry, NH, off Sunset Ave.
      17 Tyler Road, Derry, NH 03038
      View Details
    • $295,000

      Derry Building Lot Ready

      East Derry building lot surveyed and ready for new home.
      89 Lane Road, Derry, NH 03038
      View Details
    • Contact for pricing
      14,564 SF

      Former Retail/Office Opportunity

      Available retail or office space with ample parking and drive-thru.
      52 Rockingham Rd, Derry, NH 03038
      View Details
    • $495,000

      Derry Land with Bypass Frontage

      5.02 acres in Derry with development potential.
      69 Bypass 28, Derry, NH
      View Details
    • $3,000,000

      Undeveloped Land in Derry, NH

      Almost 500 acres of undeveloped land in Derry, New Hampshire.
      12 Halls Village Road, Derry, NH 03038
      View Details
    • $495,000

      Derry Commercial Land For Sale

      5+ acres of commercially zoned land available for development.
      69 Route 28 Bypass, Derry, NH 03038
      View Details

    FAQs

    What type of property is this?
    Land - Land in lake community with private beach and lake access.
    Where is this land located?
    The property is located at 8 Mark Avenue Derry, NH.
    What is the asking price?
    The asking price for this property is $69,000.
    What are key features of this property?
    This property features: Lake community of Rainbow Lake Shores with lake access; Access to a private beach; Enjoy swimming, boating, and fishing amenities
    (603) 362-5564
    We can help!
    Listing Contact
    Christine Bond
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!